Thursday, November 4, 2010

How does the new health care reform bill being passed effect my existing health insurance?

I already have health insurance. I have "Cover Florida Plan II" through Blue Cross Blue Shield. Will I just keep paying for my insurance like nothing happened? I am happy with my insurance and I don't plan on changing it, unless I have to for some reason.
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It will stay the same for the time being. As soon as the insurance companies are mandated to accept pre-existing conditions the premium will drastically increase. This will happen sometime this year. Most of the rest of the bill, except for the new taxes, won't take effect until 2014 so little else will change until then.
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