Wednesday, April 1, 2009

Insurers back off on pre-existing conditions

It’s no April Fool’s joke. Last week, the health insurance industry made a major concession, by offering to ease its longstanding position on pre-existing conditions.

Under the offer, the health insurance industry would end the practice of charging sick people higher premiums if Congress were to enact a plan that covered all Americans. Some experts believe this will increase the chances of passing significant health care reform legislation in 2009. Will this help? Stay tuned.

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