Obamacare Fixes, Will It Cost Taxpayers Big Money! - KMPH FOX 26 | Central San Joaquin Valley News Source

Obamacare Fixes, Will It Cost Taxpayers Big Money!

Posted: Updated:
FRESNO, Calif. (KMPH) -

Now that President Obama offered a fix to his troubled healthcare law, what does that mean for you?

Health insurance broker Jon Renberg says just because the President wants it, and the state insurance commissioners encourage it, it is ultimately up to insurance companies on whether or not they want to extend policies through 2014.

Jon Renberg is the President of Renberg-Trogdon & Cavale Insurance Services. He says, "In California there is roughly 38-million residents. We are all going to be affected. What we are saying to our clients for example are potentially higher premiums and lower benefits. It's a double hit."

Renberg says to resign millions of recently dropped insurers and determine if their coverage is retroactive, that takes time and money in the form of increased premiums for everyone.

Renberg says, "The insurance companies may look at that and say it's very costly and maybe not even do able because they are changing. Some have changed their software platforms and moved insurers from one program to another program, and to change that maybe impossible in some situations."

Some state insurance commissioners have already announced they will not be participating in the President's changes.

They are Washington and Arkansas.

California's insurance commission did say he wants insurance companies to reinstate people in the golden state, but that decision is up to the private insurance companies.

  • Local NewsLocal NewsMore>>

  • Murder Suspect Shot By Fresno Police; First Street Blocked In Fresno

    Murder Suspect Shot By Fresno Police; First Street Blocked In Fresno

    Fresno Police tell KMPH Fox26 News and kmph.com that a man has been shot by an officer. It happened at an apartment complex near Clinton and First Ave, in Fresno.. The north bound lanes of First are blocked from Yale to Clinton. KMPH Fox26 News is there and waiting for a Police spokesperson to brief us on the details. Police say the man was wanted for a crime he is charged with committing.More >>
    Fresno Police tell KMPH Fox26 News and kmph.com that a man has been shot by an officer. It happened at an apartment complex near Clinton and First Ave, in Fresno.. The north bound lanes of First are blocked from Yale to Clinton. KMPH Fox26 News is there and waiting for a Police spokesperson to brief us on the details. Police say the man was wanted for a crime he is charged with committing.More >>
  • Baldness Linked To Prostate Cancer

    Baldness Linked To Prostate Cancer

    Baldness could be a sign of prostate cancer. That's according to a new study from the National Cancer Institute.The study found men who had male pattern baldness at age 45 were 40% more likely to develop an aggressive form of prostate cancer when they got older.The study's author suspects the link is due to changes in hormone levels.Nearly 70% of men experience male–pattern baldness which is described as having a receding hairline and thinning hair on the crown of the head.More >>
    Baldness could be a sign of prostate cancer. That's according to a new study from the National Cancer Institute.The study found men who had male pattern baldness at age 45 were 40% more likely to develop an aggressive form of prostate cancer when they got older.The study's author suspects the link is due to changes in hormone levels.Nearly 70% of men experience male–pattern baldness which is described as having a receding hairline and thinning hair on the crown of the head.More >>
  • Black Eye for Cover Girl's NFL Ads

    Black Eye for Cover Girl's NFL Ads

    Cover Girl is now issuing a statement after protesters photo shopped its NFL Game Face ads.Many fans are calling for commissioner Roger Goodell to step down after video surfaced of Baltimore Ravens running back Ray Rice punching his then–fiance.Monday some activists started posting photo shopped ads like this one to social media – showing a model in a Ravens jersey with a black eye.After these images surfaced, Cover Girl took Ravens models off its website and issued a statement.The company sa...More >>
    Cover Girl is now issuing a statement after protesters photo shopped its NFL Game Face ads.Many fans are calling for commissioner Roger Goodell to step down after video surfaced of Baltimore Ravens running back Ray Rice punching his then–fiance.Monday some activists started posting photo shopped ads like this one to social media – showing a model in a Ravens jersey with a black eye.After these images surfaced, Cover Girl took Ravens models off its website and issued a statement.The company sa...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.