Federal aid for health insurance

Health insurance companies like Humana, GA will be looking with interest at the recent news. Congress is debating whether to assist individuals, families and employers obtain cost effective health insurance. Using a sliding means tested scale will give low income earners a chance to have cost effective health insurance, which could impact on the insurance offered by organizations such as Humana.

Congress weighs federal aid for health insurance

WASHINGTON – House Democrats are looking at big health care changes, including federal aid to help families making up to $88,000 pay for insurance.

The plan would set up a new insurance purchasing pool called an "exchange" to make coverage more affordable for individuals and small businesses. It would also create a new government insurance plan to compete with private companies.

For insurance companies such as Humana the next few years in the health insurance industry will be interesting as changes to health insurance will come.