by VentureStreet  Join Our Network
Health Care Reform - What Does It Mean To Consumers

I feel it neccessary to clarify some things regarding the Health Care Reform Act. As you know, the first "wave" of changes are now in effect in the form of PPACA (Patient Protection Affordable Care Act). PPACA is a list of preventative services that insurance carriers are now required to include in all major medical health insurance policies. Usage of these new benefits by the insured begin 1/1/11. At this time, carriers will institute rate increases to cover the financial load of these new additional services. What does this mean? Well, I guess it means that this new "Affordable" care will actually cost more, and for some folks, it could mean that coverage for themselves, their families, and their employees will now be unaffordable. This is unacceptable to me as a consultant, consumer, and as an American! Experts are forecasting that some carriers will increase premiums by 30%!!!! I know that come mid-term elections in November, I will be exercising my constitutional right to vote. There are, however, ways to position yourself correctly for this. Insurance companies are handling these changes in different ways. Some are raising rates on Jan. 1, some are raising rates now. The few that are raising rates now are doing so in order to guarrantee a rate for 12 months. I like this idea. It makes sense to me. Lock in that rate for as long as possible. My advice is simple: Be prepared, be pro-active, and position yourself correctly. Talk to an expert.

Free Quotes from Health Insurance Agents
Click to Get Quotes
Other articles you may like:
Shopping for Health Insurance? Advantages of Choosing An Independent Florida Insurance Broker
Advantages of Working with an Independent Florida Health Insurance Broker / Agent

Have You Had Time To Read Your Benefit Plan?
Have you read and understand your insurance plan? Wouldn't it be nice to have a...

Health Care Revisited
United States Health Care System through History

Health Care Reform Timeline
Here is a look at some of the major health care reform provisions that you will see over...

National Health Care Update
Did anyone catch the Health Care Summit last week? Impressive? I'm just not sure. While...

Be the first to find this article helpful.
Free Quotes from Health Insurance Agents
About the Author

Doug Lewin, Lewin Insurance Advisors
4651 Salisbury Rd
Jacksonville, FL 32256

If you would like to re-print this article, please contact the author.
Other articles you may like:
Online Health Insurance Exchanges
Obamacare, is it the answer or more costly to everyone?

Do You Know What Factors Determine the Cost of Health Insurance?
Major factors that determine the cost of health insurance. The cost of health insurance...

What Would You Do If The Unexpected Happens?
What would you do if you feel like giving up? Let me tell you a story about a family...

What Should Be Covered In a Medical Health plan.
This is a summary of some of the things should in your major medical (health) plan,...

Do You Know What A Good Benefit Plan Looks Like?
A good benefit plan should include a number of plans that would meet you and your...

Editorial Disclaimer: The views expressed in articles published on this website are those of the authors alone. They do not represent the views or opinions of this website or its staff. The articles on this site do not constitute a recommendation or endorsement with respect to any views, company, or product. Authors affirm that article submissions are their original content or that they have permission to reproduce.

Home   |   Articles & Videos   |   Affiliates   |   Networking Groups   |   Search by Category

Terms of Use   |   Privacy   |   About Us   |   Contact Us   |   Member Login

©2003-2022 - VentureStreet, LLC

Join Our Business Network