HEALTH CARE REFORM  
 
 
 
 

Health Care that Works for Americans

On March 23, 2010, President Obama signed the Affordable Care Act into law, putting in place comprehensive reforms that improve access to affordable health coverage for everyone and protect consumers from abusive insurance company practices.

For those Americans who already have health insurance, the only changes you will see under the law are new benefits, better protections from insurance company abuses, and more value for every dollar you spend on health care. If you like your plan you can keep it and you don’t have to change a thing due to the health care law. The President addressed concerns from Americans who have received letters of policy cancellations or changes from their insurance companies in an interview with NBC News,

For the uninsured or those who don’t get their coverage through work, a key component of the Affordable Care Act will take effect on October 1, when the new Health Insurance Marketplace open for business, allowing millions of Americans to comparison shop for a variety of quality, affordable plans that best meet their health care needs.

Here are the key facts about the Affordable Care Act.

Stronger Consumer Rights and Protections

105 million Americans no longer have lifetime dollar limits on their coverage.

More than 17.6 million children with pre-existing conditions can no longer be denied coverage.

More Affordable Coverage

Private insurers that provide coverage for nearly 174 million Americans must now justify double-digit premium increases, and nearly 76 million Americans are covered by insurers that are now required to spend at least 80% of premium dollars on health care.

360,000 small businesses received a tax credit in 2011 to help them pay for health insurance for an estimated 2 million workers.

Better Access to Care

54 million Americans now can receive a free preventive service, such as cancer screenings, through their private insurance plan.

3.1 million young adults have coverage on a parent’s plan through age 26.

More than 50,000 Americans with pre-existing conditions have gained coverage through the new Pre-Existing Condition Insurance Plan.

Stronger Medicare

3.6 million people received a 50% discount—worth an average of $604 each—on brand name prescription drugs after hitting the Medicare donut hole in 2011.

More than 32.5 million seniors received one or more free preventive services.

The average person with Medicare will save about $4,200 from 2011 to 2021. Those with high prescription costs will save up to $16,000.

In the past, insurance companies could take advantage of you. They could deny coverage to children who had asthma or were born with a heart defect, put a lifetime cap on the amount of care they would pay for, or cancel your coverage when you got sick just by finding an accidental mistake in your paperwork. The Affordable Care Act creates a new Patient’s Bill of Rights that protects you from these and other abusive practices.

 

for more complete information visit

http://www.whitehouse.gov/healthreform

 
 
 
 
 
Resources
 
Patient’s Bill of Rights
Pre-Existing Condition
Limits on Care
Coverage Cancellations
 
 
 
 
 
 
 
   
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