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Insurance And Medical Care Act

Decent Essays
Insurance and Medical Care Essay: Formal Assessment
A "qualified health plan" under the Affordable Care Act may not include pre-existing condition exclusions. People with chronic conditions may not be denied coverage because of their illnesses and insurance companies may not cancel a policy should a person become ill.
Under the Affordable Healthcare Act implemented in 2014, an insurance plan that is certified by the Health Insurance Marketplace, provides essential health benefits, follows established limits on cost-sharing (like deductibles, copayments, and out-of-pocket maximum amounts), and meets other requirements. A qualified health plan will have a certification by each Marketplace in which it is sold. (Healthcare.gov)
Obtain quality health care can be difficult for individuals who have a pre-existing condition. It is not fair nor right to exclude them from obtain health insurance because of a condition that is pre-existing. According to Obamacare, individuals with pre-existing conditions are able to obtain health insurance as would an individual of perfect health. More and more consumers with chronic diseases are finding this to be difficult. Consumers should be protected against fluctuations in premiums for private individual health insurance associated with the onset of high-cost chronic conditions.
What is guaranteed issue? Guaranteed renewability
Guaranteed issue is a requirement that health plans must permit you to enroll regardless of health status, age,
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