More logical consequences that most people anticipated but the politicians lied about and said wouldn't happen.
New coverage for young adults will raise premiums
http://news.yahoo.com/s/ap/20100511...vajZzaTFyBHBvcwMxNQRzZWMDdG9wBHNsawNwcmludA--
By RICARDO ALONSO-ZALDIVAR, Associated Press Writer
26 mins ago
WASHINGTON – Letting young adults stay on their parents' health insurance until they turn 26 will nudge premiums nearly 1 percent higher for employer plans, the government said in an estimate released Monday.
The coverage requirement, effective starting later this year, is one of the most anticipated early benefits of President Barack Obama's new health care law. Many insurers have already started offering extended coverage to families who purchase their coverage directly. And employers say parents have flooded their benefits departments with questions. . .
The new benefit will cost $3,380 for each dependent . . .
Parents would face an estimated additional premium of $2,360 in 2011.
Enrollment as well as cost would increase modestly after 2011 for both employer and individual plans. Starting in 2014, the major changes of the new health care law go into effect. New competitive insurance markets would open for business, government tax credits would be available to help pay premiums, and insurers would no longer be allowed to deny coverage to those in poor health. Most Americans would be then required to carry health insurance.
http://news.yahoo.com/s/ap/20100511...vajZzaTFyBHBvcwMxNQRzZWMDdG9wBHNsawNwcmludA--
By RICARDO ALONSO-ZALDIVAR, Associated Press Writer
26 mins ago
WASHINGTON – Letting young adults stay on their parents' health insurance until they turn 26 will nudge premiums nearly 1 percent higher for employer plans, the government said in an estimate released Monday.
The coverage requirement, effective starting later this year, is one of the most anticipated early benefits of President Barack Obama's new health care law. Many insurers have already started offering extended coverage to families who purchase their coverage directly. And employers say parents have flooded their benefits departments with questions. . .
The new benefit will cost $3,380 for each dependent . . .
Parents would face an estimated additional premium of $2,360 in 2011.
Enrollment as well as cost would increase modestly after 2011 for both employer and individual plans. Starting in 2014, the major changes of the new health care law go into effect. New competitive insurance markets would open for business, government tax credits would be available to help pay premiums, and insurers would no longer be allowed to deny coverage to those in poor health. Most Americans would be then required to carry health insurance.