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So here we are six months after the passage of what will be called “OBAMACARE”. We are seeing the first affects of this historic bill.

Now all plans written after September 23rd of the this year, come with Preventative Services without a co-pay. All lifetime limits have been removed, and children cannot be denied coverage.

So here is the “aftershock” of the plan. These benefits mentioned above seem to have added between 6% and 9% to the premium as far as I can tell. Insurance companies are no longer going to write CHILDREN ONLY POLICIES, at least many of them have stopped. Group insurance could be going away. 3M Corporation announced it would eliminate it’s private insurance plans for retirees. McDonald’s, you know the hamburger chain has been in the papers almost everyday this week, considering dropping 30,000 employees on their franchise plans. I would guess that Burger King would follow them as that seems to happen a lot.

Insurance carriers are going away too!! Principal Financial is leaving 31 states, after sixty years of service.

I have also seen some other carriers do some unique things. In New Hampshire, the state told Celtic that they could not be in the state and drop Child only policies, they said great we will leave the State. I saw Celtic pull out of Maryland as well, though I do not know if that is the reason.

YOUR INSURANCE MIGHT BE AT RISK. Just a warning, please be prepared.

Thanks for reading.

Eric Wilson is the president of I Sell Health, Inc. a midwest insurance agency. The write business in Ohio, Illinois, Wisconsin, Indiana and have just added New Hampshire to their portfolio. He can be reached toll free at 888-448-5370 or online at www.isellhealth.net. The email address is isellhealth@gmail.com