The health care law gives middle class families the security of affordable coverage they deserve and protects every American from the worst insurance company abuses.
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Progress
Ended insurance companies' unchecked power to cancel policies, deny coverage, or charge women more than men, and established new rights to appeal insurance company decisions.
Ensured that no American will be denied care or charged more due to a pre-existing condition as of 2014. 17 million children with pre-existing conditions already benefit from this protection.
Read about protecting Americans with pre-existing conditions: http://wh.gov/MpL
Ensured preventive care is covered by insurance companies and Medicare with no co-pay or cost sharing--including mammograms for women and wellness visits for seniors.
Helped nearly 5.4 million seniors since 2010 save an average of $768 each on the cost of their prescription drugs after hitting the prescription coverage gap.
Required insurance companies spend at least 80% of premiums on health care, and less than 20% on advertising, overhead and CEO salaries—or provide customer rebates.
Read about expanding health coverage for young adults: http://wh.gov/ujC
What's Next
Establish new health insurance marketplaces where people can compare premiums and benefits across plans. State-based exchanges will come online in 2014 to help people shop for affordable insurance.
Help families with the cost of health care. In 2014, 18 million middle class people and families will get a tax cut averaging $4,000 to help cover the cost of care.
Lower Medicare costs and close the donut hole. Seniors with traditional Medicare will save nearly $4,200 by 2021, and those with high prescription drug costs will save even more.