obamacare

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Obamacare 's health care reform does a number of important things including offering Americans a number of new benefits, rights, and protections in regards to their healthcare and setting up a Health Insurance Marketplace where Americans can purchase federally regulated and subsidized health insurance ( Obamacare). Lawmakers passed a law that requires nearly all Americans to carry health insurance or pay a fine if they choose not to be covered. Healthcare government states that the Health Insurance Marketplace will give people more choice and control over their health coverage. The Marketplace will operate in all states, so no matter where you live you’ll have access to coverage and it’s also you can compare coverage options based on price, benefits, quality, and other features important to you. You can choose the combination of price and benefits that fits your budget and meets your needs. This health care reform expands insurance coverage by requiring that people secure it. What are the pre-existing condition affect the price of health insurance? How would it affect our supply and demand health care?
Trisha Torrey wrote on her article that, once January 1, 2014 rolls around, the Pre-Existing Condition Insurance plans will no longer exist for anyone who has them now. There will be no need for the Pre-Existing Condition Insurance Plan (PCIP) because pricing distinctions between those with, or without, pre-existing conditions will be illegal. She also states, By Fall 2013, new plans will become available through each state 's health exchange program, and patients with pre-existing conditions will be able to take advantage of the lower costs that will accompany those exchanges. All patients who need individual health insurance will make their choice for 2014 and beyond from those new plans.
Why do insurance companies exclude pre-existing conditions? Bill Conerly, Ph.D. and author of Businomics Blog reports, we economists call it "moral hazard." If people have



Cited: Conerly, Bill. "Health Care Reform: Supply, Demand, Price Effects and Shortages." businomics blog.N.p., Mar. 2010. Web.

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