Leaving all political comments and opinions aside, let’s look at what will be law in 2014.

Required Insurance with unrestricted guaranteed policies and government subsidies to help with premiums.

The largest and most promoted part of the new Health Plan starts in 2014. In no particular order, I will list some of the changes.

1. Starting in 2014, every U.S. citizen and legal resident will be required to carry qualified medical insurance. Failure to carry insurance will result in a penalty fine. The fine starts at $95 per person per year growing to $695 per person by 2016. The maximum per person charge is three per family.

2. Every employer with 50 or more employees will be required to carry health insurance for their employees. Fees will be assessed per employee if coverage is not offered.

3. Medicaid qualification will be expanded to 133% of the poverty line. People with incomes under 400% of the poverty line will qualify for premium credits to help pay the insurance.

4. Policies will be guaranteed to be issued without a pre-existing condition clause.

5. Insurance policies will have an unlimited limit on benfits paid.

6. Limit deductibles to $2,000 per person and $4,000 per family.

7. Insurance Companies will be taxed $8 billion for the risk pool increasing to $14.3 billion in 2018.

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