health care overhaul
Health Insurance Reform Schedule
2010 New programs: Temporary retiree reinsurance program. National risk pool, small business tax credit. $250 rebate for Medicare members who reach the “doughnut hole”. Health Insurance Reforms: No lifetime benefit limits based on dollar amounts. Allowed restricted yearly limits on the dollar value of certain benefits. No coverage rescissions/cancellations (except […]
Truth of Health Insurance Reform by the New York Times
In Sunday’s edition of the NY Times, buried in the Regional section, comes an analysis of the current health insurance reforms in the state of New York that were implemented over fifteen years ago. Similar to Obama Care, the state of New York required all health insurance carriers to issue […]
How to Shop for Health Insurance
The first step in buying health insurance is learning all you can about the industry. Arm yourself with a little research and it could save you big dollars and reward you with the peace of mind you’ll get when you truly understand the plan you’re getting. When you become sick […]
Health Insurance Reform Guide In 2010
Changes occurring in 2010 include: Young Adults on Parents’ Health Insurance Plans. Young adults may stay on their parents’ health insurance until age 26, effective six months after enactment. Prohibition on Pre existing Condition Exclusions for Children. Insurers are prohibited from excluding coverage of any pre existing condition for children […]
This Week In Health Care Reform
President Obama finalized his health care reform package this week, signing into law the package of fixes approved by the House late last week. While some of the new provisions won’t take effect until 2014, some will be phased in beginning this year. Health Care Reform President Obama Signs Final […]
Health Insurance Reform Immediate Actions
While the majority of health insurance reform provisions go into effect in 2014, there are a number of provisions that take effect in 2010. Here’s an overview of the provisions that become effective this year: Immediately at enactment Grandfathering – Plans and individuals that “renew” their coverage are exempt from […]
Health Insurance Overhaul Sued
On March 23, thirteen states (Alabama, Colorado, Florida, Idaho, Louisiana, Michigan, Nebraska, Pennsylvania, South Carolina, South Dakota, Texas, Utah, and Washington) filed one lawsuit in the U.S. Court system for the Northern District of Florida challenging the Patient Protection and Affordable Care Act. This came minutes after President Barack Obama […]
Individual Health Insurance Pre Existing Conditions
Creditable coverage must be counted towards any pre existing condition exclusion in an individual health insurance policy. This means that when submitting your application you must put your prior coverage on the application. If you do so you will not have any waiting periods towards coverage of your pre existing […]
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