Important Things To Know About Health Care Reform

A couple of years ago, Obama passed the health reform laws that have changed and might forever change our health care system. Many benefits in the individual market has changed and have affected both the old and young. One of the changes is the lifetime maximum. Now, no one can be denied health care because they have reached a certain amount of benefit.

Starting in 2014, each state is required to have their own health insurance exchange.  This will be an online marketplace for people to shop and find affordable individual health insurance.  The concept here is that the cheaper plans in the exchanges will force health insurance carriers to lower their prices so they can compete for business.  This is because some individuals may even qualify for discounts inside the exchange. 

The challenge to these exchanges for each state of course is resources.  Each exchange will costs millions of dollars and will take a lot of people to run and manage it everyday.