Monday, September 30, 2013

New health-law implementation will vary by state. Did you know that?

Because I didn't!

The Wall Street Journal just recently posted a new article here.


"Health-Law Implementation to Vary by State"

As 'Obamacare' Kicks In, Americans' Experiences Are Set to Diverge Depending on Where They Live

To really put things into perspective, Schatz and Radnofsky, used the state of Georgia as an example:

In Atlanta, before Georgia's new federally run health exchange kicks off, the cheapest plan available now has a monthly base rate of $43 for a healthy 30-year-old male nonsmoker, reflecting the state's light regulation. The median plan starts at $108 a month, according to a federal database of plans. Next year, that same customer will likely have to pay at least $188 a month, although some lower-income people could get subsidies toward premium costs.

Under the new system, insurers must accept all comers and can't charge sick people more. Currently, insurers in some states are allowed to offer healthy people skimpy plans with low rates, but those will go away when new federal requirements kick in this fall.
"I was always skeptical of Obamacare," Georgia Insurance Commissioner Ralph Hudgens, a Republican, said in a statement. "But I never imagined that it would lead to rates being doubled or tripled. Increases of this magnitude will make coverage less affordable and increase the number of uninsured in Georgia." Nationwide, people who forgo coverage next year face a fine of at least $95.
The article also goes on to state that states will either run their on exchanges or let the federal government handle that task, whether they were for or againish Mr. Obama and his new healthcare reform. Does the fact that implementations will vary state by state change any concepts at all? Could this be more of a good thing or a bad thing? No matter what, what affects each state differently will come together and affect the country as a whole. 



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