When there are not enough health insurance companies to foster a competitive environment, this results in premium gouging and worse coverage benefits. This is what we are seeing in today's individual on and off exchange health insurance choices and in the small group health markets.
I get calls everyday stating that someone has left an employer and has this question, "Cliff, is COBRA the good coverage and should I enroll and pay for it ‘cause COBRA is expensive. HELP!" So, let's start at the very beginning. What is COBRA? Many people don't even have an idea what COBRA is, what are the premiums based on, and should they enroll in COBRA anymore?
As a Florida small- / mid-sized group health and individual insurance broker in Florida since 1999, I've listened to small business owners complain that the government never helps true small business owners with under 50 employees. So why are small business owners missing the opportunity that the ACA uniquely brings to them on a silver platter?