Health Care Reform
The Affordable Care Act, better known as federal health reform, signed into law on March 23, 2010 has already begun changing the landscape of health care in America. This landmark legislation attempts to correct many of the problems that plagued our system by making health insurance coverage more affordable and accessible, and protecting us from insurance company abuses.
Information on specific provisions is included below. If you have any questions about the Affordable Care Act, or would like to invite an IMCHC staff member to come speak to your organization about the law, please contact Kathy Waligora at 312-491-8161 x29.
+ Making Health Insurance More Affordable and Accessible
- New Health Insurance Exchanges will provide a one-stop shop for comparing and accessing private health insurance as well as Medicaid, tax credits, and other public programs.
- Beginning in 2014, the Medicaid program will be expanded to cover approximately 342,000 low-income, hard working Illinoisans. This expansion will be 100 percent federally funded for the first three years and will bring an estimated $5.7 billion into Illinois in Medicaid provider payments.
- Starting in 2014, most American families will have support paying health insurance premiums in the form of tax credits and subsidies.
- Already, young adults can stay on their parent’s insurance plan until age 26, even if they are married or live in another state.
+ Combating Insurance Company Abuses
- By 2014, people living with pre-existing conditions will be free from discrimination and can get the health coverage they need and deserve.
- Already, children cannot be denied insurance because of a pre-existing condition
- Starting in 2014, insurance companies will be unable to charge women more for coverage just because of their gender
- Already, most private health insurance plans are required to cover preventive care services with no cost to the patient (no co-payments and no deductibles).
- Currently, insurance companies cannot put a lifetime limit on the amount of care you may receive. After 2014, insurance companies will no longer be able to impose annual limits either.