King Cobra Health is intended to be a modified version of the 1985 Ronald Reagan Cobra insurance program that covers preexisting medical conditions. Unlike that program, King Cobra does not cover preexisting conditions or catastrophic conditions for a year after becoming a member, it would also have lower premiums and deductibles that could be lowered incrementally for those who are in good health or do not exceed certain limits. Additionally, it could be either a tax deduction or a tax credit, doing so benefits individuals, small business corporations and the Administrator’s, that help defray the cost of C.O.B.R.A. This would do away with Obamacare, provide instant coverage and increase membership while a final medical act is under construction.
According to reports that certain proposals of the intended GOP reorganization or repeal of Obamacare, will cut 20 million people off medical assistance, it should be noted that the 1985C.O.B.R.A. law has continued coverage for those currently insured for 18 months. This puts the administration on notice that they have no more than 18 months to ratify and approve the new health program to replace Obama care, subsequently easing the fear of people currently covered under Obamacare.
King Cobra Health (KCH) is the amended version of Cobra, addresses the concerns with programs that reform the high expenses of Obamacare, with realistic cost saving programs that benefit the nation without the burden of legislative complications. Naturally: how that is achieved requires a greater explanation that cannot be covered in this short article.