Health Insurance Quote Reform : EasyToInsureME
This Week in Health Care Reform
After weeks of logjam on Capitol Hill, lawmakers in both the House and the Senate have reported progress in their respective negotiations this week, clearing way for a possible vote on sweeping health care reform legislation after the August recess. To help you make sense of the numerous reform plans and plan details, review the attached chart.
Public Plan
House Democrats Reach Compromise: After weeks of infighting, House Democrats on the Energy and Commerce Committee came to an agreement on Wednesday that would shave $100 billion off the House bill’s original price tag of more than $1 trillion. The Energy and Commerce Committee resumed marking up the legislation Thursday, but the full House will not vote until after the August recess.
Congressional Budget Office (CBO) on House Plan: The CBO helped the House Democrats’ case for a public option when it reported that under the proposed legislation , most people would still choose employer-based coverage rather than a government-run option. The CBO stated that, given the individual mandate, more employees would sign up for coverage through their employers. However, the latest analysis also stated that the proposal would still increase budget deficits.
Senate May Choose Co-Op Over Public Option: Senate Finance Committee negotiators indicated that they were close to reaching a bipartisan deal that would include a co-op modeled public plan. The proposal being discussed would include a tax on insurers and would use non-profit cooperatives to compete with private insurers. The proposal would also not include an employer mandate.
Alternative Plans
House Republicans Unveil $700B Plan: On Wednesday, House Republicans unveiled a $700 billion health care plan that would offer tax deductions and credits to assist individuals in purchasing insurance, as well as take on medical malpractice. According to House Republicans, the proposed plan would be fully paid for, but CBO has yet to officially assess the cost of the legislation.
Financing the Plan
New CBO Score on Senate Bill: The Senate Finance Committee got a boost when the CBO estimated the latest version of the Committee’s health reform bill would cost less than $900 billion. The bill would cover 95 percent of Americans by 2015 and would be fully paid for in the first 10 years, according to Finance Chairman Max Baucus (D-MT).
Tax on “Cadillac Plans” Gains Momentum:The Senate Finance Committee’s option to tax insurers on high-value “Cadillac plans” has attracted support in the Senate, and it seems senior House Democrats are warming to the financing proposal. A spokesperson for America’s Health Insurance Plans voiced opposition to the plan, and many assert that a tax on insurers will ultimately be passed down to consumers.
CBO Rates Independent Panel: CBO reported this week that the proposed independent panel to oversee payments by Medicare would result in just $2 billion in savings over 10 years.
Additional Activities
AARP Voices Concern: President Obama held a town hall-style meeting at the American Association for Retired Persons (AARP) Washington headquarters this past week to address growing concerns among seniors about health reform and subsequent cuts in benefits. Polls show that senior citizens are more skeptical about health care reform than any other age group. Consequentially, AARP has had to walk a careful line in endorsing the House bill. Earlier this week, AARP expressed disappointment in the lack of progress in the Senate, saying that Senators have “failed to act.”
Looking Ahead
House lawmakers plan to conclude work this week and break for a month-long recess, returning to their districts to further discuss health reform efforts. The Senate will recess on August 7th.
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Where do you get long term health care insurance quotes?Where do you get long term health care insurance quote?
Where do people get long term care health insurance quotes? I've come across many websites but was wondering if anyone has had any particularly good experiences.
There are many places to get an on-line quote. Here is another: http://www.yourhealthplanadvisor.com/ooshealth.html and I'm sure if you do an internet search you'll find many more.
You can get an idea of costs on-line, but there are hundreds of plans available and how do you know if you've choosen the best one for your situation? It'll take you several days to intelligently compare all the plans available. Also, if you have any pre-existing conditions that might add a rider to the policy, cause you to be declined, or if you are out of the height and weight guidelines you won't know until you've applied and gone through the underwriting process which is a big waste of time. You should contact a local independent agent who can work with you to find the best policy and will weed out the plans that won't accept you because of any health condition or will not cover you to your expectations. The plans and premiums are no different using an agent.