The Affordable Care Act is Enabling Everyone to Have Medical Insurance
The Affordable Care Act has given many Americans the opportunity to finally be able to afford and obtain health insurance. Through the Affordable Care Act, Americans can now find affordable medical insurance that covers their healthcare needs.
Also known as Obamacare, the Affordable Care Act is based on a lengthy piece of legislation which assigns power to government programs, on an ongoing basis, to continuously improve and reform health care. Reforms impact funding and spending, taxes, insurance company rules, protections, benefits, rights and more.
Most preventive care services are offered without deductibles. For lower income people, subsidies are available through the Health Insurance Exchanges. Through the Medicaid extension provided by many states more people can apply for state funded medical care.
Providing Access for Uninsured Americans with Pre-Existing Conditions
Before the Affordable Care Act was enacted, many Americans were unable to obtain health insurance due to pre-existing conditions they may have had. These Americans only had hope of obtaining insurance if they could find a full time job that offered health benefits, or if they purchased a very expensive policy which offered coverage for a high risk pool, organized by many states. If they lost said job, then their insurance policies would lapse and they would be uninsured. The Affordable Care Act has made it possible for people with pre-existing conditions to finally obtain their own private health insurance. Through this Act, insurance companies are no longer allowed to turn away any customers.
Extending Coverage for Young Adults
With the ACA, young adults have the ability to stay on their parents’ insurance policy until they are 26 years old. This coverage is available without contingencies based on being a student, living with the parent, being financially dependent or being married. This allows young adults to go to college and get married, without the burden of health insurance over their heads. The majority of young adults can also graduate from college and find a job with benefits before they are taken off of their parents’ insurance policy.
Expanding Coverage for Early Retirees
Often, Americans wish to retire before they become eligible for Medicare. Before the Affordable Care Act, these Americans had to either wait to retire until they became eligible for Medicare, or they had to buy private, expensive insurance plans to cover them for a few years. Now, the Affordable Car Act has created a $5 billion program to provide these seniors with financial help and coverage to cover them between their retirement date and the date they become Medicare eligible.
Offering Free Preventative Care
All of the new insurance plans created by the Affordable Care Act must now cover certain preventative services. Preventative services such as, physicals, mammograms, colonoscopies, and many others are free so that patients can stay healthy as they grow older and enjoy their retirement.
The Affordable Care Act has significantly improved the healthcare market in America. It has allowed numerous people to obtain health insurance for an affordable price, and has helped reduce healthcare costs throughout the country. Through the Affordable Care Act, many people have benefited and will continue to benefit from healthcare services for many years.