You may have heard that starting in 2014, most people will be required to have health insurance as part of the federal health care law, the Patient Protection and Affordable Care Act. The new law, sometimes referred to as “Obamacare,” recognizes that most people who don’t have insurance would like to be covered but their job doesn’t offer it, they can’t afford it or they’ve been turned down because of a pre-existing medical condition. The Affordable Care Act provides sliding scale financial help so almost all Americans can get high-quality health coverage at a fair price. One of the most important ways that consumers and small businesses will purchase health insurance is through state operated marketplaces, like Covered California™.
The Affordable Care Act is changing insurance plan requirements. All health plans now must cover the Essential Health Benefits that people expect such as hospital care, physician services, medication, emergency, preventive and rehabilitative care.
Source: Fullerton Chamber of Commerce