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Final_Project_Aliya_Teregu page 1 - Medicare May Cover More...

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hild can stay on your insurance policy until he or she is 26 years old. Currently, many insurance companies do not allow adult ch 10 Ways the New Healthcare Bill May Affect You The Patient Protection and Affordable Healthcare Act, more commonly referred to as the “healthcare bill”, has taken over a year to craft and has been a lightning rod for political debate because it effectively reshapes major facets of the country’s healthcare industry. Here are 10 things you need to know about how the new law may affect you: 1 Your Kids are Covered You Can’t be Dropped You Can’t be Denied Insurance You Can Spend What You Need To You Don’t Have to Wait You Must be Insured You’ll Have More Options Flexible Spending Accounts Will Become Less Flexible If You Earn More, You’ll Pay More
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Unformatted text preview: Medicare May Cover More or Less of Your Expenses 2. You Cant be Dropped 1 10 ways the New Healthcare Bill May Affect You by Kate Adams Friday, March 26,2010 1 42a9a439f2f63595d20cc6ecc66d418a38276db8 Starting this fall, your health insurance company will no longer be allowed to drop you (cancel your policy) if you get sick. In 2009, rescission was revealed to be a relatively common cost-cutting practice by several insurance companies. The practice proved to be common enough to spur several lawsuits; for example, in 2008 and 2009, Californias largest insurers were made to pay out more than $19 million in fines for dropping policyholders who fell ill. 2 42a9a439f2f63595d20cc6ecc66d418a38276db8...
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This note was uploaded on 04/26/2010 for the course COMP APP 1 6025 taught by Professor Bittman during the Spring '10 term at James Madison University.

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Final_Project_Aliya_Teregu page 1 - Medicare May Cover More...

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