Key provisions of the new health care law that was ratified six months ago went into effect today. Critics say they will raise the cost of insurance unbearably. The White House acknowledges there will be increases, but they estimate premiums to go up by 1-2%. Most independent estimates don’t expect huge huge increases.
Moreover, the benefits and protections of the reforms may be worth small premium increases to most people. Some of them already went into effect yesterday! There’s not been very much coverage, but what there has been has focused on these provisions.
Parents may keep their children on the family health insurance to age 26, if the child is not offered coverage through an employer. Children can no longer be denied coverage because of pre-existing conditions. Lifetime limits on essential benefits like hospital stays are abolished. Insurers must cover preventive services such as immunizations, mammograms and colonoscopies, without charging consumers deductibles, co-pays or co-insurance fees.
All of those provisions are valuable and important protections.
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