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Monday, 16 December 2013 14:24
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Healthcare Law Driving Up Out of Pocket Costs?

Are requirements of the nation's new healthcare law driving up out-of-pocket costs for people buying their own insurance?

In some cases, yes. But the law also eliminated some of the largest deductibles, or the amount a consumer pays for actual medical care before an insurance company begins paying.

The Affordable Care Act's cap on out-of-pocket costs — $6,350 for an individual and $12,700 for a family — did away with some whopping deductibles in plans previously offered to people without employer-provided coverage. Deductibles as high as $10,000 for an individual and $30,000 for a family were features of policies sold on the individual market in Illinois 11 months ago, according to a report from the U.S. Government Accountability Office. 

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Judah

The Regency organization has become synonymous with the best in senior healthcare and has garnered a well deserved reputation for its unsurpassed commitment to its patients and residents.

The Regency Nursing and Rehabilitation Centers and Facilities throughout New Jersey have achieved numerous industry ‘gold standard’ benchmarks and have received accolades from all corners of the HealthCare community.

Welcome to our website at www.RegencyNursing.com!

Warm Regards,

Judah

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