The NY Times (http://www.nytimes.com/2010/10/06/business/economy/06leonhardt.html?_r=1&ref=business) has a good overview of mini-med plans and how they do not fit in the future of health insurance once the Affordable Care Act kicks. Last week it was major news that McDonald's was ready to drop such coverage for their employees. The benefit limits for these plans was either $2,000 or $10,000/yr. The article noted this really was not coverage since a major procedure would easily pass either amount.
Mini med plans really are not a good alternative to standard HC insurance. However as the article notes, standard HC coverage is too expensive for most people to afford. In 2014 both the mandate for HC coverage and subsidies to help pay for the premiums kick in. Until then, people will have to muddle through with either no coverage or mini med coverage which is really not a good scenario.
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