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America’s New Health Care Law

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Why Did We Need the Health Care Law

• 129 million people had pre-existing conditions• Insurance companies could take advantage of

consumers• Premiums rose three times faster than wages• 50 million people were uninsured, and those

with coverage were afraid of losing it

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The Affordable Care Act

1. Making insurance companies play by the rules

2. Holding costs down3. Expanding access to care4. Strengthening Medicare

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Making Insurance Companies Play By The Rules

• Patients’ Bill of Rights– No more lifetime caps on care– No more denying coverage to kids– No more retroactive cancellations

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Holding Costs Down

• The 80/20 rule keeps your premium from being wasted on overhead

• Insurance companies have to justify rate hikes• Tax credits for small businesses

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Expanding Access to Care: Today

• Young people can stay on their parents’ plans• Preventive care is free• Pre-Existing Condition Insurance Plan

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Expanding Access to Care: in 2014

• Protecting everyone with a pre-existing condition

• Charging women the same as men• Providing tax credits• Creating new insurance Exchanges

If you lose your job, or want to change jobs or retire early, you’ll have access to affordable insurance.

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Strengthening Medicare

• Free preventive services• Lower prescription drug costs• Cracking down on fraud

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Myths and Facts

• Builds on the system we have• Reduces the deficit• Holds down costs• Promotes individual responsibility

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Four Things to Remember

1. Making insurance companies play by the rules

2. Holding costs down3. Expanding access to care4. Strengthening Medicare

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