Benefits, rights and protections under ObamaCare:
There are a number of protections and rights that Americans now enjoy because of the changes that ObamaCare has mandated. These changes to the health insurance system establish some new benefits and protections for everyone.
- Young adults can stay on their parents’ plan until they turn 26.
- Insurance companies can no longer deny anyone coverage or charge more based on health status. They also can’t drop someone from their plan if they become sick or make an honest mistake on their application.
- Women can’t be charged more for insurance. Before ObamaCare women paid up to $1 billion a year more than men for the same health plans in the individual market. ObamaCare put an end to discrimination based on gender.
- Insurers can no longer set yearly or lifetime dollar limits on essential benefits.
- All insurers must provide coverage to people with pre-existing conditions.
- The Children’s Health Insurance Program has become easier for kids to get.
- Medicaid has been expanded in the states that chose to participate in the expansion.
- Businesses with more than 50 employees are required to provide health insurance for their employees.
- All health insurance plans must cover 10 essential benefits, including free preventive care.
These are some of the biggest changes that the Affordable Care Act requires. For more information about how these new regulations affect you and your family, or for help choosing and enrolling in a plan, contact Your Insurance Gal for a free consultation.