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HHS TO REDUCE PREMIUMS FOR PCIP June 1, 2011

Posted by solutionsinsuranceservices in Health Insurance, Individual Insurance.
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The U.S. Department of Health and Human Services (HHS) announced new steps to reduce premiums and make it easier for Americans to enroll in the Pre-Existing Condition Insurance Plan. Premiums for the Federally-administered Pre-Existing Condition Insurance Plan (PCIP) will drop as much as 40 percent in 18 States, and eligibility standards will be eased in 23 States and the District of Columbia to ensure more Americans with pre-existing conditions have access to affordable health insurance. The Pre-Existing Condition Insurance Plan was created under the Affordable Care Act and serves as a bridge to 2014 when insurers will no longer be allowed to deny coverage to people with any pre-existing condition, like cancer, diabetes, and asthma.

If you would like further information, you can review the full article here: http://www.hhs.gov/news/press/2011pres/05/20110531b.html or you can contact us at info@solutionsinsuranceservices.com.

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