Thanks to a new law, someone who couldn’t buy health insurance before can buy it now. Guaranteed. And this new law applies to virtually anyone who’s stuck.
Think of someone with a pre-existing condition who cannot get an individual policy or coverage under group health insurance.
Think of someone whose COBRA coverage has run out.
How about someone who doesn’t qualify for Social Security? Or someone 65 or older who doesn’t qualify for Medicare? Even a disabled person under age 65 who can’t get Medicare because he or she hasn’t been disabled long enough.
And really, a person’s age doesn’t matter at all. Or a person’s work history: even a person who’s starting a new business and who can’t get insurance because of a pre-existing health problem and doesn’t have enough employees yet to get a group policy.
What matters is they can’t get health insurance coverage.
Here’s the antidote: the “Pre-Existing Condition Insurance Program” (“PCIP” for short). Read more