PPACA 2010 Shandong University

On March 23, 2010, President Obama signed into law the Patient Protection and Affordable Care Act (“PPACA”)
These laws will result in significant reform of the American health care system, including extending health care coverage to many more millions of Americans.
Some Details:
1Creation of High-Risk Pools
Starting on July 1, 2010, people who can’t get insurance because of pre-existing conditions will have immediate access to high-risk pools
The creation of high-risk pools is a temporary measure; the pools will end on January 1, 2014, when government-regulated insurance exchanges start operating. By this date, the law also mandates that insurance companies will no longer be able to deny people coverage because of pre-existing conditions.
People will have to pay premiums to participate in the pools，However, the law limits premiums to “standard rates”
2 Rescission Outlawed
Starting on September 23, 2010, insurance companies won’t be allowed to drop people’s coverage when they get sick (this is known as “rescission”), something that currently happens to thousands of Americans each year.
3 Insurance companies won’t be allowed to put caps on the amount they will spend on lifetime coverage costs. This means that treatments for ongoing medical conditions such as cancer, AIDS, or diabetes will be protected
4 Children will be able to stay on their parents’insurance policies until they are 26. Right now, health plans often drop children from their parents’plans when they turn 19 or finish college.
Comments:
1 The health care reform make most of the citizens be covered into insurance, for instance the disabilities, people with
pre-exsiting conditions, and the young people are all admited by insurance company.
2 The health care reform is a long plan, and is divided in to several stages.Through one and one short plan and temporary measures,they can eventually achieve their goal more easily.Thus it is not utopian but feasible.
3 However, it heavens the burden of the whole country, and therefore tax-payers have to pay for the poor’medical bills .The PPACA, like other reforms, perhaps are not praised by all of the citizens.。