10 Things You Really Need to Know About the Health Care Law - dummies

10 Things You Really Need to Know About the Health Care Law

By Lisa Yagoda, Nicole Duritz, Joan Friedman

Copyright © 2014 AARP. All rights reserved.

There’s a lot of information out there about the health care law. What does it all mean for you and your family? Here are ten things you need to know about the Affordable Care Act:

1. More preventive benefits

Preventive and wellness benefits, such as screenings for certain cancers, diabetes, cholesterol and immunizations, are now covered.

2. Coverage for young adults

Young adults can stay on a parent’s family health insurance plan until they turn 26, even if they’re in school, living away from home or married.

3. New consumer protections

Insurance companies can no longer place limits on the dollar amount they’ll pay toward covered care in a year or your lifetime.

4. Preexisting conditions

Insurance companies can no longer deny you coverage just because you have a preexisting condition such as asthma, diabetes, high-blood pressure, or cancer.

5. Medicare preventive care

Medicare now covers a yearly wellness visit, immunizations, and screenings for diabetes, cholesterol, and certain cancers.

6. Medicare drug savings

If you have Medicare Part D and fall into the “doughnut hole” you now get big discounts on prescription drugs — both brand name and generic.

7. Buying health insurance

The Health Insurance Marketplace provides a new way to buy health coverage. You can compare health insurance plans and costs on an “apples-to-apples” basis either online, by phone, or in person.

8. Essential health benefits

The law sets out certain benefits that insurance companies must offer. Health plans must cover doctor visits, emergency care, hospital care, prescription drug coverage, preventive care, and more.

9. Paying for health coverage

Depending on your income, you may be able to get help with some of the costs when you buy your coverage through the Health Insurance Marketplace.

10. AARP’s Health Law Answers

AARP’s easy-to-use online tool can help you understand what the health care law means for you and your family. In a few simple steps you can get a customized report that outlines your benefits and protections, and where you can get additional information in your state. Get started now by going to AARP Health Law Answers.