After years of anticipation and speculation, the Affordable Care Act (Obamacare) is now officially in effect. The health insurance marketplace has experienced a dramatic metamorphosis and will continuously evolve as the effects of Obamacare are sorted out. There are many components of the new laws that are still murky to most people, and I will do my best to shed light on some of those issues and concerns.

At the end of 2013, most people were faced with three options: