Wednesday, October 30, 2019

SEE ATTACHMENT Essay Example | Topics and Well Written Essays - 250 words

SEE ATTACHMENT - Essay Example The new healthcare policy opens up shared responsibility between the state and the individual, and thus, those who prefers not to avail insurance offered by the state, may exercise essential responsibility to avail healthcare pre-need policy from the open market of insurance companies (Healthcare.gov, 2012). I am willing to pay an insurance coverage that is only commensurate to my income (Healthcare.gov, 2012). Hence, it’s but proper that we are given options to choose which insurance scheme is more favorable to us as subscribers (Healthcare.gov, 2012). Section 1002 cited the Internal Revenue Code of 1986 and Section 1501 (b) of the Patient Protection and Affordable Care Act (as amended) (Healthcare.gov, 2012). Applicable payments for workers are also cited in Section 1003 (Healthcare.gov, 2012). The subscribers options are however limited depending on the implementation of new healthcare policy in various states and on the age bracket of the subscribers (Healthcare.gov, 2012). For instance, the new law clearly stipulated that those who are aging below 26 years old are still covered under parent’s insurance policy and those who are beyond 65 could already avail of free preventive healthcare services and discount for medicinal prescriptions (Healthcare.gov, 2012). Those are employed will also be able to avail healthcare policies that will be provided by the company (Healthcare.gov, 2012). Providing healthcare policies for workers is an opportunity for company to avail healthcare tax credits (Healthcare.gov,

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