Reducing costs, protecting consumers: The Affordable Care Act on the one year anniversary of the Patient’s Bill of Rights
One year after the Affordable Care Act’s Patient’s Bill of Rights took effect, the U.S. Department of Health and Human Services (HHS) released a report summarizing some of the achievements of the health reform law. In the eighteen months since the president signed the Affordable Care Act into law, health reform has had a tangible effect in the lives of millions of Americans. The report discusses how the law is helping to give hardworking families the security they deserve and the reforms in the Affordable Care Act that have helped hold down insurance premiums, hold insurance companies more accountable and strengthen Medicare.
“The Affordable Care Act has made the health care system better for millions of Americans,” said HHS Secretary Kathleen Sebelius. “As a mother, a wife and a daughter, I know how important health coverage is for America’s families. This law is helping to give hard working families the security they deserve and stop insurance company abuses, hold down insurance premiums and strengthen Medicare.”
Recent reports, including the U.S. Census and the National Health Information Survey, have indicated that approximately one million additional young Americans now have insurance coverage due to the Affordable Care Act according to experts. The Patient’s Bill of Rights made it illegal for insurance companies to deny coverage to a child with a pre-existing condition or place a lifetime limit on the care they will provide. Through Affordable Care Act initiatives, 19 million seniors with Medicare have received new free preventive benefits, while efforts to cut fraud and abuse have extended the Medicare Trust Fund by 8 years, strengthening the Medicare program.
To read more about the many accomplishments of the law visit:http://www.healthcare.gov/law/resources/reports/patients-bill-of-rights09232011a.pdf