Skip to main content

Health Insurance Industry Now Agrees To Fix Kids Coverage Gap

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 per health condition doesn't take on effect until the year 2014. The insurers however have in agreement to implement any revisions made and people are hoping that their child would have to wait only months and not years to get the coverage.

Comments