|
The health insurance industry has undergone more changes in the last five years than it has seen in the last five decades. The primary reason for these changes is to help every American get the affordable health insurance Arizona that they need in order to ensure they are able to properly care for themselves and their families. The secondary reason for these changes is to ensure that the health insurance industry is responsible to its customers in the same way as any other industry by inspiring a sense of competition amount health insurance companies. The majority of these changes were the result of The Patient Protection and Affordable Care Act, also known as Obamacare, which was passed on March 23rd of 2010. Today, I would like to take the time to help you understand some of these changes, and how they can help you in your quest to find affordable health insurance Arizona. Change 1: Consumers are now able to purchase their health insurance Arizona from any health insurance company no matter where they are located. It used to be that consumers were only able to purchase their health insurance policy from a company that was located in their home state. In fact, selling insurance policies to out of state customers was actually a criminal offense. As a result, health insurance companies were not forced to face a large amount of competition, and could therefore charge just about any rate that they desired. Thanks to the recent changes to health care laws, this is no longer the case. Now consumers are able to purchase their health insurance policy from any company that they wish, even if that company is located on the other side of the country. As a result, health insurance companies have been forced to make themselves more competitive. In most cases, this means that health insurance companies have been forced to lower their rates. Change 2: Health insurance companies are now required to offer coverage to all applicants, even if the applicant has a pre existing condition. It used to be virtually impossible for a person with a pre existing medical condition to find affordable health insurance Arizona. This was because health insurance companies are very hesitant to offer coverage to individuals who are more likely to use that coverage for expensive medical care. The presence of a pre existing condition virtually guarantees that a patient will in fact rely upon their health insurance policy to cover high cost procedures such as surgery or chemotherapy. Thanks to the changes that the Patient Protection and Affordable Care Act provided, health insurance companies are no longer able to legally deny a person coverage simply because they have a pre existing condition. More importantly, these companies are now being mandated to charge the same rates to people with pre existing conditions as they charge to people who do not have these conditions. This measure is meant to ensure that everyone has access to affordable health care, and that the number of people without health care is minimized. Change 3: Employers who offer employer sponsored health care programs are now rewarded with tax subsidies and other reward programs. The single most influential cause of the recent decline in adults with health insurance has been the fact that many employers were no longer able to offer employer sponsored health care programs due to the recent decline in the economy. This is why the government is now offering tax incentives to employers who are willing to offer these types of programs to their employees. This is because not only do employer sponsored health insurance programs help to keep the monthly cost of insurance to a minimum for the working class, but it also helps to ensure that there are less Americans who are currently without health insurance coverage for themselves and their families.
Related Articles -
health, insurance, arizona,
| 
