The change in health insurance will be different, depending on whether you are uninsured, covered by a low income program, a small business owner, covered through employee benefits or purchase your own insurance.
Most likely, your insurance company (if you have one), has already changed their plans to comply with the new rules. Some of these changes include:
- Children may stay on their parental insurance plan until the age of 26
- If you get sick your insurance company cannot drop you
- Free preventative care–no co-pay, no deductible
- No lifetime coverage caps
Premiums, plans and deductibles may change after the first of the year (when the law officially takes effect), but this is no different than how your employer can change companies or benefit options now.
I Buy My Own Insurance
The ACA restricts premium prices and will not allow past history to affect your rate cost. New rates will only be based on age, residence and the size of your family. Your rates cannot be increased because of illness and you cannot be turned down for coverage. Covered CA is designed to make shopping for insurance easier on the individual who does not have the leverage a large business has in negotiating rates and coverage.
California residents with questions about what changes may affect their plans personally, should contact Sackett & Associates Insurance Services. We offer health insurance coverage to the Sonoma County area. A certified agent can help you with Covered California enrollment, plan details and meeting insurance coverage deadlines.