The new health care reform laws being put into place are going to change the system in various ways. The Medical Insurance Companies are still unsure exactly how this is going to affect them. What they do know is that there are more government mandates that will come into law that require them to cover more people and certain conditions. In reality it seems as though that will require them to raise prices if they are forced to cover people who are already sick and need lots of care. Another argument is that these laws are going to reduce overall costs by adding more young healthy people to the system.
While you may not be seeing changes, the Medical Insurance Companies are certainly preparing for the changes. Being that they will have to cover more people they are slowly reforming their regulations to comply with law. They most likely will not change things until they are actually required to, but they are preparing. In doing so customers may see raises in rates before they even start covering these new individuals. If you currently don’t have insurance it may be a good idea to get a policy while prices are at their current levels. They will also be more likely to take you if you are healthy since that will lower their costs.
While many insurers are upset that the government is going to radically change the system. There are some that welcome it with open arms. These are the medical insurance companies that are going to be the most friendly during the changes. Remember that there isn’t going to be radical changes overnight, but slowly the system will likely take on a new form. If you can’t afford insurance you more than likely are going to be happy that you get a plan that will actually allow you to get the health care treatments you need.