New Health Care Initiatives in Action

A few of Obama’s Heath Care Reform laws took effect at the start of the year. These new laws will help over three million citizens with prescription bills and will improve patient care by requiring that health insurance co. cover at least 80% of premiums. Other laws introduced this year are:

-Seniors who enter the ‘doghnut hole’, a coverage gap where patients must pay for prescription bills between $2,700 and $6,100 will receive a 50% price cut on brand prescriptions.
-If a Health insurance co. does not spend 80% of premiums augmenting care quality, by 2012, it must pay refund its patients.
-A 10% rise in Medicare compensation will be given to primary care doctors and general surgeons.
-Free preventive care including yearly checkups will be available to seniors
-Hopsitalized Medicare recipients will no longer suffer unnecessary readmissions with the  assistance of the Community Care Transitions Program.
-Medicare and Medicaid will research ways to serve it’s patients better, cut prices, and improve quality.

This gives us some hope for the Health Care issue if you’re an employer who purchases NY Health Insurance or NJ Health Insurance and in the Manhattan, Queens, Brooklyn, Bronx, Staten Island, Westchester, Hudson, or Union County areas.