On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act (H.R. 3590) and on March 30 he signed the accompanying Reconciliation Act of 2010 (H.R. 4872). The legislation makes transformative changes to our nation’s health care system, protects and improves worker and retiree benefits, offers access to affordable coverage for 32 million Americans, provides over $900 billion in new federal funding for states and reduces the deficit by $143 billion in the first ten years. Inside the AFSCME Facts document, you can learn in detail about the new law’s impact.
- Workers will keep their current health plan.
- Health plans can no longer deny children coverage based on a preexisting condition.
- Health plans must allow children to stay on their parent’s insurance plans until age 26 provided the child is not eligible for their own employer-sponsored coverage.
- Health plans are prohibited from dropping people from coverage when they get sick.
- Insurance companies cannot deny coverage to anyone with preexisting conditions.
- Health plans would be prohibited from having waiting periods over 90 days.
- Employers with more than 200 employees will be required to automatically enroll employees into health insurance plans offered by the employer. Employees may opt out of coverage.
There is much, much more information in the complete document; including information for retirees and effects to state and local governments. To view the entire document click [ here ].