20 November 2012

Obama Administration Pushes More Details on Affordable Care Act

by Aric Mitchell, Posted in News

Obama Administration Pushes More Details on Affordable Care Act

The Obama Administration released more details on the Affordable Care Act (ACA), which is set for full implementation in 2014. The announcement came from Health and Human Services Secretary Kathleen Sebelius, who struck a triumphant tone in the wake of results in the November presidential election.

"Of all the worst predictions of the law opponents from accelerated costs to government getting between patients and their doctors to Medicare crumbling, none have come through," Sebelius said, though to be fair to opponents, the law doesn't go into effect until Jan. 1, 2014, so it would be difficult for too many ramifications to be present at this time.

Past the gloating, Sebelius did issue some more revealing details about the law. Mental health, maternity and pediatric dental coverages were among the essential inclusions for states willing to create their own health insurance exchanges, the Palm Beach Post Washington Bureau reported.

The law will also prohibit excessive rates on women, employees in high-risk sectors and patients that possess pre-existing conditions. Among the details that states received on Tuesday (Nov. 20) were more specifics regarding how to set prices on their health insurance exchanges.

Should states refuse to enact their own healthcare exchanges, the federal government will set a standard exchange in place that becomes the default.