The present healthcare coverage system in Georgia has too many gaps. These drawbacks allow insurance companies to discriminate or even deny health plans on the basis of pre-existing health conditions, allows a carrier to charge exorbitantly high premiums and to deny claims for healthcare services already received.
All that is however set to change with the Affordable Care Act getting implemented in Georgia. Here is an overview at how purchasing health plans will change after the reforms are enacted.
- Private health companies could earlier deny applications on the basis of medical status. The health reforms will ensure that Georgians do not face this discrimination anymore. Children with questionable health history will not be denied coverage and adults can access affordable health plans through a high risk pool program that has a federal funding of $177 million dollars.
- Families in Georgia have seen their premiums on health plans increase 6.4 times faster than their median earnings. They also had to pay a hidden health tax. The Affordable Care Act will provide sliding subsidies to Georgians with moderate incomes. The hidden health tax will also get reduced when the number of Georgians having access to health plans increases.
- 1,170,000 resident s in Georgia will access health plans by 2019. The way to obtain health coverage would vary- coverage at work, purchasing health policy at Exchange or access to the government backed Medicaid.
- 123,000 small firms in Georgia will be able to offer health plans to their workers. They will have access to cheaper group coverage option when they purchase plans from Exchange and when federal tax credits are offered to them.
- A temporary funding of $5 billion will be available to the 145,000 early retirees in Georgia so that they avail affordable medical policies through their former employers.
- 5 million Georgians do not have to worry about the coverage running out anymore as insurance companies are barred from placing lifetime limits.
- Preventive care for owners of Medicare health plans in Georgia will get more affordable. Co-pays, deductibles and co-insurance on preventive services will be eliminated
- Insurance companies will not be able to charge more the residents of Georgia on the basis of gender or health status. This will put an end to premium discrimination against those who are sicker or are women
- Insurance companies will not be able to revoke polices when a resident falls sick. Rescission is allowed only when there is a serious case of fraud or deliberate misrepresentation.
The health reforms will also ensure that a larger amount of the money given to insurance companies is spent on actually providing care to the residents of Georgia than on profits, administration and marketing of the company.
Few facts about health insurance Georgia
Health insurance Georgia is designed keeping in minds the needs and demands of people whether business professional, salaried, retired or child. Health insurance plans are also designed to provide coverage to small business owners and small group. In many low income health insurance Georgia it provides health coverage to pre-existing conditions and disabilities at low premiums.
An individual insurance coverage benefits you with the help of Health Plan One. But as there are different carriers available in Georgia so it is highly advisable to compare and contrast the benefits and features of insurance plans.
You can find low income health insurance Georgia that are designed to provide maximum coverage to an individual or small group or family and choose the best option. Many typical health insurance do not offer benefits and levy exorbitant cost. So, it is very important that you should find an low income health insurance Georgia that is medically underwritten depending on their health history in recent months.
Whatsoever, always remember that with the COBRA program through the federal government an applicant can extend the plan for up to 18 months if s/he loses your job.
Government is also striving hard to implement health care services and policies that will make health plans more affordable in Georgia.
In most cases, it is observed that many insurance companies revoke polices when an applicant falls sick. So, new formed policies will ensure that certain chronic diseases would come under the coverage at an affordable premium.
However, if you are self-employed then also there are health insurance plans in Georgia and you could easily qualify for a small group plan. In this particular case, an applicant must have 2 or more eligible employees who work at least 25-30 hours per week.
There is no limited time duration to apply. But while applying for small group health insurance Georgia always en-sure that you should be able to provide tax forms and other business documentation as requested.
For small group plans, all carriers in the Georgia region follow medical underwriting procedure that defines that no one in the group can be denied coverage. According to your requirements, there are many programs available to you.
