Health Insurance Blog » News And Society http://thehealthinsuranceblog.com Just another WordPress weblog Sat, 18 Sep 2010 10:16:33 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Better Health Insurance for Consumers Starting this Month http://thehealthinsuranceblog.com/2010/09/better-health-insurance-for-consumers-starting-this-month/ http://thehealthinsuranceblog.com/2010/09/better-health-insurance-for-consumers-starting-this-month/#comments Wed, 15 Sep 2010 14:23:26 +0000 admin http://thehealthinsuranceblog.com/?p=336 Starting next week, there will be a lot of positive changes that will take place to make health insurance plans become more comprehensive. Under the Affordable Care Act, insurance companies will be obliged to implement the following policies for new health plans, regardless of their previous policies, effective September 23, 2010.

1. allow young adults to stay on their parents’ health plan until they are 26 years old
2. cover all preventive services without charging any co-pay or coinsurance fees
3. banning insurance companies from rescinding coverage based on technicalities
4. eliminate lifetime dollar limits on essential insurance benefits
5. follow new regulations regarding annual dollar limits on insurance coverage
6. provide coverage to all children under the age of 19, despite pre-existing conditions

In addition to this, consumers now also have a way to appeal any insurance company’s decision through an external review process, which increases the chance of favorable decisions since the insurance company’s self-interest is taken out of the equation.

]]> http://thehealthinsuranceblog.com/2010/09/better-health-insurance-for-consumers-starting-this-month/feed/ 0