The healthcare scenario is going to change significantly because of the reform bill passed by the Obama administration. Health insurance will become compulsory for the majority of the population and failure to get it could lead to a penalty. Though many of the changes are still far away, you should start thinking about how you will adjust to the new system. [Read more…]
Health Care Reform Impact on Employees
Many positive changes have been introduced in the health care reform, which is seen as a major victory for the Obama administration. It will ensure that more people can take advantage of health insurance, but it would also mean higher contribution from employers. [Read more…]
How the Healthcare Reform Impacts You
More than 30 million Americans are likely to benefit from the new health care coverage bill signed into law recently. The bill was cleared with a 219-212 vote by the senate a few days back after an extended period of discussions and debate.
Coming on the heels of other health care reforms, the $940 billion plan brings new hope to many Americans who have not been able to claim any aid from the government for their health care expenses. The Patient Protection and Affordable Care Act will modify the insurance coverage for children and senior citizens too. One significant change here is that young people will still be covered by parental insurance policies up to the age of 26. This eliminates the pressure on them if they are unable to find jobs before this but require expensive medical treatment. [Read more…]
Substantial Increase in Health Care Expenses for Employers
A new health care regime is being ushered in the U.S. that is likely to cost a great deal to companies. It has been reported that the increase in the health care expenditure will not be offset by the small tax relief and would significantly change the costs for the companies. [Read more…]
Stock Market Not Worried About Healthcare Reform
Ever since the discussions on the Healthcare bill started, critics have always argued that it is anti capitalism and against industry. However if the immediate reaction of the stock market is anything to go by, it does not seem that investors in pharmaceutical or insurance companies, or for that matter any other sector of the market, are too worried about the bill. [Read more…]
