Complicated issues: Anthem Blue Cross and Blue Shield President Robert Hillman fields questions Monday at NineStar Connect in Greenfield on the upcoming changes to health insurance in Indiana under the Affordable Care Act. Hillman and company vice president David Lee discussed the topic during a talk hosted by the Hancock Regional Hospital Foundation. (Jim Mayfield/Daily Reporter
GREENFIELD — With health insurance exchanges set to open in one week ahead of the federally mandated changes in health insurance under the Affordable Care Act, even the president of one of Indiana’s largest health insurance companies can’t say which way premiums will go.
“These numbers are all over the place,” said Robert Hillman, president of Anthem Blue Cross and Blue Shield in Indiana.
Hillman and company vice president David Lee were in Greenfield Monday to preview and field questions on how the Affordable Care Act might affect individuals and small-group policy holders after Jan. 1.
“There’s a lot going on here, and there are a broad range of possible answers,” Hillman said. “Under the law, everything moves to the center.”
According to Hillman, whether or not individuals will see their premiums go up depends primarily on who they are, and the answer, he said, is counterintuitive.
Individuals whose premiums were based on a healthy lifestyle with no significant health risks will automatically see their rates increase when the law goes into effect Jan 1.
Conversely, people who were previously considered a higher risk with health issues or conditions will find a premium decrease and windfall after the first of the year.