| July 16, 2012

Latinos Should Evaluate Situation before Purchasing Health Care

FORT LAUDERDALE, Fla –The Patient Protection and Affordable Care Act, upheld by the Supreme Court on June 28, will benefit more than 9 million Latinos who lack health insurance.

The reform will also ban insurance companies from denying access to individuals with pre-existing conditions or serious diseases. Consolidated Credit advises consumers to consider their financial situation before obtaining a new insurance plan or switching companies.

Not having insurance is the worst option: Individuals who don’t have insurance would need to obtain a plan by 2014 or pay a fine. Consolidated Credit recommends consumers obtain insurance; otherwise individuals could pay high medical bills and government fines.The most convenient option for consumers is to purchase insurance through their workplace. Individuals, whose incomes are below 400 percent of the poverty line, won”t pay a fine. Given that about 15 percent of the Latino population is below 400 percent of the poverty line, this sector will be exempt from paying the government fine and will receive subsidies.

Those between the ages of 27-64 should keep their insurance: Individuals who fall in this age range should keep the insurance provided by their employers. If for some reason, they are not satisfied with their current policy, they can purchase a new one through the insurance marketplace, a health insurance market where individuals can obtain competitive prices and government subsidies.

Twenty-six years and younger should stay on their parents’ insurance: Young people are one of the groups seriously affected by the economic crisis. After graduation this segment of the population has an average of $25,000 in student debt. For this reason, instead of incurring more debt, they should share insurance expenses with their parents.

For retirees Medicare is the best option: The reform has expanded benefits for those older than 65. According to Families USA, almost 6.4 million Latinos could obtain Medicare starting in 2014. Consolidated Credit recommends retirees to take advantage of Medicare before considering private insurance.

About:
Consolidated Credit Counseling Services, Inc., founded in 1993, is one of the nation’s largest credit counseling organizations in the country and has helped over 5 million people with financial issues. Their mission is to assist families throughout the United States in ending financial crisis and solving money management problems through education and professional counseling.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

All Consolidated Credit counselors are certified personal financial counselors (CFC) We've helped 5 million people get out of debt! Call us today and see what we can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

The National Industry Standards for Homeownership Education and Counseling are a set of guidelines for quality homeownership and counseling services. Industry professionals who adopt these standards can be trusted to provide consistent, high quality advice.
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Consolidated Credit Consulting Services, Inc. has been verified as the owner or operator of the Web site located at www.consolidatedcredit.org. Official records confirm Consolidated Credit Consulting Services, Inc. as a valid business. Call us today and see what we can do for you.

Consolidated Credit is a Certified ISO 9001 company, as verified through Bureau Veritas Certification.

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

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Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Consolidated Credit is proud to be an ANAB accredited member. Accreditation by a recognized and respected body such as ANAB ensures the impartiality and competence of our company. To see what we can do for you, give us a call.

U.S. Department of Housing and Urban Development - HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. Consolidated Credit is proud to be a member of HUD and also part of the Hope Now Alliance.

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