Obama calls these "health insurance consumer protections to make sure that those who have insurance are treated fairly and insurance companies are held accountable."
No Denials for Pre-Existing Conditions: Insurers would be banned from refusing coverage based on medical history. No Huge Out-of-Pocket Expenses, Deductibles or Co-Pays: Insurers would be bound by annual caps on charges for out-of-pocket expenses Preventive Care: Insurers would be required to cover checkups and tests like mammograms or diabetes screenings. No Drops in Coverage for Major Illnesses: Companies would be barred dropping or diluting coverage for those who become seriously ill. No Gender Disparities: Companies could not charge differently based on gender. No Annual or Lifetime Caps on Coverage. Expanded Coverage for Young Adults: Family plans would cover people through age 26. Renewal Guarantees: If premiums are paid, policies have to be renewed even if new illnesses emerge.
In my case, "no denials for pre-existing conditions" hits a nerve. My husband works in the auto industry and his employment is tenuous, along with his health insurance. If he loses that, it's scary to think we might not be able to get new coverage, particularly at our ages. We're too young for Medicare, but old enough that problems like high blood pressure and arthritis are starting to pop up.
Reform can't happen soon enough in my opinion.