Fact Based List:
Key Facts about the Affordable Care Act
Submitted by jryan@mcol.com on Mon, 07/08/2013 - 16:43
- 105 million Americans no longer have lifetime dollar limits on their coverage
- More than 17.6 million children with pre-existing conditions can no longer be denied coverage
- Private insurers that provide coverage for nearly 174 million Americans must now justify double-digit premium increases
- Nearly 76 million Americans are covered by insurers that are now required to spend at least 80% of premium dollars on health care
- 360,000 small businesses received a tax credit in 2011 to help them pay for health insurance for an estimated 2 million workers
- 54 million Americans now can receive a free preventive service, such as cancer screenings, through their private insurance plan
- 3.1 million young adults have coverage on a parent’s plan through age 26
- More than 50,000 Americans with pre-existing conditions have gained coverage through the new Pre-Existing Condition Insurance Plan
- 3.6 million people received a 50% discount—worth an average of $604 each—on brand name prescription drugs after hitting the Medicare donut hole in 2011
- More than 32.5 million seniors received one or more free preventive services
- The average person with Medicare will save about $4,200 from 2011 to 2021. Those with high prescription costs will save up to $16,000
Source: The White House
Source URL: http://www.whitehouse.gov/healthreform/healthcare-overview#o...
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