Posted by Linda H on 6:30:00 AM

This week marked the one-year anniversary of the Affordable Care Act being signed into law, bringing with it many benefits for young adults. In the past, young adults were typically forced off their family's health insurance plan once they turned 18 or 21, or when they graduated from college. Now, the Affordable Care Act gives young adults the peace of mind that they can get health care coverage even if they are no longer a student, haven't found a job, or if their job doesn't provide coverage. The new law also ensures that young adults won't denied care because of pre-existing conditions or have their coverage dropped because of illness. It means that all young adults will know that they — not insurance companies — will be the ones in control of their health care.
Posted by Linda H on 6:05:00 AM
Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. The “Mortgage to Lease’’ program, which was launched this week, will be available to fewer than 1,000 BofA customers selected by the bank in test markets in Arizona, Nevada and New York.