Tuesday, June 27, 2017

New Health Insurance Marketplace Coverage Options Possible with Proposed Bill

Uncertainties in the health insurance marketplace loom as the Trump administration reveals plans that could affect the Affordable Care Act (ACA). In line with this, some members of the Senate are hoping to establish stability by introducing the Individual Health Insurance Marketplace Improvement Act. Senators Tom Carper and Tim Kaine rolled out the bill in a bid to remove the uncertainties and stabilize the individual healthcare marketplace, as well as make premiums more affordable.

Calling for unity to improve, Carper and Kaine believe that the bill would make healthcare more affordable, accessible and stable for consumers while encouraging insurers to up their game.

Affordability

Cost is one of the major hurdles in encouraging all Americans to get insurance. Low income families, in particular, would opt-out of it since they don’t have the money to pay for premiums. Even though they will save a lot by having insurance, they don’t usually have the capacity to shoulder its cost. Read more from this blog. http://bit.ly/2upQuh8

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