Residents of Putnam County and St Johns County were recently sent a letter from their health care provider telling them that their insurance will passively renew. Their new rate for 2018 is quite a bit higher than what they are paying this year. That doesn’t sound great, does it?
When clients come to us, we are able to help them manage the renewal process instead of just allowing their policy to passively renew with a huge increase. When we resubmit their Marketplace application, it drops their rate “below” what they are paying this year.
If you have an individual Florida Blue health insurance policy, please contact us before December 15th! This applies to all individuals up to 65 years old.
Here is an example – we just had a mother of two come in and she is paying $15.92 a month through the Marketplace. Her renewal letter told her that her passive renewal new premium will be $277.31. She came to Bates Hewett & Floyd and we resubmitted for her. Her new premium is $0, yes ZERO.
Please make sure to contact us before a passive renewal. We don’t want you to receive your letter and just say “forget it, this costs too much” and let it go.