Affordable Care Act Reforms Healthcare Insurance Essay

Excerpt from Essay :

Patient Protection Affordable Care Act (PPACA) legislation is patently an improvement to the health care delivery system. The mere fact that thousands upon thousands of people are receiving healthcare and medical service through the Affordable Care Act is testimony to the scope of the improvement in healthcare services. But there is much more to the equation than absolute numbers of people now receiving medical and health care services through a healthcare insurance plan, many for the first time ("ObamaCare," 2015). The following sections discuss the healthcare insurance reforms that are integral to the Affordable Care Act.

Rescissions

The Affordable Care Act prohibits health insurance plans from rescinding coverage unless fraud or misrepresentation has occurred. Indeed, the reforms include prohibitions on rescissions and an extension that requires the provision of coverage of existing health insurance plans for non-dependent children up to age 26. This reform strengthens an area that insurance companies have substantively abused, as they have dropped coverage on people with chronic and severe health care issues, and refused to provide coverage for people who have pre-existing medical conditions.

Extended Dependent Adult Child Coverage

Insurance plans are required to allow unmarried children to stay on their parents' health insurance until age 26, and excludes gross income for employer provided health coverage for adult children until age 26. Many adult children have gone without health insurance when entering the workplace after high school graduation, or have relied on student health coverage, which is not sufficiently comprehensive, if they can afford the premiums when they enter higher education. Health insurance costs are often prohibitive for young people just starting out, and they are unlikely to have savings or a safety net beyond their parents if they extensive or costly treatments or care ("NCSL," 2011). Moreover, since the ACA is designed to provide coverage primarily for people of limited income, expecting parents of adult children to function as safety nets is neither rational nor feasible ("NCSL," 2011).

Preventative Care & Immunizations for Children

All insurance plans written under the ACA are required to provide preventative services and immunizations as recommended by the CDC, and child preventative services recommended by the Health Resources and Services Administration -- all without any cost sharing.

Uniform Explanation of Coverage Documents and Standardized Definitions

The ACA has vastly improved the accessibility of health insurance documents by ensuring that standards represent an accurate summary of benefits and…

Sources Used in Document:

References

http://www.cms.gov/LegislativeUpdate/downloads/PPACA.pdf

Benefits Of ObamaCare: Advantage of ObamaCare. (2015). Retreived from http://obamacarefacts.com/benefitsofobamacare/

Furman, J. (2014, February 6). Six economic benefits of the affordable care act. Council of Economic Advisors. Retrieved from https://www.whitehouse.gov/blog/2014/02/06/six-economic-benefits-affordable-care-act

National Conference of State Legislatures (NCSL). (2011, October). The Affordable Care Act: Implications for adolescents and young adults. States Implement Health Care Reform. Retreived from http://www.ncsl.org/portals/1/documents/health/HRAdolescents.pdf

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