What The Affordable Care Act CoversLeave a comment
December 5, 2013 by Jan Stone
Many people are so caught up with the politics and fuzzy facts surrounding ObamaCare that they don’t know what The Affordable Care Act actually covers. It’s worth knowing important parts like insurance companies can no longer limit what they will pay for your illness and preventative healthcare like yearly check-ups are covered. Here are some bulleted highlights. The rest is found on the link below them.
• ObamaCare doesn’t regulate your health care, it regulates health insurance and some of the worst practices of the for-profit health care industry.
• ObamaCare offers a number of new benefits, rights and protections including provisions that let young adults stay on their plan until 26, stop insurance companies from dropping you when you are sick or if you make an honest mistake on your application, prevent against gender discrimination, stop insurance companies from making unjustified rate hikes, do away with life-time and annual limits, give you the right to a rapid appeal of insurance company decisions, expand coverage to tens of millions, subsidize health insurance costs, and require all insurers to cover people with pre-existing conditions.
• ObamaCare’s new benefits, rights and protections also include the requirement that all non-grandfathered health insurance plans cover preventive services and provide new Essential Health Benefits. Learn more aboutGrandfathered health plans.
• Ten Essential Health Benefits including emergency care, hospitalization, prescription drugs, maternity, and newborn care must be included on all non-grandfathered plans with no annual or lifetime dollar limits.
• Free Preventive services including yearly check-ups, immunizations, counseling, and screenings must be included on all non-grandfathered plans at no out-of-pocket costs.