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Released: June 01, 2011
Pre-existing condition plan can cut premiums
Source: Kelly Kennedy, USA Today
The federal government, which is hoping to boost low participation in its insurance program that covers people with pre-existing conditions, released new rules and incentives Tuesday that make it easier for people to join, such as cutting premiums in some states by up to 40%. "That means real savings for people across the country," Health and Human Services Secretary Kathleen Sebelius said during a news conference. For example, in Florida, the average monthly payment for a person older than 55 is $390. After July 1, it will drop to $234 a month.Read Full Article: Pre-existing condition plan can cut premiums
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