Latest Insurance News Today’s News: Health Care Law Raises Abortion Questions, Pre-Existing Conditions Health Pools Begin and Flood Insurance Overhaul Underway

Today’s News: Health Care Law Raises Abortion Questions, Pre-Existing Conditions Health Pools Begin and Flood Insurance Overhaul Underway

Now that the new health care law has passed, questions about abortion have resurfaced. In other insurance news, health insurance pools are beginning to crop up around the country to help those with pre-existing conditions and Congress has taken steps to get a flood insurance overhaul underway.

Health Care Law Raises Abortion Questions

Despite the fact that lawmakers promised abortions wouldn’t be covered under the new health care law unless the pregnancy was life-threatening or the result of rape or incest, abortion opponents have warned that some programs will indeed cover the procedure. The way they will be covered, according to some groups, is that those who have been denied health insurance because of pre-existing conditions will have a shot at the elective procedure if they are covered by the new federally-funded high-risk pools in some states. The Obama administration promises this will not happen but opponents say they don’t trust this promise. (USA Today)

Pre-Existing Conditions Health Pools Begin

Many states around the country have started implementing their insurance pools for those with pre-existing conditions. Enrollment has already begun for residents of Missouri who have been without insurance coverage for at least six months and have a pre-existing condition. Other states have also taken steps to get their programs underway. In Florida, enrollment has already started enrolling patients while Wisconsin will get its pool started for approximately 8,000 people on August 1. (News Journal Online)

Flood Insurance Overhaul Underway

After many months of watching the National Flood Insurance Program expire and get reinstated by Congress, House representatives have finally decided that the time is right to overhaul the program under HR 5114, also known as the “Flood Insurance Reform Priorities Act of 2010.” The latest extension of the program occurred in July and will allow policyholders to keep their flood insurance coverage until Sept. 30, 2010. However, if the act is passed in all of Congress, the program will be extended for five years. The act recently made it to Senate where it is awaiting approval. (Associated Press)

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