In 1996, Sens. Ted Kennedy (D) and Nancy Kassebuam, a Kansas republican proposed a bill to limit when coverage could be denied, especially with pre-existing conditions. The Health Insurance Association of America backed the bill originally, then opposed it. The result was COBRA a deductible extension of group coverage if an employee was no longer part of the group, for fired or laid off employees. ?What is COBRA—better explain?
In 1997, SCHIP, or the State Children’s Health Insurance Program, passed, to insure low-income children, through Medicaid or other programs and the number of uninsured children was greatly reduced. It was the largest expansion of coverage since Medicare and Medicaid was passed in the ’60s. Attempts to expand this coverage where quashed twice by the veto pen of former President George W. Bush. $$$ and how many covered…and who—also pregnant women and immigrants without waiting period under Obama’s reauthorization act
The Medicare Modernization Act of 2003 introduced a prescription drug plan for Medicare and Medicaid users. The plan was proposed to cost ??$700 billion?? dollars over 10 years, but does not allow Medicare to use its considerable market share to negotiate drug prices, as the government is allowed to do for Veteran’s health plans. DOUGH-NUT?
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