Sunday, July 18, 2010

Google Reader (79)

Google Reader (79): "People denied coverage because they suffer an existing condition will also see important changes. The Oregon Health Authority has announced a new insurance program for uninsured Oregonians with existing medical conditions.

This program isn't a freebie. Those seeking coverage will pay premiums ranging from $221 to $714 a month, but these premiums would be higher if not for a federal subsidy provided by the legislation approved by Congress earlier this year. Those who qualify will see their out-of-pocket expenses limited to about $6,000 a year. Once again, this will be a steep price for many, but it is certainly better than being denied coverage at any price because of an already existing medical condition."

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