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What Healthcare Reform Means to You - Single Adult Without Health Insurance

If you are a single adult individual and you presently do not have health insurance, or your employer does not offer health insurance, or you simply have been unable to afford medical insurance, the recently passed healthcare reform act is very good news for you.

Clearly, those without insurance were the target of the revolutionary legislation, and are poised to benefit the most from it. Under the new law it will very soon be much easier for you to obtain affordable private health insurance. The HealthCare Reform Act in its final version was designed to provide medical coverage for more than 30 million people who have been cut off from the traditional health insurance market, either because insurance companies had found them too sick or because they could not afford ever-increasing health insurance premiums.

If you are a single adult without any health insurance, you will likely benefit from the legislation in several ways. First up if you are employed, and up until now your employer was unable to provide employee based health insurance, he soon may have to do so.  As of  2014 any employer with 50 or more workers will face federal fines for not providing health insurance benefits. Several other changes will take effect much sooner that could also spell good news for single uninsured adults.  

Within the next six months, health insurance companies will no longer be able to deny coverage to individuals with so-called pre-existing conditions. So if that is why you have been unable to obtain affordable health insurance, now you should be able to. If cost was the prohibitive factor, and for many of the nation's uninsured it is, as of 2014, you should be able to find much more affordable health coverage. That is when the state run "Insurance Exchanges" come into complete effect. These "Exchanges" are designed to expand the health insurance marketplace. Under the Exchange concept, health insurance consumers will be able to access a much more competitive, user-friendly online shopping center for private health insurance.

Under the legislation, by 2014 when the Exchanges are in place, if you are not insured, you will be required to obtain health insurance. However details on what fines may be levied, and just how they will be enforced have yet to be worked out.     

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