Health Insurance Reform In Connecticut

Had the Connecticut Health Insurance Reform not been adopted then by the year 2019 the number of uninsured Americans would have grown by at least 10 percent across the board. Uncompensated health care would be up to a whopping 90 percent and businesses in more than 54 percent of states would see their premiums go up by at least 50 percent. This would leave more families and business either uninsured or fighting the extreme health cost. Government would be bearing much of this burden.

Under the Healthcare Reform in Connecticut:

• 364,000 uninsured residents and 154,000 with non group health insurance, will now be able to afford medical insurance
  
  
• 242,000 will qualify for tax cuts, which frees up more of their money to buy health insurance
  
  
• 547,000 seniors mow can get preventive medical care
  
  
• 97,100 seniors would have their gap coverage for brand name drugs in Medicare part D policies cut in half
  
  
• 37,600 small businesses will qualify for tax credits to make premiums more affordable

The proposed benefits of the Connecticut Health Insurance Reform will pay off for many groups.

Benefits of the Healthcare Reform in Connecticut for Families:

There will be no lifetime limits placed on policies. Annual limits will be restricted. Health companies cannot arbitrarily drop coverage. High risk people can now get insurance. People will now get free preventive care to encourage wellness. It will also support early retirement for workers.

Benefits of the Healthcare Reform in Connecticut for Seniors:

Lowers premiums will be obtained by lowering overpayments. It also lowers the cost of prescription drug spending by cutting the doughnut gap in Medicare part d plans in half. It would also cover preventive care and health screenings as well as wellness visits.

Benefits of the Healthcare Reform in Connecticut for Small Businesses:

Tax credits could be made available to make premiums for group plans more affordable, small businesses would be exempt from employer responsibility provisions.

Benefits of the Healthcare Reform in Connecticut for the State:

State budgets would be relieved from the rising cost of health care by reducing uncompensated care as more uninsured individuals begin to receive insurance.

All of the cost of uncompensated medical care gets passed on to families in the form of taxes and is added to that all of the money spent on co pays, premiums and deductibles. With the Connecticut Health Insurance Reform, 242,000 families could be eligible for premium credits and the money savings continue.

This will give people of variety of choices when it comes to health care especially in times of need such as loss of job, change a job, getting sick or moving. It will provide more long term and community based health care for people over the age of 65.

Better health care is going to be the goal, through improved care coordination and having more primary care physicians' available. Incentive bonuses will also be offered to primary care doctors. Less paperwork to do will enable more doctor-patient time and better all around health care. Connecticut and other states await the improvement in health insurance.