White House Announces Modification to Affordable Care Act Aimed at Letting Many Keep their Current Health Insurance Coverage
The White House announced on Thursday that health insurance companies will now be permitted to renew many previously cancelled health insurance plans for the upcoming coverage year. The plans had been cancelled by insurers in the last few weeks because they did not include a menu of preventive services—for example, some immunizations provided without a patient co-pay—that are required under the Affordable Care Act (ACA) for health plans that cover people in the United States beginning January 1, 2014. Insurers are allowed, but not required, to reinstate the cancelled plans and will not have to include free preventive services in the renewed plans for 2014.
The roll out of health insurance under the ACA has seen numerous glitches, including difficulty even logging into the health insurance marketplace website. On Thursday, Kaiser Health News posted a very informative FAQ aimed at answering some of the many questions consumers and health experts have right now about signing up for health insurance for 2014.
>>Bonus Link: Read about the Affordable Care Act on RWJF.org.