What New Healthcare Bill Means to Me

Yesterday I came across a really good article on Yahoo Finance on the 10 ways the new healthcare bill may affect you.  I really liked the article because it breaks all the BS or politics down into 10 easy, simple descriptions of the bill.  There are some things that I love about the new bill and some things that I think are stupid.  Let’s start with what I like.

Bye-Bye Pre-Existing

By 2014, I will no longer have to call an insurance company wondering if I will get coverage or not.  This is something that I have been waiting for, for a long time and never thought I would see it.  Now that I own my own company, I have no way to get health insurance.  I am still covered through Cobra right now, but once that runs out, I have to go get another corporate job in order to get health insurance, unless I am married by the time that happens, which isn’t going to happen.  I will then be able to continue to run my own company and pay for my own insurance.

Along with that is the waiting period.  I haven’t been in this situation before, but there may come a day that I am.  I still need a little more clarity on the maximum benefits part of this bill, so I’ll do a little more research before I make a decision on that.  I am not sure if it is a yearly or life-long maximums.

Now, let me discuss the number one thing that I don’t like about this bill.

You Must Be Insured

From my memory of history classes and research projects that I’ve done, I could have sworn that this country was not built on the government telling you that you MUST do things.  The government already takes taxes from me and puts it towards things that I don’t want it going to, now they are going to tell me that I must pay for insurance as well?  Obviously with me being diabetic, I need health insurance, but I know people that haven’t coughed or sneezed in 10 years (obviously a little exaggeration). But if that person wants to take the risks, isn’t that their right as an United State citizens?

Overall, I think that the benefits outweigh the negatives.  That one negative that I discussed above, I do think is a huge negative and is 100% completely against what this country was built on.

How do you feel about it?  What do you like and dislike?