MILWAUKEE (AP) — Rural residents could pay less for health insurance and medical care under the new health care law, according to a report released Wednesday by the Center for Rural Affairs in Nebraska.
The issue is of particular importance to rural residents because they generally pay more for health insurance and have lower incomes than people who live in or near cities, according to the report.
The Affordable Care Act could help them by providing subsidies for health insurance purchased through the new online exchanges, which will allow people to comparison shop for coverage beginning Oct. 1, and by capping out-of-pocket costs for those with the lowest incomes, said the report written by Jon Bailey, director of the center's Rural Research and Analysis Program.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.