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Tennessee Gal

(6,160 posts)
Sun Jan 15, 2012, 04:22 PM Jan 2012

Comprehensive Achievements of ObamaCare......

Comprehensive Achievements of ObamaCare! Care to Share It With the 54% Who Favor Repealing IT?

The only way to remedy misinformation and ignorance is by sharing sourced and factual information about what ObamaCare has achieved for Americans. Below is a summation of the benefits and what ObamaCare has contributed in helping Americans since the Affordable Care Act (ObamaCare) passed into law.

Benefits of the Affordable Care Act (ObamaCare):

Prevents denial of coverage to children with pre-existing conditions.

Adults up to age 26 can stay on their parents’ health plans.

Requires new health plans to provide free preventive care without cost-sharing such as co-pays or deductibles. HHS issued interim final regulations on preventive services and amendment to the final regulations.

Prohibits rescinding coverage making it illegal.

Prohibits lifetime limits on the dollar value of insurance coverage.

Prohibits annual limits on insurance coverage.

More options to appeal coverage decisions.

Provides $5 billion in immediate federal support to affordable Coverage for the Uninsured with Pre-existing Conditions.

Provides a $10 billion investment in Community Health Centers to expand medical services.

Create immediate access to re-insurance for employer health plans providing coverage for early retirees over age 55 who are not eligible for Medicare.

Implemented a process that requires states to review insurance companies premium increases. The final rule for the insurance rate review program was published in the Federal Register on May 19, 2011 .

Provided grants worth almost $250 million ($46 million and $199 million) to assist States enforce the insurance rate review program.

Provides tax credits or grants to employers with 250 or fewer employees for up to 50% of the investments costs in projects that qualifying Therapeutic Discovery Project. About a $1 billion in tax credits and grants have been provided by end of 2010.

Appropriated $5 billion for fiscal years 2010 through 2014 and $2 billion for each of the subsequent five fiscal years to support prevention and public health programs.

Provides a $250 rebate to 750,000 Medicare Beneficiaries who reach the Part D coverage gap in 2010. As of March 22, 2011, 3.8 million beneficiaries had received a $250 check to close the coverage gap, according to an HHS report.

Requires pharmaceutical manufacturers to provide a 50% discount on brand-name prescriptions and a 7% and 14% generic drug discount (in 2011 and 2012, respectively) filled in the Medicare Part D coverage gap.

Businesses with fewer than 25 employees will get tax credits covering up to 35% of employee premiums effective 2011 and a 50% tax credit effective 2013.

Much more here: http://timtpost.com/2012/01/10/comprehensive-achievements-of-obamacare-care-to-share-it-with-the-54-who-favor-repealing-it/

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Comprehensive Achievements of ObamaCare...... (Original Post) Tennessee Gal Jan 2012 OP
credit where credit is due Enrique Jan 2012 #1
+1 lamp_shade Jan 2012 #2
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