A Quick Q&A on Healthcare Reform and Health Insurance

December 20, 2019

It’s no understatement to say that healthcare reform and health insurance have been at the fore of political debate and public conversation over the past year.  There have been a lot of things said on both sides of the debate, so let this serve as a quick (and objective) Q&A on the subject.

Is Healthcare Reform Necessary?

Yes according to https://floridainsurancequotes.net/health-insurance/florida-health-insurance-when-healthcare-gov-fails-you/. Wile both parties differ wildly (to put it mildly) on how to reform our healthcare system, given that it’s the costliest in the world, grossly inefficient, and poses financial and medical problems for millions of Americans, change of some kind is necessary.

I’m Looking to Buy Health Insurance Via the Obamacare Overall.  how Can I Go about doing So?

First, you’ll want to log onto healthcare.gov.  While the site has had some drastic repair work done to it since its nightmarish launch and runs much more smoothly now, it still has some definite problems with the operating system, so you’ll want to be patient.  You will then be asked to answer a standard questionnaire and go through an extensive assessment process, after which you should receive an optimized report on what plans might be best for you, and from there you can shop various plans made available to you on the site.

I’m Already on a Health Insurance Plan—how Might the Overall Effect Me?

There has been a lot of heated debate over this question, with both sides of the political spectrum making arguments and statements which are, on their own, problematic when not taken into account with regard to the full context of the healthcare overall and healthcare situation in the nation.  Simply put—there’s no one, clear answer, at least not right now. Some plans and employers may allow you to keep the insurance and doctors you currently have, while in other cases you may need to swap one or even both. This is a process which is still being largely explored and rectified, and so it will take some time before patterns emerge which are definite enough to give a more comprehensive answer to this question.

Can Anyone Get Coverage?

Yes—insurance companies can no longer deny you based on a preexisting condition.  This point was one of the main moral arguments made in favor of healthcare reform, that denying people based on preexisting conditions is unfair and immoral.  The downside to this, from a financial standpoint, is two-fold. First, to cover those who need health insurance to cover such preexisting conditions, companies must either raise prices, drop some customers, or else other factors must mitigate the cost.  One such factor is making health insurance mandatory in a certain sense, so that those paying into the system who are healthy may offset the cost of those who are looking to have access to health insurance to help their with their own medical maladies. This leads into the next question…

Do I Need to Buy Health Insurance?

The short answer?  You’re highly incentivized by companies like https://floridainsurancequotes.net/health-insurance-quote/ to do so.  The long answer? You will face a tax penalty if you are not insured for three consecutive months (this penalty does not kick in until the three-month mark.)

I have Long-Standing Plan that I Like—May I Keep It?

If your plan A. has been in existence since March 23rd of 2010 and B. meets certain requirements of the Affordable Care Act, it will be grandfathered in.  Otherwise, your plan may be vulnerable and may be subject to change.