Young and Healthy People Need to Enroll- for the Health Care Law to Succeed

The Affordable Heath Act’s success lies with the enrolment of more young and healthy people to balance the insurance spending.

On 1^st of October the Affordable Care Act’s health exchanges will be online. Millions of citizens will then log on and be able to choose their cover according to costs and coverage options.

17 states and the District of Columbia will operate their own exchanges, 7 states will operate in partnership with the federal government, and the remaining 26 states will be run by the government. All the states – including the federal government including the President are aware that there will be many hurdles in the transition of health care norms.

Health Insurance For Pre-Existing Conditions
Many people worry about getting health insurance plans for pre-existing conditions and they believe that if they are suffering from a medical condition, they will simply be denied insurance coverage.

There will be a host of technical challenges involving the IRS information, the subsidy level and employment data.

Foreseeing bugs in the software, the Department of Health and Human Services have reduced the 21 page form to a 3 page form. Enrollment is a major uncertainty that could undermine the best laid plans.

Insurance companies are worried that young people, especially men, who are healthy, may not see the necessity of buying insurance and may just pay the penalty instead. This would lead to costlier premiums and fewer people would be willing to enroll.

Quiz on Health Insurance
This Quiz is to test your knowledge on health insurance in the U.S, there is so much activity with the new law and building of Health Exchanges – all peaking for a January 2014 deadline.

Fortunately the young people believe in President Obama, proved by the voting and also the President shares a special bond with the younger generation and he should be able to convince them to get health insurance.

Also the society should be made aware that buying insurance is a part of every individual’s responsibility, rather than end up in the emergency room – where the society pays for your treatment.

Health Insurance
This slideshow explains the concepts about healthcare insurance industry in India.

Massachusetts practices could be adopted where many campaigns encouraged enrolments by young people. The state emphasized and promoted enrolments of young people. The state hosted a “Health Connector Day” at Fenway Park – during Red Sox Games along with attractive subsidies for and affordable policies for the age group of 19 -26 year olds.

References:

Health Insurance for Senior Citizens � Comparison Chart of Policies - Comparison of Health Insurance Products
The health insurance market for senior citizens has grown in recent times. Cover hospital expenses of your parents with best policies for senior citizens.

Hannah Punitha (IRDA Licence Number: 2710062)

Ezekiel J Emanuel,May 2013

Source-Medindia