[Corkey]

Originally Posted by Elijah

Right, I understand the enhancements they are making, I still don't understand under what circumstances I will have to change my insurance and what that really means in terms of cost. I have to believe that coverage cost will go up (significantly), otherwise how do they fund the massive expansions?

E.

Your costs may not go up. If you have an employer that you get your insurance through chances are your costs will not change.
The massive expansion as you put it, is through exchanges that the government will in the first year pay 95% of the cost to set up, by year 3 down to 50% and then the states will be responsible. The more paying in the less the costs. The only way it doesn't work is if the Red States refuse the exchanges and then the Federal government will still set up the exchanges until the state either gets in or they stay out. If they stay out then you can expect to see an increase in your premiums. Economically the thing to do is have more people paying their fair share than having a few states gum up the works for everyone.