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Health Care Reform
 
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Health Care Reform: Paying more for health insurance

Updated: Thursday, August 22 2013, 10:43 AM EDT
Health Care Reform: Paying more for health insurance


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October 1, 2013

1. Additional Funding for the Children's Health Insurance Program (CHIP)

2. Under the new law, states will receive two more years of funding to continue coverage for children not eligible for Medicaid.


January 1, 2014

1. The Health Insurance Marketplace is established

2. You must buy coverage or pay a fee to offset costs of caring for uninsured Americans.

3. Medicaid program expands. Federal government to pay 100% of costs for first three years.

4. Tax credits given to people who can't afford care.

5. Ensures coverage for individuals participating in clinical trials

6. Annual limits on insurance coverage eliminated.

7. No discrimination due to pre-existing condition or gender

8. Small business health insurance tax credit increases

Read more at: http://HealthCare.gov


 

Enrollment for healthcare exchanges as part of healthcare reform begins October 1 in states where exchanges will be set up. Expect special reports each week from us about what you need to know about 'Obamacare' and the ongoing political fight about its future.

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