What she really means is that the policies on the Exchange will be a one size fits all deal. The government will tell the private insurers what they can offer and that will be all they can offer. It will be as narrow as your choice of investments in Social Security. So, your only real choice will be if you go with the public plan or if you go with a psuedo-private plan.
Also remember that the old addage, "cheaper is not always better" will apply here. Today, small business is being priced out of health insurance and that is something that needs to be fixed. Many small businesses simply cannot afford health insurance, but under this plan they must either pay the price of the plans (which MAY NOT BE CHEAPER THAN TODAY'S POLICIES) or they will be taxed 8% of their gross payroll. This could very well put many small businesses under especially in today's economy.
Immie
i thought over 80% of the small business are exempt from such penalty in this bill because they are too small?
the insurance policies will vary as much as they do now immie, only a hand full of things, no cap, carry policy with you if you lose job,preexisting condition ok etc will be the same, but what a private insurer covers, so many mri's, so many annual visits, so much on drug coverage, transplants if necessary etc, mental health visits a year etc is up to the private insurer, as it is now....the exchange will let you easily see these differences....even if this reform does not pass, these insurance exchanges are a good idea imo.