President Obama delivered a fantastic Christmas gift to the people of United States. With the Senate passing the landmark healthcare reform legislation on Christmas eve, an additional 30m uninsured Americans can now be brought under medical insurance and the health insurance companies made more accountable. They cannot deny covering pre-existing diseases and cannot disallow insurance because a person got sick with a certain disease

However, this coverage for the uninsured does not come for free. Though the government is planning to offer subsidies to people to buy health insurance, it is the people who will have to bear the major fraction of this cost.

Another part of the reform bill is the creation of state based exchanges where the uninsured can compare health insurance plans and shop for their coverage.

There is still time for this to become a law and a huge financial burden on the exchequer , but it still is a major move to ensure that people get the medical coverage they need at a cost that they can afford.