New Health Care Affecting Everyone
Topic: Insurance
Every American will feel the impact of the changes in the health care laws. For example, the Heritage Foundation claims that "the outlook for seniors’ Medicare Advantage (MA) plans is grim under the new health care law. Though seniors’ premiums will drop 1 percent in the new year, this will be the exception to the rule over the next decade."
Then a post on NYTimes notes "the biggest changes arrive this year courtesy of the new health care law. The new rules require employers to extend health insurance coverage to uninsured dependents up to age 26, eliminate any lifetime caps on coverage, and pay 100 percent of the cost of annual physicals and some other preventive care. Plans that don’t significantly change their cost and coverage structures will be exempt from the preventive care requirements. But for the most part, rising health costs will force employers to alter their plans, if only to shift more of the burden to employees. The new requirements and complicated new options will make selecting the right insurance plan perhaps more daunting than ever."