There are fifty million Americans who have no health care insurance. And the reason is mainly because health insurance is costly. And since there’s a high unemployment rate, an increasing number of individuals could not buy their health care insurance. With the Health Care Reform Updates of 2010, far more Americans now can afford to get health insurance.

Under the Health Care Reform Updates, competition will open up for the insurance industry. Newly formed entities doing health care business can certainly enter and compete. As competition may be the mother of all advancement, clientele will experience the benefits.

For these Health Care Reform updates to work, the government has to locate some source of funding. And it will only come from more taxes. Businesses would turn into the targets for these taxes.

Those families earning far more than $250,000 a year will be the other target, and they will need to pay higher Medicare taxes.