Are you too, one of the hostage to an insurance company, that jacks up premium and drops coverage as it pleases?

The US government’s take over, of the insurance industry, in 2008, was an early landmark in the global financial crisis. Followed by it, President Barrack Obama has now been praising, the extensive health care reform bill, which is said to have, improved millions of lives across the US, already. The financial reform bill is alleged to be the most recent piece of major legislation faced by the opposition Republican Party.

“This year, four million small businesses benefited from health care tax cuts and senior citizens will receive a USD 250 rebate to help cover expensive medication expenses. The administration is also drafting a 'patients' bill of rights' to educate consumers about their choices and rights and create an appeals process to enforce those rights, he said.

This is what change looks like, he commented, promising that they would work towards it, to make this law, a reality in the months and years to come.

Publicizing, the first benefits, of the democrat backed legislation, Mr. Obama, told the natives that the entire health-insurance industry, had agreed to stop canceling the coverage of people when they get sick, ahead of a September deadline requiring insurers to do so.

The new federal office, the Office of Consumer Information and Insurance Oversight, is also determined to help, stop the insurance companies, from exploiting the health-care system. 

The House of Representatives too have come up with a new approach, their own version of financial reform in December. Both the versions will be merged, if the senate house passes the bill, before president Obama signs the financial reform into law.