Affordable Care Act (Obamacare)

The ACA makes dramatic changes to the way millions of Americans access health care. This comprehensive reform of health insurance attempts to make insurance more affordable, higher in quality and more accessible for people. It also expands Medicaid, imposes new responsibilities on individuals to purchase insurance and provides new incentives for employers to provide insurance for their employees. Together, these changes are estimated to expand coverage to 32 million people who were previously uninsured......
As of September 23, 2010, a number of insurance reforms went into effect, including requiring insurers to:

• Cover certain preventive services without deductibles or cost-sharing
• Allow parents to keep adult children up to age 26 on their insurance
• Cover all children under the age of 19, regardless of health status
• Create an internal and external appeals process to handle consumer complaints and denials
• Eliminate lifetime limits on benefits and significantly raise the annual limits for benefits (eventually it will also eliminate annual limits)
• Spend a minimum of 80 percent of premiums on medical services and quality improvement
• Justify unreasonable premium increases
• Eliminate the practice of rescissions (when a health plan retroactively cancels coverage after the enrollee gets sick)
• Allow patients to choose their health care professional as a primary care provider

 Click on the link below to learn more.....

Health Insurance 101