OBAMACARE'S WIN WIN : CALIFORNIA PUBLISHES PROJECTED HEALTH CARE POLICY COSTS IN EXCHANGES



Obama's health care policy, called by the right 'Obamacare' in a dispregiative manner, might make its most convincing argument yet. 

California has just released the numbers on projected health care policy costs under health care exchanges. 

Created under the new provisions of the health care programs, health care exchanges allow those people who do not have health care or are unemployed to buy health insurance policies through the exchanges.

The exchanges are basically a marketplace where insurance companies bid against each other to offer individual policy coverage for health care. 

The cost for a 40 year old to get insurance would range from 40$ to 300$ and in some cases, if the person is below a certain level of income, the cost might be nonexistant. 

This is incredible news for people who could not qualify for insurance before the Obama health care reform, or who are unemployed.  

They are also very much inferior in cost to prior health care plans or existing health care policies for individuals. 

In fact some say that Obama reform "is a revolutionary improvement to move from a broken market where people are charged by how sick they are, to a competitive market where people pay what they can afford, based on a percentage of their income, on a sliding scale."

And if that's not good news, we don't know what is. 

Many skeptics had blasted the Obama health reform citing spiraling insurance costs.  This development should do much to quell such rethoric. 

Source : NBC news 5.26.13


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