The Obama administration, expanding a program created by the new healthcare law, reduces premiums on preexisting condition insurance plans and loosens restrictions on who can sign up for them. By Noam N. Levey, Washington BureauJune 1, 2011 WASHINGTON — The Obama administration, expanding a program created by the new healthcare law, moved Tuesday to make health insurance more affordable and accessible for Americans who have been denied coverage because they are sick. Across the country, the federal government is reducing premiums on special coverage available to uninsured people with preexisting conditions such as cancer or diabetes. And the administration is loosening restrictions on who can
Pros & Cons of California’s Pre-existing Condition Insurance Plan (PCIP)
What is a Pre-Existing Condition Insurance Plan (PCIP)? The Pre-existing Condition Insurance Plan is a federal program that offers health coverage to medically-uninsurable individuals who live in California. This federally-funded health coverage program is the result of federal health care reform and is meant to help individuals who are unable to obtain traditional, individual health insurance due to a pre-existing condition. To qualify for the PCIP, a person must: Be a California resident Have no health insurance coverage for the past 6 months prior to application date Be a U.S. Citizen, U.S. National, or lawfully present individual Provide a social security number Have been denied