Q. As I understand it, the bill forces all Americans to have health insurance. However, I think that the fine for having no health insurance is around $750. But after the year 2014, health insurance companies will not be able to turn customers away for preexisting conditions. Why wouldnt someone pay the fine or buy low end coverage until they got ill and supplement the coverage or buy an extensive plan?
A. You almost understand it - Americans will have a choice - they can either pay $500 a month for insurance, OR, they can pay $300 a year in extra tax, and wait until something goes wrong before buying that $500 a month insurance, and then buy it and still get it covered.
Obviously, there's a huge "adverse selection" issue written into the current law, which means that it's highly unlikely that "all Americans will have health insurance". Normally the way things work, laws passed by the government have the exact opposite result of the stated intent, and even now, we have fewer people with health insurance today, than when the bill was passed. As the rates skyrocket to counteract the preexisting conditions exclusion deletions, even fewer people will be insured.
Plus, basic math. How, exactly, is a family of 4 making $50,000 a year before taxes, supposed to carve out $1500 a month, UP FRONT, for a full year, until they can get their income tax credit the following year to "subsidize" them? I really don't see it happening.
This bill will tighten the insurance marketplace even further, as far as individual policies go, and the smaller companies will be going out of business. That, to me, is the REAL intent behind the "Obamacare" legislation.
So you're right. Only people who are really, really bad at math, will pay for insurance up front, when they don't need it, when for way, way WAY less money, they can buy it AFTER they need it, and still get covered.
Obviously, there's a huge "adverse selection" issue written into the current law, which means that it's highly unlikely that "all Americans will have health insurance". Normally the way things work, laws passed by the government have the exact opposite result of the stated intent, and even now, we have fewer people with health insurance today, than when the bill was passed. As the rates skyrocket to counteract the preexisting conditions exclusion deletions, even fewer people will be insured.
Plus, basic math. How, exactly, is a family of 4 making $50,000 a year before taxes, supposed to carve out $1500 a month, UP FRONT, for a full year, until they can get their income tax credit the following year to "subsidize" them? I really don't see it happening.
This bill will tighten the insurance marketplace even further, as far as individual policies go, and the smaller companies will be going out of business. That, to me, is the REAL intent behind the "Obamacare" legislation.
So you're right. Only people who are really, really bad at math, will pay for insurance up front, when they don't need it, when for way, way WAY less money, they can buy it AFTER they need it, and still get covered.
What is the best health insurance and cheapest that covers medical, dental and vision in Miami, FL?
Q. I am searching to find the best possible health insurance that offers the lowest rates/charges, since I am fed up with my previous one that was too expensive and did not cover may of my visits. I need the insurance that covers medical, dental and vision and that it is for Miami-Dade county, Florida. Does anyone know? Thank you very much!
A. Compare health insurance, 2insure4less:
http://compactsource.info/rdnet/2insure4less/1
http://compactsource.info/rdnet/2insure4less/1
What is individual and family health insurance?
Q. I am planning to have family health insurance in these days but I want to understand the basic difference between individual and family health insurance.
A. Individual and family health insurance is a type of health insurance coverage that is made available to individuals and families, rather than to employer groups or organizations. Given the option, most people would prefer to have their employer provide group health insurance coverage. But, if this is not an option for you, it is still important for you to seek coverage. You may be pleasantly surprised with the variety and affordability of the individual and family health insurance options available.
try http://CheapInsurance.Tk
try http://CheapInsurance.Tk
Where can i find a good health insurance to pay for eye surgery?
Q. Well I do not have health insurance and I was just wondering? Does anyone know of a good health insurance that would pay a large sum of money if I do get this surgery?
A. I don't know if you'll be able to get Health Insurance with a pre-existing condition but you can always try the National Eye Institute, which supports eye research, they dont help individuals pay for eye care, however, if you are in need of financial aid to assess or treat an eye problem, you might find one or more programs at their site below:
http://www.nei.nih.gov/health/financialaid.asp
Also, getting quoted is free so you have nothing to lose by shopping around, these http://moneysavecenter.com/health/ will compare 12 carriers filling out just the one form so I saves a lot of time.
Hope you find something!
http://www.nei.nih.gov/health/financialaid.asp
Also, getting quoted is free so you have nothing to lose by shopping around, these http://moneysavecenter.com/health/ will compare 12 carriers filling out just the one form so I saves a lot of time.
Hope you find something!
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