The Affordable Care Act created positive changes to healthcare coverage for Americans. The ACA gives the majority of Americans access to coverage regardless of income level or pre-existing health conditions.
In 2010 when President Barack Obama signed the Affordable Care Act into law, health care became more accessible and affordable, and it offered better quality coverage for children, adults, and seniors.
In improving the healthcare system, the act provides more security for those receiving health insurance, including prescription discounts and protection against healthcare fraud.
But by far, the most celebrated improvement to the system was including coverage for citizens with pre-existing health conditions, such as asthma, diabetes, cancer. One out of four Americans under the age of 65 could have been denied coverage before the Affordable Care Act.
Key Features of the Affordable Healthcare Act
Under law, Americans are given the stability and flexibility they need from their health insurance provider to get the level of coverage they desire at rates they can afford. The Affordable Care Act:
- Ends exclusion of most Americans with pre-existing conditions.
- Allows a young adult (under 26 years) to be covered in family plans.
- Guarantees the right to appeal any denial of payment by your health insurance provider.
- Ends lifetime limits on new health insurance plans.
- Obligates your health insurance to publicly justify unreasonable premium rate hikes.
- Has your premium payments go directly towards the majority of your health care, not administrative costs.
- Covers preventive care at no out-of-pocket cost.
- Protects your choice of doctors.
- Removes penalties on emergency services outside of your health plan’s network.
When you are able to receive the coverage you have been seeking for you or your family, the Affordable Care Act is more than a law -- it’s peace of mind. HealthMarkets Insurance Agency understands and celebrates everyone’s right to health care. Our licensed representatives want to help you get the health care you need while working within your medical and financial needs.