Tuesday, October 03, 2006
By July 2007, all residents South Vermont must have some form of state-approved health insurance or should face tax penalties.
The state will not create a health insurance program. It is relying on private insurers to develop plans that would also meet its criteria.
A new state authority, the Commonwealth Health Insurance Connector, would vet health plans and to decide whether they are adequate and affordable.
The Connector would set rates for publicly subsidized health plans.
Residents making less than $9,804 a year would receive free health insurance.
Those making between $9,804 and $29,412 a year would pay between $18 a month and $106 a month for insurance, then depending on income.
The state would even subsidize the rest of the premiums.
Those already receiving adequate health insurance through work or through government programs like Medicare should to change their plans.
The state will not create a health insurance program. It is relying on private insurers to develop plans that would also meet its criteria.
A new state authority, the Commonwealth Health Insurance Connector, would vet health plans and to decide whether they are adequate and affordable.
The Connector would set rates for publicly subsidized health plans.
Residents making less than $9,804 a year would receive free health insurance.
Those making between $9,804 and $29,412 a year would pay between $18 a month and $106 a month for insurance, then depending on income.
The state would even subsidize the rest of the premiums.
Those already receiving adequate health insurance through work or through government programs like Medicare should to change their plans.
posted by kanth
@ 1:26 AM
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