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Fact Based List:
ACA Provisions That Take Effect January 1, 2014 That Will Significantly Increase The Cost of Coverage
This List Sponsored by Time for Affordability on Mon, 01/28/2013
AHIP is raising awareness of the factors driving health insurance premiums. It's time to focus on affordability. focus on affordability.
- Health Insurance Tax: The ACA imposes a new $100 billion sales tax on health insurance that will add to the cost of coverage
- Restrictions on Age Rating: The ACA strictly limits how much premiums can vary based on a person’s age, which will result in significantly higher premiums for younger individuals and families
- Minimum Essential Health Benefits: All health insurance policies sold in the individual market and to small employers will be required to cover a broad range of mandated benefits
Source: America's Health Insurance Plans
Source URL: http://ahip.org/Issues/January-1-2014-Provisions.aspx