Hi, I have a question. We have purchased insurance for our sponsored parents. I know they don't cover preexisting conditions. However, under the new obama bill, i believe it is by law that starting from 2014, preexisting conditions have to be covered and there will be no maximum ceilings. Am I understanding that correctly?
Also, under the new law, we will be able to purchase insurance from much more places than the limited options we have now. Is that correct?