Tuesday, March 15, 2011

Current Event: Week of October 1st.

The article “Insurers Scramble to Comply With New Rules” by Reed Abelson was published on September 22, 2010 on the New York TImes website. It was printed on September 23, 2010.

This article was basically about insurance companies feeling that they would not be able to meet the standards of the new Health Care law that went into effect that Thursday the 23rd of September. Many companies are saying that they do not have the funds to support all of the changes, to provide coverage for all children and have free preventive services. They must do all of this by the end of 2010. Some believe that the new health plans will not be able to last these changes and will ultimately fail. Many companies are trying to avoid regulations and save themselves money by dropping certain policies, stop selling new policies and raising premiums. Though, the compaines are expected to uphold their promises such as providing coverage for children with pre-existing conditions and not disregard clients that are expected to create high bills for their medical needs.

I thought this was a well-written article. It brought me to learn a few things about the health care system in the us. Although, I did not understand some of what the Author was talking about in this work. I think that may be because I am not the most knowlageable person in issues such as healthcare or politics.

Original Article: http://www.nytimes.com/2010/09/23/business/23insure.html?_r=1&ref=health_care_reform

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