Health Insurance and You!

The National Health Insurance Exchange

Many Americans may not realize it but Congress may be about to change the way they buy health insurance in profound ways.  Its called a “National Health Insurance Exchange”.

Congress (led by the Senate Finance Committee chaired by Senator Max Baucus) has proposed an online exchange where Americans and Small businesses can better understand and possibly purchase health insurance from an approved list of vendors.   The most important details regarding these, are however, extremely sketchy.  As we move forward, we would like to understand the answers to three questions:

1. Is the Exchange conceived as a regulatory entity or an entity that supports actual purchase transactions by citizens and businesses?
2. Is there one national Exchange or does each state have its own Exchange? Can large businesses or associations form their own Exchange?
3. Will an Exchange ultimately help or hurt the average consumer?

Chini Krishnan
Founder and CEO
www.getinsured.com