Health Reform

Health Reform, also known as the Patient Protection and Affordable Care Act, was passed by Congress and signed into law in 2010. While the law has far-reaching implications for health care in the United States, it is designed to create a more efficient health care system that serves more people.

Media coverage focuses on the public’s divided opinion about the law, yet the reality is more nuanced. Many individual provisions of the law are highly popular including tax credits for small businesses, the ban on denying insurance coverage due to medical history, financial help for low and moderate income families, and the prohibition of lifetime coverage limits.

The law will gradually roll out through 2014, yet many of its provisions are already in effect. The challenge will be efficient implementation while continually improving the health care system, as it begins to serve the health care needs of many more Americans.

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Facts

  • Health Reform is not a government takeover of the health care system. Private hospitals, providers, and health insurance companies will continue to remain privately owned and operated. The key provisions of health reform actually expand the business of private companies by helping individuals without coverage purchase insurance.

  • Insurance companies will no longer be able to deny coverage due to pre-existing conditions, or place lifetime benefit limits on those covered.

    Summary of the New Health Reform Law - Focus on Health Reform, Kaiser Family Foundation, March 2010.

  • Insurance companies will not be allowed to rescind coverage except in cases of fraud.

    Summary of the New Health Reform Law - Focus on Health Reform, Kaiser Family Foundation, March 2010.

  • Businesses will receive tax credits to purchase health insurance companies for their employees.

  • Low and moderate income families will receive financial help to purchase insurance.

  • Children can stay on their parents’ health insurance plan until age 26.