Health Insurance | featured news

The U.S. insurance industry Tuesday warned in stark terms that a proposed government insurance plan would dismantle the employer ...

U.S. lawmakers plan far-reaching insurance market reforms, and would require that businesses and individuals purchase medical coverage as they seek to overhaul the U.S. healthcare system, an early draft of Senate legislation said on Saturday.

Senators are meeting behind closed doors to consider whether the federal government should jump into the health insurance business.

The Obama administration's senior healthcare official Wednesday flatly rejected the idea of taking over the nation's medical insurance system, saying the federal government did not want to assume management of healthcare coverage.

Trying to buy health insurance on your own and have gallstones? You'll automatically be denied coverage. Rheumatoid arthritis? Automatic denial. Severe acne? Probably denied. Do you take metformin, a popular drug for diabetes? Denied. Use the anti-clotting drug Plavix or Seroquel, prescribed for anti-psychotic or sleep problems? Forget about it.

Trying to buy health insurance on your own and have gallstones? You'll automatically be denied coverage. Rheumatoid arthritis? Automatic denial. Severe acne? Probably denied.

WASHINGTON (Reuters) - A third of Americans under age 65 -- 86.7 million people -- went without health insurance at some point during the past two years, according to a report released Wednesday.