Health insurance quotes now are reasonable, but what about the future?

Right now, it’s easy to find affordable health insurance quotes. In fact, if you don’t have health insurance now, you might want to seriously consider biting the bullet and getting it. Why? Because in 2014, if health care reform does come to pass, you will be mandated to get health insurance or pay a fine for not having it. That means if you look for insurance now, your rates will be better than in 2014. That’s because in 2014, with health care reform in place, the price of health insurance will be higher than it is right now.

It will be higher, because health care reform has told the insurance companies that they must assume more of the responsibility for providing decent coverage to their customers. In other words, they’ve been told to assume an 80 percent loss ratio. In order for the insurance companies to break even in later years with an 80 percent loss ratio, they will have to increase premiums. Act now and avoid an even worse scenario later.

To learn more and get a health insurance quote, visit https://www.benepath.com