Monday, March 22, 2010

Health Care Reform: For or Against, it's here


It remains to be seen if health care reform is going to save you and your family money in the long run. Whether you're in favor of the changes or in opposition, your best course of action is to get up to speed on the changes, and fast. In some cases, families can see a reduction in costs.

Some of the most touted changes are that health insurance companies can't decline coverage for a family if there is a child who has a pre-existing condition. That's certainly favorable, and I imagine there are many parents with sick children applauding that change. Also, parents can keep children on their health insurance policy until the children are 26. That may help some adult kids, as more are living with their parents after college instead of branching out on their own.

If you want to read all about the changes, check out this article from The New York Times, which compares the House and Senate bills:

http://www.nytimes.com/interactive/2010/03/19/us/politics/20100319-health-care-reconciliation.html

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