Health Insurance Exchanges are an important next step
required under the ACA. These virtual marketplaces will provide individuals an
opportunity to "shop" for the best coverage for their dollar spent.
Theoretically, enough buyers will purchase policies through these exchanges
that price competition will prevail and health insurance for individuals will
be more affordable than it is today.
With affordable options, the
individual mandate requiring coverage, and the expansion of Medicaid for low
wage earners, our country can approach near universal access to healthcare.
Next we must create a health care system with a strong primary care base to
support this transition in coverage. The promise of care improvement and care
efficiencies is based not only on coverage of all but also timely access to
care.
Ray Fabius MD
Chief Medical Officer
Ray Fabius MD
Chief Medical Officer
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ReplyDeleteIt is very much obvious that health insurance Exchanges are expected to regulate the health insurance market. They will put on display the cheapest plans, foster competition and give more and standardized information about health insurance to the residents.
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