Monday, March 22, 2010

Summary Of Health Care Reforms

1. Adult children may remain as dependents on their parents’ policy until their 27th birthday

2. Children under age 19 may not be excluded for pre-existing conditions

3. No more lifetime or annual caps on coverage

4. Free preventative care for all

5. Adults with pre-existing conditions may buy into a national high-risk pool until the exchanges come online. While these will not be cheap, they’re still better than total exclusion and get some benefit from a wider pool of insureds.

6. Small businesses will be entitled to a tax credit for 2009 and 2010, which could be as much as 50% of what they pay for employees’ health insurance.

7. The “donut hole” closes for Medicare patients, making prescription medications more affordable for seniors.

8. Requirement that all insurers must post their balance sheets on the Internet and fully disclose administrative costs, executive compensation packages, and benefit payments.

9. Authorizes early funding of community health centers in all 50 states (Bernie Sanders’ amendment). Community health centers provide primary, dental and vision services to people in the community, based on a sliding scale for payment according to ability to pay.

10. AND no more rescissions. Effective immediately, you can't lose your insurance because you get sick.


Halfaloaf said...

Why don't we require service providers to post their prices - on line - in advance so patients can make informed comparisons?

Where is tort reform?

Where is investment in infrastructure - training more doctors?

Conchscooter said...

Tort reform would go a long way to win the meadia battle though I doubt it would change much in the way of costs. I would say that is easy to support as well as crossing state lines to buy insurance.
I think tort reform is in the package but the package is 2500 pages long! (lots of oh so special interest of course!)

The Annonymous said...

I agree - insurance (health, auto, homeowners, business, etc.) should be available on a national basis - a little competition might be good - as well as open the door for someone to come back into the market in FL...