THE ACA (Affordable Care Act) aka Obamacare! - Part II

POLITICS

(Continuation of previous post.)

Many of the people who are always yelling, “I don’t want President Obama and the government touching my insurance,” are doing so because they are under the falsehood that their insurance coverage is great and will never end. Trust me - they have not had a catastrophic illness. When they do, they will find the insurance company is not their friend. Currently, your coverage is not endless!! Under the ACA law, all lifetime and annual dollar limits will eliminated in 2014!

• Your plan cannot charge you more because you are a female. Insurance companies typically charged females, especially females of child bearing ages, more money for coverage. These women had to purchase what is called “maternity coverage” if they wanted to have a baby, or pay higher premiums just being in that age group. Now there is a level playing field and women pay exactly what men pay for their insurance coverage whether you want a baby or not! This is wonderful news!

• You cannot be dropped from coverage if you get sick.

• Your children can stay on your family plan until age 26. This saves parents from having to get insurance coverage for their children while their children are in college. Prior to the law, these children could be denied coverage as well for weight, diabetes, etc.

• Insurance companies, before the ACA, increased with impunity your deductibles, copayments, and coinsurance. Prior to the ACA, these costs could have reached $15,000.00 or more a year! Now with the ACA these costs have a ceiling and will be more affordable.

• Most of the insurance dollars, at least 80%, has to be spent on you and your health, not on million-dollar bonuses for the insurance executive!

Reference HSS.gov/HealthCare

Let me reiterate - this law is in no way perfect. However, now you can see why the insurance companies and the people who make millions of dollars off of us taxpayers want to sabotage this law. Do not believe everything you hear on Fox News (specious news). They are liars and should be ashamed of themselves. How can they or anyone want to deny children or the elderly from having insurance coverage? Prior to the ACA (Affordable Care Act) some people died or went bankrupt because of medical bills. As Americans, aren’t we better than this?

There is a lot about this law I would like to discuss. I will continue to write articles about this in the near future. Feel free to go to my Help Center page and make comments or ask your questions. I will try to provide as many answers as possible.

Information about the ACA (Affordable Care Act) can be found on many, many sites. Just use Google, Bing, etc.