Connecticut has had a long history of legislative reforms that have constantly changed the health insurance laws in the state. It is also the first state to have implemented the Medicaid according to the new federal health laws.
The Affordability Act will make Connecticut have access to federal dollars for residents with low-income, irrespective of their age, disability, health or the family status. The National Health Service Corps and the existing 146 Community Health Centres will also receive more funds from the centre to cater to the 9% of the Connecticut population that lives in underserved areas.
The reforms transcend beyond the government sector and bring about policy changes in private health insurance plans as well.
53,900 small businesses will be provided with federal tax discounts so that they are encouraged to provide coverage to their workers. This will make the premiums more affordable to the employees and coverage cheaper for the firms.
No lifetime limits on coverage will protect 2.2 million residents of Connecticut from paying catastrophic out-of pocket expenses.
154000 Connecticut individuals, who have purchased insurance from fraudulent insurance practices, will not be dropped from coverage by insurance companies when they fall sick. Rescission is legal only when there is a deliberate misrepresentation.
Young adults in Connecticut can now stay in the coverage of their parents till they turn 26. Effective from September 23, 2010, the clause will enable about 9050 youngsters to have access to affordable coverage through their parents.
Around 47,200 early retirees of Connecticut will have access to coverage through a $5 billion temporary early retiree program that will enable employers to continue providing coverage to their previous employees Companies, unions, local and state governments will be eligible for this program.
Children with pre-existing health conditions will no longer be denied health insurance based on pre-existing condition, protecting 807,985 children in Connecticut.
Connecticut residents do not need longer need prior authorization in a case of woman seeing an ob-gyn or in the case of emergency. They have the right to retain a health plan and in cases of new policies, will be able to choose any participating primary care provider.
Residents with pre-existing medical conditions will have funding $50 million through a high-risk pool that will help them purchase affordable health plans. This program will benefit 38,591 Connecticut residents who have questionable medical history.
Family health insurance premiums will decrease by almost $2500 for the same benefits by the year 2016. Tax credits will be given to about 242,000 Connecticuters when they purchase health plans.
The Affordable Care Act will reduce the cost of health care and give more options for the residents to choose from, due to the increased market competition.
