California Insurance Exchange Introductions
In light of the recent reforms to health care posed by the Obama administration, there are a number of changes to occur to how health insurance is structured throughout America. The goal of this restructuring is to introduce affordable medical cover for all. California was one of the first states to commit to these new reforms, and has committed to establishing the California insurance exchange. This will only come into effect in a few years time, however, as time is needed for implementation.
What will the California Insurance Exchange Be?
The California insurance exchange will be a means for Californians to compare and obtain affordable health cover more easily. While options for nationalizing health care were considered, there were concerns that this would compromise the quality of medical cover which people would receive as a result. It will be possible, however, once exchanges have been fully implemented, to obtain and compare quotes across many private insurance companies, for sizeable savings.