The new health care bill is one that is very complex. There is so much attach to this bill that its affect is different on everyone in America. In fact, this bill is so complex that it could affect you differently than even your next door neighbor in the same income bracket as you.
Here are some specifics that will be relevant to the general American population:
The first part of the plan to take place in 2014 is the requirement of all low income families to have health insurance. If they do not have insurance, they will be required to purchase health insurance, or pay a hefty penalty in excess of $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.
Whether or not your insurance rates will change will depend on how many people are added into your insurance provider’s insurance pool.
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
The small businesses will feel it the most as they will be required to purchase health insurance as well. There will be some subsidized alternatives and tax breaks to help with these costs.
There will be some companies that will find a way around this requirement, but the majority of companies will be required to offer insurance of some sort to their employees.
Without a doubt, the health insurance requirement will have the biggest effect on the majority of the country. Regardless, there is still plenty of time to adjust to these requirements and much more to learn as information is released.
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