- It will outlaw private coverage.
MythIt will ban private health insurance for individuals. Those who currently have private individual coverage won't be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers.
FactIt doesn't outlaw private insurance. "There will be individual policies available, but people will buy rolex replica those policies through the national health insurance exchange," she said.
The House bill allows for existing policies to be grandfathered in, so that people who currently have individual health insurance policies will not lose coverage. The line the editorial refers to is a clause that says the health insurance companies cannot enroll new people into the old plans.
Individual private health insurance means coverage that someone buys on his or her own from a private company. In other words, it's for people who can't get coverage through work or some other group, and the rates tend to be much higher.
Background: Page 16 defines what coverage will be considered �grandfathered coverage�; that is, coverage in existence today which would not be in compliance with new standards imposed by the law.
What it says: Any individual insurance policy (as opposed to a group insurance policy) that is in effect today will be permitted to remain in effect; however, any new policies issued after the law becomes effective replique rolex will be required to comply with the standards set out in the section relating to policies offered via the new Health Insurance Exchange.
What it does: The purpose of the provision is to bring policy offerings into line with the minimum benefit tiers and provisions required under the new law.Ref.
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