Friday, January 21, 2011

How Will Obama's Health Reform Effect LongTerm Care Insurance

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How Will Obama's Health Reform Effect LongTerm Care Insurance


by Andrea Garrett


The topic that has been on everyone's minds is how will Obama's Health reform effect long-term care insurance policy? We all know that there is a change that's going to be happening. But will this change help or hurt our country? Some folks are accidentally content about the reform while others are hoping for the best but pondering the worst.

Many are wondering if this medicare reform is a bad thing vs being a good. We all have come to the awareness that everything is going to be different. However, is this difference going to be a good or a bad thing for us to all have to face?

One gigantic way that Obama's health care reform is likely to have an effect on everyone's lives is that everybody will be able to be covered. It doesn't matter what your stature or what's happened in your life you will be able to have the health care that you stand wanting.

For some 46 million US people who do not have health care they're applauding the reform. It pretty much states that despite your economic stature you will be covered with the necessary hospital insurance that you need.

Tax payers are going to feel a major hit to their finances. We will all be needed to repay 1 to 2 trillion bucks over a 10 year time frame in order to rectify the cost of the reform. Even if you do not utilise this Fed. insurance you may be responsible for paying taxes on it as well .

Irrespective of where you grow unwell at you'll be able to receive medical aid that you need. So if you feel sick in Texas and you are from Arizona you will still be able to go to a Texas doctors office and be seen. Your records will be available at the push of a button.

Doctors are going to be given the legal right to oppose to give you any medical assistance. For example, if a cancer patient requires services for medication, the doctor will have to compare the costs of the meds and they will have the right to turn the patient away if the medication is deemed too costly.

Plenty of aged patients are going to get turned down for services. Elderly patients are only going to be allowed to see their doctor once per month if on this insurance. Medicare has paid a lot for reoccurring medical patients and this new insurance is not going to tolerate it.

If you don't have the medicare insurance you'll be fined and put through jail time. By law everyone will have to have this insurance regardless of your commercial stature.

This reform was meant to be a great thing for the Yank folk in total, however as time passes on many think that it is simply just one major screw-up. The decision doesn't lie in our hands anymore, thus we will all just hope that everything is going to pan out for the best.




About the Author:

For more information on how Long Term Care Insurance can help prepare us as we age. Also you can get a long term care insurance quote. We represent 20 of the top LTCi providers. This gives you tremendous options.

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