September 2013 Newsletter


You can’t pick up a newspaper or turn on the TV without hearing about the Affordable Care Act(ACA) and the introduction of the Marketplaces(Exchanges) beginning October 1st.

Questions that may be on your mind:

Q:      What is the big deal about October 1, 2013?

A:    This date is the “go date” for the Exchanges.  But the new ACA plans don’t go into effect until January 1, 2014.  And you have health insurance coverage now and until your plan renews, you don’t need to do anything if you choose.  The federal exchange being used in Missouri will have at least a couple insurance carriers participate, Anthem Blue Cross and Coventry.

Q:    Do I have to change to an ACA plan?

A:    Once your current plan renews, and that can be anywhere between January 1 – December 1, 2014, you will need to switch into an ACA plan that has Essential Health Benefits(EHB).


Q:    Will my health insurance premium increase with an ACA plan?

A:    It may or may not.  With additional benefits and fees included in the ACA plans, there is a likelihood that you will be seeing an increase.  But we can work together on establishing the best plan for your needs.  And you may qualify for a subsidy on the exchange.

Q:    Can I delay switching into an ACA plan?

A:    Yes, you will have an opportunity in the next few weeks to “renew early” with your current plan.  Your renewal date will move to December 1, 2013.  And then your plan will be in place until December 1, 2014.  You will be receiving information directly from your insurance carrier on your early renewal options.

Q:    Can I still work with Scott Stream throughout all this process?

A:    Yes, I have received the necessary training and licensing to assist you with the traditional programs and with the Exchanges.  Please contact me with any questions you may have along the way.  There is much information coming very fast and I can help you with your specific situation.

Thank you for the opportunity to work with you on your insurance needs.


Scott Stream