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Hundreds of thousands of Texans are scrambling to find health insurance after Blue Cross Blue Shield of Texas cut its individual PPO plan sat down with the insurers chief medical officer today Gloria it would figure this happening right now when people airplane working on their plans maybe reallocating that might put something Ina bind is that happening Stephen is Blue Cross Blue Shield of Texas is based in Richardson and the insurers chief medical officer told me that they had to make the difficult decision because the PPO plans under Affordable Care Act or simply hemorrhaging way too much money and every option was in hmm Brenna Thompson and her husband are teachers at two small private schools to add their Santorini to their insurance would cost 700to 900 dollars a month we just can×39;afford that that's for one child, so they were thankful last year to sign up for a Blue Cross Blue Shield PPO for only 220dollars a month through the AffordableCare Act, but the plan was just cancelled only alternative an HMO a plan their beloved pediatrician won't take because she would have to agree to work follower rates I trust her I think she'fantastic, and I don't want to change it Carol Bell Walton also got cancellation notice in the mail IN#39’ve put together this little spreadsheet before the Affordable Care Act she had subsidized PPO for people withpre-existing conditions that ended with the Affordable Care Act, and she moved to different PPO with Blue Cross Bluesier which is now offering her an HMO with the same monthly premium, but she would have to give up at least one other doctors which one did would you choose the one that she had a 25-yearrelationship with that delivered your baby or the one that's changed your health, so dramatically we sat down with the chief medical officer of Blue Crossable Shield it's the Affordable Care Act working outs planned I think it's in it's it×39’s units infancy stages it's certainly going to be a long journey when you look at the number of Texans that are insured since the passage of the Affordable Carat that#39’s a good thing Dr. Dan McCoy says Blue Cross lost 400 million doll arson the PPO marketplace plans making them unsustainable at the end of the day behave really escalating medical cost in this country so it#39’s not just acombinationjust healthy people and sick people it×39;really a combination the fact that behave to control overall growth and healthcare cost it shouldn't#39’t be this hard or expensive for everybody to have health care a study found insurance companies across the country airdropping their PPO marketplace plans for2016 while many people see insurance companies as the bad guys Blue Cross points out that by law insurance companies are prohibited from making any more than 15% and profit on the flip side health care providers and pharmaceuticals have no profit cap Steve Laurie Brown in Dallas thanks
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