Health Insurance: The Race Against the Clock

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There is still time for Congress to pick up the elements of change in the health care system to help stabilize it. The fate of the Affordable Care Act remains to be determined. In the meantime, people wait, paying extremely high premiums and have mountains of bills to pay on the kitchen table. Where is the affordability of the Affordable Care Act?

Also tick Tock for insurance companies. They are subject to a schedule for filing dates this summer. Insurance companies have the time to decide whether or not they will still offer ACA plans. By withdrawing the plans from ACA, things will start to come back before the law is signed. This time capsule can be good for many.

Insurance companies can start screening for health issues. Don't panic just yet! Years ago the only problem with pre-existing conditions was not "if" an insurance company took you, but which one. Each insurance company had personalities for health conditions. Just because a big insurance company turned someone down doesn't mean you couldn't get health insurance from another company. Insurance brokers just had to match the personality to the insurance company. It & # 39; s that easy.

If nothing happens by the end of March, we could move on to further health plan increases in 2019. This is terrible news for people on the verge of losing health insurance. because of the costs. Not everyone is doing well enough to pay for their health insurance without a problem, and many others are not eligible for government grants for premiums.

The governors of Alaska, Ohio, Colorado, Pennsylvania and Nevada have proposed "a bipartisan plan to improve the performance of our nation's health care system." It brings together a high level overview of what certain changes are expected to happen. It is not specific enough to make a difference. It may be too early at this point. However, policyholders need answers, and hard evidence that something will change will benefit them.

A class action lawsuit from 20 U.S. states recently sued the federal government, claiming the law was no longer constitutional after the individual tenure was repealed from 2019. Individuals and families not benefiting from ACA compliant coverage will no longer be taxed in 2019. Individual tenure was the very rule that was determined by the Supreme Court in 2012 declaring it to be constitutional as a tax sanction.

The future of the law and health plans remains to be determined. Since 2014, it seems that most policies change every year. Every year, premiums go up and policies cover less. How bad is the breaking point? With this race against time, we'll have to wait for the clock to stop to find out if we have any real change coming.


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