HEALTH CARE: Federal Govt Launches Special Coverage Program for Uninsured
June 29, 2010
Washington – The US government has launched a special coverage program for uninsured persons with medical problems as it will begin accepting applications on Thursday, July 1, in many states across the country.
The Pre-Existing Condition Insurance Plan is part of President Barack Obama’s health care overhaul program. The coverage will be available as early as August which has been allocated with $5 billion.
A government spokesman said premiums may vary by state. In California, for instance, a 50-year old may receive $575 a month, with a $1,500 annual deductible and 15 percent co-insurance. In states with lower medical cost, the premium could be $400 a month.
Premiums will vary by state. In California, for example, the cost for a 50-year-old is estimated at $575 a month, with a $1,500 annual deductible and 15 percent co-insurance. Premiums in states with lower medical costs could be about $400 a month.
Consumers can check availability in their states on a new website, www.healthcare.gov, starting Thursday.
The government expects to be enrolling people by the end of summer.
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