By now you've likely heard that Supreme Court voted 5-4 to uphold Obama's
healthcare legislation. And though it has been widely publicized for its
tax implications, there are many additional, and very important points
that will affect millions of Americans. For example, according to the
Congressional Budget Office, an estimated 32 million uninsured people
will gain coverage under the law. Furthermore, many of the more popular
provisions of the law have already gone into effect, including a mandate
that insurers have to let children stay on their parents' plans until
they are 26 years old, which 2.5 million Americans have already taken
advantage of. Insurers can also no longer turn away children with pre-existing
conditions, and sick uninsured people can buy coverage in high-risk pools
set up by the government. These points should be of particular importance
to individuals in what's known as the 'sandwich' generation...people
who are caring for both their children and their own parents. This will
significantly reduce the cost of healthcare for such families in terms
of out-of-pocket expenses and improve overall preventative care. Regardless
of your position on the legislation, DO look beyond just the highlights
that you see in the media. Decisions about your family's health, and
long-term care, could be affected by the details
.http://news.yahoo.com/blogs/ticket/supreme-court-issue-obamacare-decision-135554880.html
Contact an Orange County Estate Planning Attorneyat (714) 573-7149 or email
info@ocestateplanning.net for a free initial consultation about your estate plan, business plan,
or family law matter today.