Some things the law has required insurers to do so far and what remains to be done:
Insurers already have:
— Expanded dependent coverage in individual and group policies to include adult children up to age 26.
— Eliminated lifetime limits on the dollar value of insurance coverage. That refers to how much insurance coverage pays out to cover claims.
— Restricted annual limits on coverage, a practice that will be prohibited starting in 2014.
— Provided preventive care like immunizations or mammograms without charging co-pays or other forms of cost sharing.
— Stopped excluding children from coverage due to pre-existing conditions.
— Started spending minimum percentages of the premiums they collect on care or programs to improve quality.
Still to do:
— Create by September user-friendly summaries of standard benefits for people shopping for coverage.
— Prepare to sell coverage on state-based exchanges that will allow individuals and employees of small businesses to shop for insurance starting in 2014.
— Offer coverage to everyone who applies and stop excluding people with pre-existing conditions starting in 2014.
— Stop pricing coverage based on a person's health status.
— Start paying an industry-wide insurer fee that begins at $8 billion in 2014 and increases afterward.
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Source: Kaiser Family Foundation.
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