Tuesday, November 27, 2012

HHS Releases Proposed Healthcare Reform Regulations


Beginning January 1, 2014 it will be illegal for health insurance companies to discriminate against people who have pre-existing conditions.  Insurance companies will be able to vary health insurance premiums based on family size, tobacco use, geography, and by age.  The age variance is based on the 64 year old people paying only three times more than a 21 year old person.  Health insurance companies can no longer use claim history, gender, health status or occupation to increase premiums.

The full proposed rule can be viewed using the following link:
http://www.gpo.gov/fdsys/pkg/FR-2012-11-26/pdf/2012-28428.pdf

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