Healthcare reform a done deal, what you need to know

2:50 PM, Nov 8, 2012   |    comments
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CLEVELAND --  Since the U.S. Supreme Court upheld the law and now that President Obama has retained office there's little doubt healthcare reform, the Affordable Care Act (ACA), will change.    

In 2014 insurance companies will not be able to deny health coverage to U.S. citizens with pre-existing conditions.  However until that takes effect there is an interim program to help those waiting for coverage.  If you haven't had insurance for six months, you may qualify.  Click HERE to find out.

On January 1, 2014 you will be required to have some form of health coverage or face a fine.  There are some situations for exemption, but the majority of us will be required to have coverage.  In 2014 the fine will be 95 dollars per adult but it goes up significantly in the following years.  To learn more click HERE and HERE

Medicare will cut $400 billion in reimbursements to hospitals over the next several years, but those cuts were pre-arranged with hospitals and were specified for emergency room care. Once 32 million new people have payment coverage, that money will no longer need to be paid to those ERs.

Click HERE to learn how the plan will affect Seniors.



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