Last Friday, Cigna announced that they would continue to sell 2018 individual plans in Kansas City, Missouri. However, many are dismayed as Cigna files big rate increases of 42 percent.
Cigna’s plans have had mixed reviews. Many consumers have liked the inclusion of Centerpoint Hospital in Independence. Nonetheless, Cigna maintains a small network of hospitals and doctors, which follows the moves of Humana and BlueKC. The latter two companies are not selling individual and family plans in 2018.
Cigna’s decision to not work with or compensate health insurance agents alienated an eager work force whose business is helping individuals and families find the right insurance plans.
Until Friday, it was uncertain whether Cigna would continue to sell health insurance options in 2018. Their announcement means that there will be two competitors on the Missouri side as Centene arrives in KC.
Centene is the wild card for this coming open enrollment.
So far Centene’s plan benefits, rates, and networks are completely unknown. If they can keep pricing below Cigna’s big rate increases, they will likely dominate the Missouri market.
Centene’s willingness to work with health insurance agents and brokers is a positive sign.
Currently we are in the process of getting appointed with Centene. Open enrollment is fast approaching, running from November first through December fifteenth. If you wish, you can set an appointment to discuss the 2018 options.
With the rate increases across the board, more and more are going with high-deductible bronze plans. You should check out my strategy for protecting myself from the high deductibles if you like good value in your health insurance.