This is important for TAG members who aren't qualified for Motion Picture Industry health coverage and are without a medical plan because there will now be alternatives to high-deductible, low-quality individual insurance.
... There are at least two insurers participating in each of the exchanges. ... Participating insurers generally will offer a number of plans at various tiers of coverage (catastrophic, bronze, silver, gold, or platinum), and they also typically offer more than one plan option within a given coverage tier.
As a result, the number of plans available to consumers will be significantly greater than he number of insurers participating. A variety of plan types (e.g., HMOs or PPOs)are offered in most exchanges. In almost all states coverage is also available to individualsoutside of the exchange, offering additional competition in the market. ...
There's been a lot of fear-mongering about how health insurance rates will explode, but the good news, according to a detailed Kaiser Family report about ACA coverage, is pretty much the opposite:
... While premiums will vary significantly across the country, they are generally lower than expected. For example, we estimate that the latest projections from the Congressional Budget Office imply that the premium for a 40-year-old in the second lowest cost silver plan would average $320 per month nationally.
Fifteen of the eighteen rating areas we examined have premiums below this level, suggesting that the cost of coverage forconsumers and the federal budgetary cost for tax credits will be lower than anticipated. ...
A number of TAG members work steadily for years, then hit a career rough patch where they can't get a studio staff job to save their lives. They are forced to eke out a living doing free-lance, and still pay for kids, keep up the house payments, AND purchase independent health insurance because the MPI insurance has run out.
The Affordable Care Act will change some of that, because getting health coverage and rates that don't bankrupt families and individuals will be way more accessible:
... If you are a 40-year old single mother of three earning $35,000 per year, your costs for health insurance might be as much as $8,784 per year if you were to pay the entire premium. However, if eligible, you will qualify for about $7,416 in tax credits to help pay your health insurance premiums. After applying the tax credit, you would be responsible for $1,368 annually – about $114 each month – for premium payments. ...
Over the next few weeks, TAG will be putting up more information about Covered California, and how members who fall out of Motion Picture Industry Coverage will have viable alternatives to minimalist insurance with fifteen thousand dollars out of pocket expenses.
So watch this space, and also the Animation Guild website.