With the recent historic developments in the White House in the last year, health care reform has been an item of discussion everywhere. After many months of political discourse, several very important laws have been passes by Congress and signed into legislation by President Obama. These laws will have a direct influence on many Americans. Because of these developments, it is very important for people to understand the new health insurance regulations and how they will effect their current medical and dental insurance policies as well as any future health insurance quotes that they might request.

If you are fortunate enough to be able to currently afford a private health and dental insurance plan or are sponsored through an employer based program, these new regulations will probably not affect you too drastically. Those who will be impacted most by the new health and dental insurance laws are those who do not currently posses any form of health insurance or who own small businesses.

Perhaps the most influential of the new health insurance laws is the law which states that by 2014 every American must possess health insurance. While this can sound daunting to many individuals who cannot currently afford the high priced health insurance quotes that are presently being advertised, these laws may actually provide an enormous service to these same individuals. The government recognizes that health insurance companies and health insurance quotes all exist for a profit and that many citizens simply cannot afford to pay the high premiums that are being charged by the medical industry. To this extent, the government will be offering different levels of discounts and subsidies to low income families and individuals to ensure that anyone can afford health insurance, no matter their salary.

There are several new laws that will also be affecting business owners and their employees. By 2014, every business owner will be mandated to provide a health insurance program for their employees. Failure to do so will result in severe fines for the business owner. This law applies to business owners who employ 50 or more persons, so small businesses will have something of a reprieve. However, small business owners- those with less than 50 employees, will receive considerable tax breaks and financial advantages if they choose to provide their employees with the option of medical benefits.

These new laws will also affect the medical industry itself. Insurance companies in the past would often place lifetime caps on how much money they would pay out on a policy. The new laws do not allow lifetime caps. They also don't allow companies to refuse insurance to a patient because of a pre-existing condition.