Sunday, March 3, 2013

The Affordable Care Act Turns Two

The President's health law gives hard working, middle-class families the security they deserve.� The Affordable Care Act prohibits insurance companies from dropping your coverage if you get sick, billing you into bankruptcy through annual or lifetime limits, and, soon, discriminating against anyone with a pre-existing condition.�

All Americans will have the security of knowing that they don't have to worry about losing coverage if they�re laid off or change jobs.� And insurance companies are required to cover preventive care like mammograms and other cancer screenings without co-pays or deductibles.�

The new health care law is already making a difference. Thanks to the Affordable Care Act:

2.5 million more young adults have health insurance on their parent�s plan.5.1 million people with Medicare saved an average of $635 on the cost of their prescription drugs. And everyone on Medicare can get preventive services like mammograms for free.Insurance companies must spend at least 80% of your premium dollars on health care and not overhead. They can no longer raise your premiums by 10% or more without any accountability.It�s illegal for insurance companies to deny coverage to children because of a pre-existing condition. And in 2014, discriminating against anyone with a pre-existing condition will be illegal.

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