Health care reforms will place limits on costs paid by employees

Health Care Reforms Small Business Health Insurance

Workers may no longer need to fear continuing spikes in out of pocket costs. In the pre-health care reforms environment, it had become a significant trend among small businesses to repeatedly hike deductibles and other costs that their workers were required to pay out of pocket in order to ensure that they would be able to continue to offer medical insurance in as coverage prices continue to rise. Now, the Affordable Care Act will limit the amount of cost that employers will be able to shift to workers. The federal health…

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Affordable Care Act could bring financial trouble to 6 million

transaction account guarantee program

Report suggests Affordable Care Act provisions may create some financial stress for consumers Analysts from the Congressional Budget Office have released a new report concerning the effects that the Affordable Care Act will have on U.S. citizens. The health care law has been the subject of controversy for the past two years due to provisions that some states consider to be unconstitutional. Though the health care law has been challenged and upheld, those opposing the law are still looking for alternatives, claiming that the law will bring with it profound…

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Health insurance of parents may not cover their children who are pregnant

pregnancy health insurance

There are exceptions to the healthcare reforms that allow children to remain covered until they turn 26. The overhaul to the healthcare laws have been designed to widen the number of young adults who have health insurance by allowing them to stay on their parents’ plans until they turn 26 years old. However, there is no guarantee that pregnancy will be covered. Though it is in no way uncommon for young women aged 26 or younger to become pregnant, there are some health insurance plans that will not provide this…

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Federal health care reforms rejected by Texas

Texas Homeowners Insurance

Governor Rick Perry announced his lack of intention to comply with key provisions of the law. Texas Governor Rick Perry has expressed that the state will not be implementing some of the primary elements of the health care reforms, which include the Medicaid program’s expansion and the formation of an insurance exchange. This means that the state with the largest number of uninsured residents will not be covered by the law. This announcement places Texas in the top position in terms of being the highest populated state that has refused…

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Health care law expected to have sweeping effects throughout the U.S.

US Supreme court ruling health insurance

Court rules on the constitutionality of the Affordable Care Act The U.S. Supreme Court has ruled that the Affordable Care Act is, in fact, constitutional. The Court has determined that all of the provisions of the controversial health care law are to be upheld. This includes the individual mandate provision that requires all U.S. citizens to purchase and maintain some form of health insurance coverage. The decision of the Court could have widespread political and economic implications. The effects of the law are expected to impact much more than the…

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