On February 22nd President Obama proposed a new health-care plan that would remove the lifetime caps on coverage so that people facing a chronic illness would be able to ensure their medical bills were covered.
To a reasonably healthy family a cap of $500,000 or $1 Million dollars seems like an amount that they will never reach in their lifetime. As someone that is familiar with the bleeding disorder community you realize how small that number really is.
Chief Policy Officer for the Ohio Department of Insurance Doug Anderson states that there are no safety nets in the private market for people who reach lifetime caps. He also touches on the hardships many middle class families who have someone with a serious health issue face. It can truly be catastrophic.
Do you know what profits the insurance companies made last year?
The 5 largest made profits of $12.2 billion, which is 56% more than in 2008. In order to make $12.2 billion dollars the insurers covered 2.7 million few people than the year before.
Take Action NOW! Visit the National Hemophilia Foundation to join the fight to help eliminate lifetime caps.
TO learn more about the debate on healthcare reform visit Insurancenews.net.
For any additional questions please call NewLife Home Care at 877-707-LIFE or visit our website.
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