There is still time for Congress to act on changes to help stabilize the healthcare system. The fate of the Affordable Care Act has yet to be determined. Meanwhile, people wait while paying exorbitant premiums and their out-of-pocket bills pile up on the kitchen table. Where is the power of the Affordable Care Act?
Tik tok for insurance companies too. They are under a deadline for filing dates this summer. Insurance companies have time to decide whether they will still offer ACA plans. By rolling back the ACA plans, things would start to go back to where they were before the law was signed. This time capsule can be good for many people.
Insurance companies can start checking for health conditions. Don’t panic now! Years ago, the only problem with pre-existing conditions wasn’t whether or not an insurance company would take you, but which insurance company would take you. Each insurance company had personas for health conditions. Just because a big name insurance company rejected someone, doesn’t mean you can’t get health insurance from another company. Insurance brokers simply had to match the personality with the insurance company. It is very simple.
If nothing happens by the end of March, we could see more increases in health plans in 2019. This is terrible news for those on the verge of losing their health insurance because of the cost. Not everyone is able to pay for their health insurance without problems, and many do not qualify for any government subsidies for premiums.
Governors in Alaska, Ohio, Colorado, Pennsylvania and Nevada came up with “a bipartisan blueprint for improving the performance of our nation’s health system.” It presents a high-level overview of what changes should happen. It doesn’t get to be specific enough to make a difference. Maybe it’s too soon at this point. However, policyholders need some answers, and with hard evidence will come some change that will benefit them.
Collective action by 20 US states recently sued the federal government, claiming the law is no longer constitutional following the repeal of individual mandates beginning in 2019. Individuals and households who do not have ACA compliant coverage will no longer be subject to a tax penalty in 2019. The individual mandate was the same rule that the Supreme Court in 2012 ruled to be as constitutional as the tax penalty.
The future of the law and health plans has yet to be determined. Since 2014 it seems most of the policies are changing every year. Every year the premiums go up and the policies cover less. At what point is the breaking point? In this race against time, we will have to wait until the clock stops to know if real change is coming to us.
Source by Butch Zemar
