More affordable medical insurance for women- healthcare reform « Health Insurance Advisory

Welcome to the New Healthcare Law Center and State News

new healthcare reform lawThe new healthcare law, called the Patient Protection and Affordable Care Act (PPACA), represents comprehensive healthcare reform legislation signed into law on March 23, 2010. It contains numerous provisions designed to protect consumers and promote low cost medical insurance, including many new taxes to pay for the cost.

In this section of the site, you can also obtain the following information specific to your state: available medical insurance options, efforts to regulate medical insurance premiums, healthcare, the individual medical insurance marketplace and the new healthcare law.

Our objective is to help Americans make sense of the new healthcare law by explaining key provisions in plain English and assisting individuals, families and the self-employed in using this information to find and secure affordable medical insurance.

More affordable medical insurance for women- healthcare reform

Author: Pete S - Sr. Staff Writer | Oct 31 2010 | General Provisions - New Healthcare Law

The new healthcare law is likely to help 30 million women obtain better medical insurance coverage if they don’t already have any, according to a recent report by HealthDay News.

Under the new provisions of the Patient Protection and Affordable Care Act, some of which have already taken effect, 15 million uninsured women will gain access to health coverage and 14.5 million underinsured women will get better coverage, the report found.

Prepared by the Commonwealth Fund, the report is the first in a series dealing with health reform that will be released over the next several months.

Women tend to be disproportionately pounded by the health-care system as it currently stands, according to the report. ”While, as a group, women are just as likely as men to be uninsured, they are more likely to face medical debt and more trouble buying health insurance in the private market,” said Karen Davis, president of the Commonwealth Fund. “They’re more vulnerable to high health-care costs and have trouble paying bills historically because of lower incomes,” she explained.

“This report provides good news to all women who are more likely to get the care they need with a reduced risk of not being able to pay medical bills,” she said.

According to Sara Collins, Commonwealth Fund vice president, nearly 17 million working-age women aged 19 to 64 were uninsured in 2008, the latest available data from the U.S. Census.

“Given the continuing high unemployment rate over the last year, this number likely increased as women and/or spouses lost jobs or health insurance or both,” she said.

Most uninsured and underinsured women will gain access to major medical insurance starting in 2014, but some provisions are already in effect or about to go into effect.

Some of the changes are effective September 2010, including:

  • Employers and medical insurance companies will be required to allow young adults up to age 26 to remain on or join their parents’ health plan. An estimated 1 million uninsured adult children will gain coverage this way over the next three years, while another 600,000 will be able to lower their costs.
  • Medical insurance companies will be barred from placing lifetime limits on benefits, which will help about 10,000 women.
  • Medical insurance carriers will no longer be able to put restrictions on annual benefits or rescind coverage.
  • Exclusions for preexisting conditions are already prohibited in 38 states and the District of Columbia. Another 12 will join in August, benefiting about 10,000 women over the next three years.
  • Medical insurance companies will be required to cover the cost of recommended preventive services (such as mammograms and cervical cancer screening) without cost-sharing.

Among the longer-term changes (2014 and beyond):

  • New state-run high risk pools insurance exchanges will enable approximately 7 million women to procure subsidized coverage.
  • Medicare beneficiaries who reach the “donut hole” on prescription coverage will get a $250 rebate. This change takes effect in 2010 and the donut hole will be eliminated by 2020.
  • Medicaid eligibility will be expanded to include adults with incomes below 133 percent of the federal poverty line, opening up the possibility of insurance to 8.2 million uninsured working-age women.
  • Private health insurance policies will be required to cover the costs of maternity and newborn care.
  • Private insurance carriers will no longer be able to deny coverage to individuals or raise premiums because of health conditions or gender.

Certain states with higher percentages of uninsured women will benefit more from the Patient Protection and Affordable Care Act than others. In Texas, for example, nearly 30 percent of adult women are uninsured (versus 17 percent nationally). “Those states stand to make substantial gains in coverage,” said Collins.

“The new healthcare law marks a dramatic departure from the past in women’s ability to gain major medical insurance and reverse the trends experienced over the last decade,” Collins said. “This ensures they can gain the medical insurance they need without the risk of catastrophic bills.”

Every visitor to our site can download a free prescription drug, dental and vision discount card. Your personal information is not required and you can use this card immediately to save money on medication and health care services at thousands of national retailers and pharmacies and independent chains in your locale.

Health Insurance Advisory Tell your friends

Inexpensive Health InsuranceAffordable Medical InsuranceLow Cost Medical InsuranceIndividual Medical Health Insurance |

Online Health Insurance QuotesIndividual Dental Insurance Plans

Denver WordPress Design