Health Insurance for the Smokers
Worldwide, the population statistic in 2009 stood at 6.8 billion, and there is an equivalent to 20% of the world’ population who smokes. Many smokers deem to exclude their chances of obtaining standard health insurance to the minimum. This is quite true as the insurance companies consider them to be at higher risk with the [...]
Worldwide, the population statistic in 2009 stood at 6.8 billion, and there is an equivalent to 20% of the world’ population who smokes. Many smokers deem to exclude their chances of obtaining standard health insurance to the minimum. This is quite true as the insurance companies consider them to be at higher risk with the statistics shown that smokers usually die at an average of 13 to 14 years earlier than non-smokers. Thus, the health care costs for smokers spiraled up to more than the smokers could afford.
Undeniably, health insurance providers charge higher premiums to smokers. In other words, price-conscious smokers may not obtain affordable health coverage as easy as the health insurance providers adjust the costs of premiums accordingly. H Read more…
Press Release – Health Insurance Costs Rise Sharply For Unemployed As COBRA Subsidy Ends
Jennifer Richards of Park Ridge, Ill., is angry that her family’s monthly health insurance bill tripled in August to $1,250 after her husband lost his job and health benefits. But as bad as that is, what really upsets her is the inaction of Congress. Deficit-conscious lawmakers have not renewed a subsidy that helped many jobless [...]
Jennifer Richards of Park Ridge, Ill., is angry that her family’s monthly health insurance bill tripled in August to $1,250 after her husband lost his job and health benefits. But as bad as that is, what really upsets her is the inaction of Congress.
Deficit-conscious lawmakers have not renewed a subsidy that helped many jobless Americans afford health benefits. A longstanding federal law called COBRA requires employers to continue insurance for former employees, typically for 18 more months, if they pay the entire premium plus a two percent administrative fee. Last year, Congress approved a 65% COBRA premium subsidy, but it ended May 31.
People who started on COBRA before May 31 can still get the aid. B
