Obamacare is up and running with some new provisions beginning now. Here are some key notes to be aware of:
-Dependents will be able to remain on their parents' health insurance plan until they are 26 years old, whether or not they are living with their parents, is a dependent for income tax purposes, is no longer a student, or is married.
-Insurers are prohibited from excluding those with 'pre-existing' conditions.
-Indoor tanning services are subject to a 10% tax.
-Insurers will no longer drop policies when clients get sick.
Will these provisions be good or bad for people? For one, expect higher premiums due to a more 'diverse, sick' risk pool.
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