Health Care Exchanges Under the Affordable Care Act

The New York Daily News published an article on the future of health insurance and what you can expect from health care exchanges.  These changes will start in fall of 2013. Some key takeaways from the article are listed in the bullets below:

• The goal is quality coverage for millions of Americans who do not have health insurance.
• Individuals and Families will have a choice of private health plans 
• The government will help many middle class households pay their premiums
• Open enrollment will start on October 1st, 2013. Enrollment will be online, storefront operations as well as help at call centers.
• Coverage will take place on January 1, 2014 and everyone will be required by law to have health insurance.
• There will be penalties for some individuals:
• For example, as cited in the article: smokers will face a financial penalty and younger "well-to-do" people may not be eligible for income-based assistance.
• There is some concern that the people who need (and will benefit) from the help the most are unaware that these changes are coming and won't benefit when it is first available.

For the full article, please click the following link: The Future of Health Insurance: What to Expect From Health Care Exchanges Under the Affordable Care Act

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