Early this year, US congress passed a healthcare bill which made purchase of healthcare insurance mandatory.  Government agreed to subsidize those who do not have sufficient income.  The bill, now a law also requires people to pay fines if they fail to buy health insurance. Subsequent to the passage of the bill, many corporations reported [...]

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Mark Bertolini, President of Aetna, said “The headline for everyone is that costs will be more. Cost will definitely go up.”  However, he declined to comment on the amount of rise.  According to CNN, in 2011 employers will have coverage for dependents of employees who don’t have access to other employer-based health care coverage till [...]

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The new healthcare law will make following impact on employees and employers.  Though many of the changes are phased in, the companies will have to start tweaking their system soon – may be by 2010 enrollment period. So here’s what you can to expect in 2011. Dependent coverage to age 26: This is one of [...]

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I was talking to a friend this afternoon.  He comes from Insurance Industry.  He said that he supported the aspect of the bill that provides coverage to all, no-preexisting condition, etc.  So what does he not like? He says that this is not a healthcare reform bill.  It is a health insurance bill.  Insurance industry [...]

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Yesterday, the healthcare bill which was approved by Senate during X-mas break and yours truly had written about it here quite alot, was passed by US House of Representative.  Tomorrow with President’s signature, the bill would become law. Subsequent to this, a reconciliation bill will be taken up by the house to make amends to [...]

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