Right now, absolutely nothing. President Obama has to review the bill then sign or veto the bill. It’s not law just yet, and without reading the seven thousand miles worth of pages in the bill we won’t know how soon the reforms will take place–it certainly won’t be overnight.
The highlights of the bill freelancers need to know about:
According to the news reports I’ve seen, higher premiums for pre-existing conditions will be outlawed under the bill. Again, there’s no word on how long the insurance companies get to jack you around on pre-existing medical conditions.
You WILL be REQUIRED BY LAW to carry health insurance. You face legal consequences for not having the insurance. This seems to be a “breathing tax” in the minds of some, and I have difficulty arguing against that thinking.
I personally find this the most troubling part of the coverage aside from a couple of other highly controversial points I wont’ dive into here because they are irrelevant to the basic freelancer’s need to get affordable coverage. (The points themselves are NOT irrelevant in and of themselves.)
More heartening are the federal subsidies that are said to be available for those who can’t afford to carry health insurance. Also good–the elimination of higher premiums based on gender or medical history.
Freelancers, it’s going to be a good while before we know how this affects us. Stay tuned.