The New Health Care Policy Approved By The US Government
America has just passed a new health care bill that is very complex. This new bill affects everyone differently, which can leave you wondering how it can affect you. This bill is so complex that ever your neighbor can be affected differently than you.
Here is the general idea of how it will affect the majority of the US:
This new bill will begin to unfold in 2014 and after. One of the first parts of this bill will require all low income households to have insurance. If they do not already have insurance, they will be required to purchase health insurance. If these families do not purchase health insurance, they will be charged with a penalty fee of over $2,000.
Families that already have insurance will not see much of a change. However, these families may eventually see a decrease in their rates.
With so many more people being added to the insurance pool, healthy and not, this will have an effect on whether or not your rates change.
The biggest effect will be on the small businesses, which will be required to have health insurance purchased. However, they will receive funding and tax breaks
Small businesses will feel it the most as they will also be required to purchase health insurance. However, there will be tax breaks, discounts, and subsidized discounts to help.
While some companies may be able to dance around this requirement, most will be required to have some kind of health insurance available for their employees. This is a great thing for workers who are employed with small businesses, as they may not have otherwise received coverage.
It’s quite obvious that the biggest effect that this bill will have on the country is the required health care. However, there is still time to learn more about how to work with this new bill.
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Tags: Affordable Insurance, bill, business, family, finance, government, health, health care, health insurance, insurance, law, legal, society, tax, united states
