Health Insurance Agents Are Worried And Struggling - Newschannel 6 Now | Wichita Falls, TX

Health Insurance Agents Are Worried And Struggling

Health insurance agents and brokers in Texoma haven't been able to cash in a lot of money since the Affordable Care Act went into effect.

"The insurance companies are required to pay 80 cents of every dollar just in claims which doesn't really leave a lot to pay for administrative expenses and pay the agents that service the American consumers and businesses," said Mel Schlesinger, the immediate past president of the National Association Of Health Underwriters.

Newschannel 6 spoke to an agent who works in the supplemental insurance market, which helps cover out-of-pocket costs that come with critical illnesses and accidents. He says that market hasn't been impacted by the Affordable Care Act and other agents have taken notice.

"We're seeing many people that made a great living at one point selling Medicare or major health insurance transition into the supplemental market now that times have changed," said Steven Guilfoile, a regional manager for Washington National Insurance.

Local agents say they're mostly worried about how the Affordable Care Act will impact Texomans, especially those who are young or own a small business. The president of Texoma Health Underwriters Krista Zimple said, in 2014 health insurance premiums for young people are expected to increase by 200%.

"Those rates that are going to raise for the younger people, they're going to be more expensive for the employer so they might have to drop some people to part time so they don't have to offer them benefits. Then we have people who aren't making much money because they're working less hours. You know, we don't need to lose jobs," said Zimple.

However, the fact that the health reform requires most people to have health insurance has its advantages, especially for health care facilities.

"The Community Healthcare Center isn't a political organization but certainly we feel that anything that enables us to provide care to as many folks as possible it's going to be a benefit to the north central Texas community," said Brett Moyer, the community relations coordinator for the Community Healthcare Center.

 

Tanya De Jesus, Newschannel 6

  • News HeadlinesNewsMore>>

  • Laughter, tears as former first lady Barbara Bush remembered

    Laughter, tears as former first lady Barbara Bush remembered

    Saturday, April 21 2018 12:04 AM EDT2018-04-21 04:04:04 GMT
    Sunday, April 22 2018 10:28 AM EDT2018-04-22 14:28:12 GMT
    (AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.(AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.

    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.

    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.

  • 4 dead in Nashville Waffle House shooting; suspect sought

    4 dead in Nashville Waffle House shooting; suspect sought

    Sunday, April 22 2018 8:34 AM EDT2018-04-22 12:34:45 GMT
    Sunday, April 22 2018 10:27 AM EDT2018-04-22 14:27:55 GMT
    A customer at the restaurant took the gun from the suspect, who then took off his coat and fled the area. (Source: CNN)A customer at the restaurant took the gun from the suspect, who then took off his coat and fled the area. (Source: CNN)
    Police in Tennessee say three people were killed and four were injured in a shooting at a Waffle House restaurant early Sunday. (Source: CNN)Police in Tennessee say three people were killed and four were injured in a shooting at a Waffle House restaurant early Sunday. (Source: CNN)

    A customer at the restaurant took the gun from the suspect, who then took off his coat and fled the area. 

    A customer at the restaurant took the gun from the suspect, who then took off his coat and fled the area. 

  • Man killed in random knife attack at California steakhouse

    Man killed in random knife attack at California steakhouse

    Saturday, April 21 2018 5:44 AM EDT2018-04-21 09:44:08 GMT
    Sunday, April 22 2018 10:27 AM EDT2018-04-22 14:27:50 GMT
    (Ventura County District Attorney's Office via AP). This undated photo provided by the Ventura County District Attorney's Office shows Jamal Jackson. The homeless man has been charged with murder in a random stabbing attack in which a man was killed wh...(Ventura County District Attorney's Office via AP). This undated photo provided by the Ventura County District Attorney's Office shows Jamal Jackson. The homeless man has been charged with murder in a random stabbing attack in which a man was killed wh...

    A homeless man has been charged with murder in the death of a California father who was stabbed in the neck as his 5-year-old daughter sat in his lap in a crowded beachside steakhouse.

    A homeless man has been charged with murder in the death of a California father who was stabbed in the neck as his 5-year-old daughter sat in his lap in a crowded beachside steakhouse.

Powered by Frankly