Saturday, August 10, 2013

Signed, Sealed, Delivered - Better Coverage, Lower Cost - Obamacare



As we all know, Americans cherish good health. It is a very important aspect of our busy and challenging lives. For us healthcare decisions are very personal and often entail financial difficulty, but sadly, too many family members and friends are left with few or no choices: they must fend for themselves. Thanks to the Affordable Health Care Act or Obamacare, which builds on the notion that all Americans desire the security of having viable healthcare coverage, there is help. The good news – Obamacare is already working and the much talked about Heathtcare Marketplace and enrollment commences October 1, 2013. The open Marketplace allows individuals to shop for the most affordable coverage as well as provide a mechanism for those who previously were unable to get insurance for various reasons. For more information on Obamacare, the exchanges, facts and ways you can obtain coverage go to healthcare.gov.

Obamacare is already working – Here are a few of the facts!

1. Consumers have received $1.1 Billion in insurance rebates.

a. Insurance companies, which spend less than 80% of premium dollars on your healthcare must give you money back.

2. 3.1 Million young adults are now covered.

a. Children can stay on their parent’s insurance plan until age 26.

3. Senior have saved $6.1 Billion in prescription drug savings

a. Seniors who hit the gap in Medicare’s prescription drug coverage receive 50% discount. The gap will be completely covered by 2020.

4. Preventive care for 71 Million children and adults and 34 million Medicare beneficiaries.

a. Obamacare ensures no-cost preventive care services like vaccinations, mammograms, cancer screening, annual checkups, and blood pressure and cholesterol tests.

5. Pre-existing discrimination banned.

a. Insurance companies are banned from discriminating for pre-existing conditions for your children. Adult protection will take effect in 2014.

6. Eliminating Lifetime limits for 105 Million.

a. Insurance companies can no longer place an arbitrary lifetime cap on your coverage. So if you or a member of your family gets sick, particularly a long-term illness, the insurance company cannot impose a lifetime limit on you.

To learn more about Obamacare, Marketplaces, and available assistance. – Go to Healthcare.gov.

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