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Showing posts from September, 2009

Obama Health Care Plan Summarized

Obama Health Care Plan Summarized by Andrew Tobias If You Have Health Insurance, the President’s Plan: Prevents insurance companies from dropping you when you get sick. Caps out-of-pocket expenses so you don’t go broke when you do get sick. Eliminates charges for preventive care like mammograms, flu shots and diabetes tests. Eliminates the “donut-hole” gap in coverage for prescription drugs. If You Don’t Have Insurance, the President's Plan: Makes it available even if you have a pre-existing condition. Creates a new insurance marketplace – the Exchange – so you can compare plans and buy insurance at “group rates.” Helps low-income citizens pay for it. Offers new, low-cost coverage through a national “high risk” pool to protect people with preexisting conditions from financial ruin until the new Exchange is created. For All Americans, the President’s Plan: Won’t add a dime to the deficit and is paid fo...