The President Signed Health Care Legislation Today
The President signed the Health Care Legislation into law today. Here is a summary of the changes the initial version of the law will enact:
- Mandate everyone must get insurance
- Result in about 30 million additional people becoming insured
- Subsidize coverage for people who can’t afford insurance; increase the number of people eligible
for Medicaid - Raise money to pay for these things through new fees, taxes and cuts to Medicare Advantage
- Change the payment formula for Medicare Advantage
- Make many changes in the way insurance companies operate, from saying they have to sell insurance to everyone, regardless of pre-existing conditions and health status, to selling insurance to individuals and small businesses through an exchange
The reconciliation bill, if it passes the Senate, would adjust many of those provisions and dates of enactment, although the broad strokes of the bill would remain the same.
The people we work with are saving an average of $2,208/year on their health insurance premiums without sacrificing benefits. You owe it to yourself to find out how a HSA can benefit you. Contact us today at 602-510-7507 or info@iqhsa.com. To receive quotes for individual/family health insurance in Arizona click here.
IQ Financial Group, llc. is a licensed insurance agency in the state of Arizona. We offer a complete selection of health insurance, term life insurance, disability insurance, long term care insurance and supplement plans to individuals, families, self-employed and small businesses throughout Arizona. We offer the best in Arizona Health Insurance.
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