Forum Iris & Bulbes

Come January 2014, individuals and small employers in the United States would start purchasing health plans from the state Exchanges. HHS has already issued its final “Blueprint for Approval of Affordable State-based and State Partnership Insurance Exchanges” describing the various options available to the states. CMS exudes confidence that competitive state Exchanges would be able to keep the prices low. It reasonably assumes that competition among private insurance plans, informed customers and small businesses enjoying the same purchasing power in Exchanges as large businesses, would trigger a fall in prices. The Congress Budget Office hopes that the competitive environment would help control administrative costs, reducing average premiums significantly. 2,300 on their healthcare each year. Unlike the European Exchanges particularly those in the Netherlands and Switzerland where insurance exchanges are part of healthcare reforms, the U.S. In the United State the idea of an insurance mandate is not liked by many Americans.