WASHINGTON (AP) — Julian Senn-Raemont isn't convinced he needs to buy health insurance when he loses coverage under his dad's plan in a couple of years — no matter what happens in the policy debate in Washington, or how cheap the plans are.The Republican plan replaces that mandate with penalties for those who let coverage lapse, and aims to entice young adults by allowing insurance companies to sell bare-bones coverage that could be cheaper.Language is still being nailed down in the retooled bill, but it includes a proposal from conservative Sen. Ted Cruz, R-Texas, which would let insurers sell plans with minimal coverage, as long as they also sell policies that meet strict coverage requirements set by the Obama-era health care law.To encourage continuous coverage, the GOP plan installs a six-month waiting period for anyone with a two-month gap in coverage.In a statement last week, the industry group America's Health Insurance Plans said the proposal would create an "un-level playing field" that would lead to "unstable health insurance markets."Other features of the proposal aimed at young adults include allowing them to stay on their parents' insurance until they turn 26, as they can now, and shifting costs to older enrollees.More flexible pricing could attract young adults, the Congressional Budget Office said in a review of a previous draft of the Senate plan."[...] the bill is bad for young people," said Jen Mishory, executive director of the youth advocacy group Young Invincibles.Obama's health law also gives them job flexibility because good health insurance was no longer tied to employment, said Republican labor economist Craig Garthwaite of Northwestern University's Kellogg School of Management.
NYS Entity Status
NYS Filing Date
SEPTEMBER 15, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2014 - AMERICA'S HEALTH INSURANCE PLANS, INC.
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