The Health Reform Law Enables Millions of Uninsured Americans to Purchase Health Insurance Through Exchanges

One of the major goals of the Health Reform Law that President Obama signed in March, 2010, was to facilitate accessible and affordable insurance to all Americans. Currently, most Americans working for large corporations will receive a health insurance plan as a benefits option when they are employed. Working with large numbers, the large corporations are able to pull out lower premiums for their employees. Most employees of large corporations find these premium payments affordable and participate. Not so with self-employed individuals or small businesses. They do not have the numbers to get the discounts of larger organizations. For this reason, many individuals and small business owners and employees are medically uninsured.

In the United States, the traditional provider of health insurance has been businesses. Seen as the primary cause of health problems, business was called to provide insurance to employees as early as the days of Teddy Roosevelt. Although business is not the primary cause of human illness (it was so perceived at a time when capitalism was being blamed for everything), business has shouldered the responsibility, viewing it as one of those requirements for doing business in the U.S. that can’t be avoided and that could have positive side-effects for the business that insures its people. For one thing, health insurance benefits are a powerful recruitment incentive for those valuable employees that no business can do without. This attraction is quite doable for large corporations, but small businesses, not having the numbers to command lower premiums for their employees, are left out in the cold. They cannot attract those valuable employees because they can’t provide affordable insurance.

While the Health Reform Law doesn’t aim to make small businesses more competitive with bigger businesses, by providing a way for small businesses to get insurance for their employees at near the same prices big corporations can, the law has given a boost to small business employee recruitment. The intent to create exchanges for health insurance will enable small business to join together in an exchange and so increase their numbers, thereby qualifying an exchange to receive the discounts larger corporations now receive.

President Obama has assured the American public that these exchanges will be built throughout the country. In these exchanges, various health care insurance providers will offer their products at rates only the big corporations are used to seeing. These exchanges will be health care insurance ‘marketplaces’. Small businesses won’t be forced to take a ‘one size fits all’ type of plan, but plans that best suit the individual business environment, and its employees. Small business will be further encouraged to purchase health insurance for their employees, with tax incentives that should, combined with low exchange rates, enable all small businesses to provide insurance to their employees at rates comparable to those the big corporations offer.

These exchanges will not only benefit the small business, but the also self-employed individuals. These individuals are currently the largest uninsured group among working people, simply because a single individual has to pay more for medical insurance than a group. Now, self-employed individuals can team up with other self-employed individuals and small businesses to get the low cost, comprehensive insurance the corporate worker now enjoys.

Don’t expect to purchase health insurance tomorrow from one of these exchanges. It will take time to get them going. Don’t wait to purchase health insurance until the exchanges come. Purchase health insurance now – you may need it. When exchanges take effect, then you’ll be able to purchase health insurance at affordable prices.

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Get Suitable Coverage through Affordable Car Insurance

Article by Henry Bell

Car insurance is no longer an insurance policy for the wealthy few. With many insurance companies in the market that provide car insurance policies, the rate of premium of car insurance policies has also come down to a great extent. So, affordable and cheap car insurance policy is no longer a myth but a reality.

Though a thorough research is the key activity to look out for an affordable car insurance policy, taking into consideration certain things might also affect the rate of premium of car insurance policies; and thus assist you in availing an affordable car insurance policy.

It is advisable for you to buy car insurance policy during a soft market, also called the buyer’s market rather than buying it from the hard market, also called the seller’s market. It is because; during a soft market the rates of car insurances policies are generally lower. This way you can avail an affordable car insurance policy.

You can also buy your car insurance policy from the insurance company that is providing you with home insurance policy. This way you can get access to discounts on your car insurance policy and thus get an affordable car insurance policy.

Again, if you have a good driving record you can consider paying higher deductibles. This way you can lower the rate of premium of car insurance policies and thus avail an affordable car insurance policy. Apart from that if you insure more than one vehicle, you can avail an affordable car insurance policy.

Apart from that certain other factors also affect your car insurance policy like; the type of vehicle that you drive, years of driving experience, your credit history, occupation and marital status. Though some of these factors cannot be changed, yet some can be changed. If you take care of all these factors and you can visibly lower the rate of premium of your car insurance policy.

Other than this, a thorough and an extensive study of all the companies that provide affordable car insurance policies have to be undertaken. All this will require some time and patience. But with internet facilities, you can select and locate an affordable car insurance policy within no time. All you have to do is it browse through the pages of the companies that provide with car insurance policies. When you are satisfied that a particular policy is suiting your needs, buy that policy at that instant.

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