Healthcare act designed to offer affordable insurance for everyone [UPDATED]Published 10:33am Wednesday, October 30, 2013 Updated 12:34pm Wednesday, October 30, 2013
On Wednesday, Oct. 9, The Journal published a letter to the editor from Bill Schulz regarding his opinions of the Affordable Care Act.
The purpose of the Affordable Care Act is to provides rules/guidelines that all insurance companies must follow if they wish to sell health insurance in the United States — no doctors, nurses, etc., are employed by or through the Act.
Under the Act, healthcare policies must now cover a broad range of essential services such as doctor visits, hospital stays, maternity and newborn care, emergency room care, prescription drugs, preventive care, mental health, and substance abuse services.
Preventive services such as blood pressure and diabetes screenings, cancer screenings (such as mammograms and colonoscopies), vaccinations, and flu shots must be provided at no cost to the insured. Insurers can’t deny coverage due to preexisting conditions (such as diabetes, cancer, high blood pressure, etc). They can’t charge more because of gender e.g. females, or occupation. There can be no annual dollar limit paid by insurers, there can be no lifetime dollar limit on converge. Adult children may stay on their parents insurance until age 26, if they so wish.
There is financial assistance available to those who qualify, such as individuals with annual incomes of less than approximately $46,000 and families of four with incomes less than approximately $94,000.
The basic concept of the Act is that uninsured people will be able to buy affordable insurance through a “marketplace” where each person can choose which coverage they want (in Minnesota this “marketplace” is called “MNsure”). For information on the Act call MNsure’s toll free line 855-366-7873.