This week, two years ago, President Obama passed the Affordable Care Act (ACA) into law. By doing so, he started states down the path to creating Health Benefits Exchanges, or marketplaces that will help Americans find affordable health care. The state of Minnesota has chosen to create its own exchange, drawing on our history of leadership and excellence in the area of healthcare.
But, Minnesotans needs to ensure that the Exchange doesn’t fall victim to party-line politics. Some legislators want to put the Exchange into the hands of the health insurance companies and insurance brokers.
Approximately half of metropolitan Minneapolis residents benefit
Only two years after its enactment more than half of Metropolitan Minneapolis residents are already benefiting from the Affordable Care Act (ACA), also known as the Healthcare Reform bill.
The landmark bill, signed March 23, 2012, made comprehensive health care available to millions of Americans and gave them more control over the coverage they can receive.
Because of ACA insurance companies cannot refuse to cover children with pre-existing conditions like asthma or diabetes. In addition young adults can stay on their parents’ health insurance plan until age 26 and seniors get discounts on prescription drugs, as well as free preventative services. Estimates are that almost half of the people in the Minneapolis area have improved health insurance coverage as a result.
All Americans will have the security of knowing that they don’t have to worry about losing coverage if they’re laid off or change jobs. And insurance companies now have to cover your preventive care like mammograms and other cancer screenings. The new law also makes a significant investment in State and community-based efforts that promote public health, prevent disease and protect against public health emergencies.
For too long, too many hardworking Americans paid the price for policies that handed free rein to insurance companies and put barriers between patients and their doctors. The Affordable Care Act gives hardworking families in Minnesota the security they deserve. The new health care law forces insurance companies to play by the rules, prohibiting them from dropping your coverage if you get sick, billing you into bankruptcy because of an annual or lifetime limit, or, soon, discriminating against anyone with a pre-existing condition.