Health insurance

Coming to a new light for the insurance industry, they have welcome the changes brought by President Obama. They have agreed not to block his efforts to fix a possibly embarrassing defect in the new law. The industry's top lobbyist Kathleen Sibelius, Health and Human Services Secretary, said that the insurers will now accept the new regulations to disperse uncertainty over the guarantee that kids with medical problems can now get health insurance coverage starting this year. Health care plans recognizes the hardship that families face when they are not able to obtain health coverage for a child with per exiting condition. According to the new regulation, health insurance companies will be banned from denying coverage to children with per existing conditions. The industry has now agreed to fully comply with the regulation. However, if this problem had prevailed, some may have to wait for a long time for the health coverage. As the law's ban on denying coverage to any kids with ...

After a health insurance company denied coverage to a sick newborn baby, it resulted in the death of the young child. The newborn hardly lived for 10 days after he was denied coverage by a reputed health insurance company in Texas. The baby was born with a condition known as the d-transformation which happens when there is a transposition of the great arteries in the heart. This is not a major sickness but it can be fixed with a major surgery which the insurance company could not pay. The insurance company has deemed the condition as a pre-existing one as the baby was born a few days earlier. Since the disease was considered as a per-existing one, the company refused to cover the health care of the baby and due to which the baby could not have the surgery. Unfortunately the baby died after few days and it is truly a big tragedy especially for the parents. However, the new health care bill has brought a new hope. Under the new health care no health insurance company can deny a coverag...

Finally after a year of constant debate, the Government has finally approved a bill eventually to extend the health insurance coverage to more than 30 million of people in America. Some of the immediate changes that include are to prohibit insurance companies from refusing to insure children with preexisting conditions, to offer Medicare beneficiaries and more help for paying for drug coverage. Coverage Expansion: Millions of people currently uninsured will now get a coverage help in the year 2014. This is a year when state Medicaid programs are expanding in order to cover people living between 133 and 400% of the federal property level. Even the subsides will chip-in in order to provide an affordable plan on the health insurance marketplaces. The businesses and individuals can shop for health insurance on these exchanges. According to the bill, Americans are required to have health insurance by the year 2014 or they can get a penalty. However, some people are exempted from the h...

Health insurance coverage carries an important significance towards the safety of the employees as it saves a lot of money. Now, in the present situation, living without health insurance is somewhat not secured and so maximum people prefer buying health insurance. And the employees of small business get more relief if they can have an affordable health insurance coverage from their company. But many companies, now-a-days, offer costlier health insurance coverage than before. It has stood before the small business employees as a problem as they can not afford such big amount of premiums. The business policy of different companies vary from each other and many of them require employees to buy a larger share for the health insurance coverage . It results many times a negative result as the employers can not opt the opportunity of the job-based health insurance for its high premium. No matter whether the they are small business or big business employees,they all need company coverage. B...