Health Care Reform
In March 2010, Congress passed the Affordable Care Act (ACA). Congressional approval of the ACA marked the most significant advance in health care policy since the passage of Medicare and Medicaid in 1965. This new legislation essentially reforms our nation's health care system in a way that is tailored to meet the needs of health care consumers. The ACA seeks to address the issues of access to care, preventive health, and the rising costs of health care and insurance. Through this comprehensive health care legislation, it is estimated that 32 million Americans will gain coverage while ensuring protections for the millions that are currently insured.
Health care reform will help Americans by:
- Prohibiting denials of coverage based on pre-existing conditions and guarantee that every American has access to high-quality health coverage, regardless of age, gender, or health status.
- Ensuring that all Americans have access to stable, high-quality health coverage, no matter where they work.
- Providing financial assistance to families to make health insurance premiums affordable for hardworking, middle-class families.
- Holding insurance companies accountable for how premium dollars are spent, requiring that a majority of the money they collect be spent on patient care.
- Clamping down on insurance company abuses so consumers no longer lose their coverage when they need it most.
- Extending much-needed relief to small businesses by offering tax credits so they can afford coverage for their workers.
- Helping young adults by requiring that insurers allow all dependents to remain on their parents’ plan to age 26.
- Expanding Medicaid to millions of low-income working families who currently fall through the cracks.
- Improving Medicare by helping seniors and people with disabilities afford their drugs and preventive care like cancer screenings and wellness checkups.
Learn more about how the health care reform law will benefit you by visiting Information for You.