The Washington State Insurance Commissioner's Office released a notice of The Pre-existing Condition Insurance Plan -Washington State (PCIP-WA) created as part of the new federal health reform law, the Affordable Care Act.
PCIP-WA provides a new health insurance option to eligible individuals with pre-existing conditions who have been uninsured for at least six months – with no waiting period.
The new plan, funded by the federal government, is temporary and will end January 1, 2014, when full health reform takes effect and people cannot be denied insurance due to a pre-existing medical condition.
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Chris Bryant is an American financial advisor.