Missouri officials have announced that they will be decreasing the rates for the high risk healthcare pool by 23 percent for both current and new participants in the program. In 2010, Missouri created a new health insurance pool for the highest risk group, but though it was anticipated that there would be about 3,000 people who joined the program, less than 600 have done so, as many claim that the premiums are simply too expensive. The reduction in the rates are being made possible by both federal funds and policyholder…
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Analysts: Enrollment in states’ pre-existing conditions insurance plans incredibly low
The health care reform law of 2010 is well known for a number of provisions that have succumb to a seemingly endless tide of controversy. These provisions generally garner the majority of public attention, but it is one provision that has been in effect for over a year now that may point to some fundamental flaws in the federal law. The provision in question is one that originally drew in public acclaim, but has since faded into obscurity. According to the law, each state must have a Pre-Existing Condition Insurance…
Read MoreFederal measure that makes affordable health care available to those with high-risk conditions
A new measure from the federal government that seeks to bolster the availability of health insurance for those with existing medical insurance will go into effect today. The measure will reduce insurance premiums by as much as 40% for what lawmakers are referring to as “special, high-risk” plans. This will prove to be a particular benefit to those with pre-existing conditions who were originally unable to afford the insurance coverage they desperately need. The measure is part of the overarching health care reform, the Affordable Care Act. Originally, this particular…
Read MoreMichigan health insurer rolls out new plan geared for youth
Blue Cross Blue Shield of Michigan has unveiled a new insurance plan tailored for young adults, which will cost them less than $100 monthly. Called the Young Adult Blue Max plan, the goal is to provide coverage for those between the ages of 19 and 30. The plan offers medical, dental and vision coverage. Preventative care and services are included in the plan. The insurer is claiming that their new coverage plan will prove especially beneficial for young adults striking out on their own. Whether they are starting a career…
Read MoreChristian medical plan expempt from health care reform law
In a recent ruling, democrat lawmakers have won the right to keep Christian medical plans in place, and members will not be forced to carry traditional health insurance under Obama’s health care reform. Medi-Share, a Christian health cost sharing plan with close to 40,000 members, is not considered health insurance. The plan has been growing in popularity over the past 17 years by offering lower costs than regular insurance plans and setting forth rules for its members of no: illegal drugs, tobacco, no sex out of marriage, no alcohol abuse…
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