Health Care Reform
 
text size

Understanding the health care exchange

Updated: Wednesday, September 18 2013, 07:18 PM EDT

Rochester, N.Y. - These are the changes we've been hearing about for years.

 As part of the Affordable Care Act, health insurance exchanges were mandated for people without insurance. 

Think of the insurance exchange as a supermarket.

Just as there are multiple brands of peanut butter and jelly, this new health market will offer a variety of insurers, giving you options.

The market will be available for the uninsured or those who want to look for cheaper alternatives.

There are two types of exchanges, one provided by the state and another by the federal government.

The exchange also provides subsidies or tax credits for those who are income eligible.

Those who choose not to buy insurance, will be penalized

The goal is to make insurance affordable.

“Most people felt themselves limited by the options that their employers offered or there were very little available options,” said Director of Employment Law at Abrams Fensterman Sharon Stiller. “Theoretically, the availability of a number of options will cause more competition and therefore drive down the prices, premium prices for the insurance that's available on the exchanges. “

Stiller said the exchange can also give employers more options.

“It opens up a question about what's the best economical alternative for the business and are there different ways, the business can spend the money,” Stiller said.

Director of patient financial services at Unity Hospital, Chris Etsler deals with the uninsured daily.

“No one plans for a health care bill. It's not something like a car that you plan and budget for so it's an unexpected expense and people don't have it in your budget,” Etsler said.

Unity is one of many agencies providing special staffing, helping people to plan ahead.

“We have two full time employees who will help people to understand and answer any questions they might have,” Etsler said.

Health care providers and insurers are encouraging people to not wait until the last minute to enroll.

There are a number of resources available for help, you can find that under the green find it button on 13wham.com

13WHAM will provide a series of reports examining different aspects of the New York Health Exchange.

Enrollment begins October 1 and coverage begins January 2014.


Alexis Arnold, 13WHAM-TV
e-mail | Twitter | Facebook

Understanding the health care exchange


Advertise with us!

Related Stories


FOX News - Health Care Headlines




CNN Health Care Headlines


 

Enrollment for healthcare exchanges as part of healthcare reform begins October 1 in states where exchanges will be set up. Expect special reports each week from us about what you need to know about 'Obamacare' and the ongoing political fight about its future.

Health Care National Stories
When Will We Know What The Numbers Mean Behind Obamacare?

Small Businesses Size Up Taxes Under Affordable Care Act

Digging Through The Affordable Care Numbers

Deadline Is Over: Calculations Start

Marching To The Deadline

Cable Or Obamacare

Anti-Obamacare Ads

Another Delay In The Affordable Care Act

A New Wrinkle To The Affordable Care Act

Emergency Care On The Brink

An Early Cost Gauge Of Obamacare

Confusion Over ACA Still Reigns

The PR Campaign for Obamacare

Suing Over Healthcare

Obamacare in the Hands of President Obama

Paying for Obamacare

Health and Human Services Wastes Millions on Cancer Drug

A Chief Architect of Obamacare Gives Some Employees a Pass

Healthcare.Gov -- a Hackers Delight

How Healthy Are Insurance Co-Ops?

The Cost of the Affordable Care Act

Doubling Down On Affordable Care

Democrats Run For Cover

Enroll America Under Fire

The Republican Divide Over Healthcare

Congress Treated to the Royal Side of Obamacare

'Obamacare' Disappears From Talking Points and Promotion

Hacking Into Healthcare.gov

Changing the Rules to Obamacare

Healthcare Heartburn

Who Are The Healthcare Navigators?

Counting Obamacare Enrollees on One Hand

Is Sorry Enough?

"You Can Keep Your Healthcare Plan"

Other Looming Health Care Disasters

Heartbreaking Health Care Letters

The Few and Far Between

Millions of Americans Frustrated by Healthcare.Gov

When Did the White House Know Millions Would Lose Health Care Coverage?

Feds Promise to Fix the Affordable Care Website

Why is it so Difficult to Enroll for Healthcare Insurance?

Viewer Questions About the Affordable Care Act Asked and Answered

Sorting Out Fact from Fiction About Breast Cancer Screenings

What Changes are Coming to CHIP?

Confusion Over Health Care Law Still Persists

Doctor Visits

Health Care Spending

The Unexpected Costs of Health Care

Attempting to Derail Obamacare

Concerns Over the Cost of Healthcare

Rubio on Obamacare

Healthcare Exchanges

Defunding Obamacare

Healthcare Reform: A Doctor

Congress and Healthcare

No Change in Obamacare Opinions

Unions Oppose Obamacare

The Cost of Obamacare on Your Wallet

The Individual and Family cost of Healthcare under the new law

Questions and Answers About the Affordable Care Act

Whooping Cough Advisory

Lots of Questions About the Health Care Law

Healthcare Exchanges Continue to Generate Viewer Questions

Share your Health Care Reform questions and challenges with new health care laws.

Name
Location
Question