Saturday, April 28, 2012

Affordable Care Act to Close Pervasive Gaps in Insurance, Study Confirms

In addition to giving over two million young adults insurance (including me!) and ensuring that people with pre-existing conditions (like me!) are able to find affordable insurance, or even insurance at all, outside of their jobs starting in 2014, a recent study by the Commonwealth Fund confirms that that the ACA will assist about 25% of Americans in covering their gaps in insurance when in between work or starting new jobs that lack insurance upfront.

Via the creation of the state-based insurance exchanges, the ban on pre-existing condition discrimination, and the expansion of Medicaid, the ACA will make health insurance affordable and available to those who need it, even for just a few months before obtaining a new employer.

The Commonwealth Fund tracked individuals who shopped for private insurance. Over half (55%) of those individuals opted not to buy insurance at all because of the high premiums. As stated above, the ACA will make those premiums affordable and reasonable, giving everyone the freedom and security of having health insurance.

Just one of millions of reasons for the Supreme Court not to strike down the individual mandate or the law as a whole.

Also, 122 Americans with pre-existing conditions spend $4, 844 per year more for healthcare. "Hypertension was the most commonly reported medical condition among adults “that could result in a health insurer denying coverage, requiring higher-than average premiums, or restricting coverage.”"Just saying.

[via The Hill, Think Progress]

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