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How the Stimulus Will Affect Health Insurance Carriers

Experts say that roughly $150 billion of the newly signed stimulus package will go directly to the health care sector in the form of medical research and assisting the poor. Both Medicaid and the State Children’s Health Insurance Carriers Program stand to receive a substantial boost from the stimulus package, which comes at a time when both programs are pushed to their limits by skyrocketing unemployment rates and ever increasing need. Another large portion of the package will assist those who are unemployed in being able to get their own coverage through COBRA by subsidizing it and making that program more affordable. The rest will go to medical research funding and improving health care related information technology. Will the stimulus package be able to live up to expectations, or will it fall short of solving the large number of problems inherent in the nation’s health care system?

This entry was posted on Wednesday, February 18th, 2009 at 12:28 pm and is filed under Health Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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