On October 1, 2013, millions of Americans who were previously uninsured will have the opportunity to purchase health insurance coverage effective in 2014 under the new insurance marketplaces established by the Affordable Care Act (ACA).
This is important news for individuals with pre-existing conditions, such as blood cancer. These consumers can no longer be denied coverage.
Some changes already implemented under the ACA have benefited patients, including the ban on lifetime limits on care, the ability of dependents to stay on their parent's insurance up to age 26, and coverage of preventative benefits.
However, with all the attention on the cost of premiums as well as the politics of implementing the law, it is easy to forget the many important factors you should consider when purchasing insurance. The costs you could face extend well beyond premiums, and you want to be sure that you are protected against high back-end costs.
Milliman Report on Healthcare Exchanges in Four States
As part of LLS's efforts to help educate patients about the Affordable Care Act, we have commissioned a report that provides an early look at the 2014 individual benefit designs, coverage benefits and premiums for policies sold on four state health insurance exchanges - California, New York, Florida and Texas. Narrow networks and high cost-sharing are among the concerns raised by the report. Click here to view the full Milliman Report on Healthcare Exchanges in Four States.