About 'united healthcare insurance'|Can Employers And Patients Trust Healthcare Insurance Companies Part 1
There it was: a letter from my insurance company explaining that because of the Affordable Healthcare Law they had to refund some of our premium payments. Because of the law our insurance company's letter stated: "The Affordable Care Act requires….to issue a refund to you if …does not spend a least 80% of the premiums it receives on health care services…No more than 20% of premiums maybe be spent on administrative cost such as salaries, sales and advertising." Finding affordable healthcare for my wife and me in the US became cost prohibitive once we retired. We decided to retire to the country of Panama where it appears everyone has access to affordable hospitals and doctors. As we traveled abroad and throughout Europe and Canada it was only the Americans who were quarreling over government regulated healthcare. We fought hard for the healthcare act in the States by writing to several of our representatives in Congress and the Senate. As a retiree with high blood pressure, an preexisting health condition, not only was health care unaffordable but I was denied by several healthcare providers for my condition. Then the Affordable Healthcare bill was passed. My wife and I were elated. Finally we would be able to participate in a health program inside the United States although some of the provisions would not take effect until 2014. Previously, all our medical needs were being taken care of in Panama by our doctor who was trained in the States. I got my check from our healthcare insurance company I can't remember the last time I got any type of reimbursement from a healthcare provider. So, when I saw the letter from our carrier, I had to read it twice and then give it to my wife so she could read it. Just when we were about to give up on the Affordable Healthcare Law and President Obama's policies, we took our check and deposited it in our bank account and wrote a "Thank You" letter to the President. |
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