Health-Care Bill and Insurance

Gist: It has now been six-months since Obama signed the health-care bill. Changes are beginning to take effect. Naturally, these changes are effecting the health insurance industry. Historically, insurance companies have had a hard time selling to the under 30 crowd. With the new bill, people in that age range might find it cheaper to sign up on their parents plans than to purchase their own plan or, to not pay for insurance at all. Fewer sign-ups mean higher premiums. Insurance companies want people to see health insurance as a necessity, not as a luxury.