Now I know it was marked on everyone's calendar, but just as a reminder, the new healthcare bill took effect this month!
Excited?
-You should be!
Because you aren't on medicare, and chances are you're soon to be over the age of 19!
Federal regulations on the insurance market are having some pretty cruel outcomes. The first one hits Grandma like Salsa-Ritas hits your bowels.
Harvard Pilgrim, a major insurance provider in Massachusetts, Maine, and New Hampshire, was forced to drop its medicare advantage plan for seniors. Their reason? Federal requirements for medicare reimbursements now require their plan to only cover a network of doctors who are contracted to agree to a "negotiated" amount of Uncle Sam's dough. In other words, the only doctors that seniors can use their medicare plan on would be ones who earn less cash(probably not the guys at the top of their class in med school). Prior to the legislation the elderly were able to choose their own Doctor and still get the coverage needed. For now, however, 22,000 Seniors are now out one insurance plan.
Similarly in South Carolina, a stipulation on Kids policies forced one company suspend its plan for children entirely. With insurance providers having no say in who qualifies for which plan, costs are projected to go sky high, -if you're lucky enough to find a plan that is. Families are finding it dramatically easier to get coverage for simply Mom and Dad than for perfectly healthy children.
Backers of the Bill continue to place the blame on Insurance corporations and greed, while Conservatives claim this is designed to drive companies out of business to make room for complete government controlled healthcare.
Questions? Comments? Concerns?
Give the Bill a quick read yourself! Or just continue to pay for it the next time you involuntarily get a social security deduction on your paycheck.
After all, I suppose they do call it a Bill for a reason...