September 23, 2010 – A Big Day for Healthcare Reform

Photo (cc) by Aleera*

In Missouri this week, the two candidates for U.S. Senate argued about it. In Maine, the governor praised it. In South Carolina, the insurance commissioner complained it would drive up premiums. In Illinois, a group with the sexy name of The Health Care Reform Implementation Council is meeting about it.

Welcome to the six-month anniversary of healthcare reform.

September 23 is crucial because that’s when the biggest changes (so far) take effect in the Patient Protection and Affordable Care Act (PPACA). Here’s a summary from the government’s website on healthcare reform.

After September 23, 2010, insurer’s can’t:

And consumers can:

These changes take place for any policy issued or renewed after September 23 – to learn more about each of these new benefits, simply click on any of the links above.

So that’s the good news. Now the bad news…

  1. Most Americans won’t benefit from these changes until after Jan. 1, when their new health plans kick in. Of course, if you get a new plan right after Sept. 23, you’ll see these changes immediately.
  2. Increased coverage could lead to increased premiums. According to this report by the Kaiser Family Foundation, average health insurance premiums have increased 114 percent just since 2000 – healthcare reform isn’t going to immediately reverse that trend. One new report claims that American families are paying 14 percent more for their health insurance coverage this year than last year – an average increase of $482. Most of that jump isn’t because of higher insurance rates – it’s because employers are paying less of the cost. And that’s another trend that will probably continue – yet another study [PDF] says that next year, 63 percent of employers will hike the percentage their employees contribute and 46 percent will increase employee out-of-pocket costs.
  3. Some health insurance providers would rather drop than switch. In St. Louis, two big insurers have announced they won’t offer any more health insurance policies solely covering children, because of the pre-existing condition provisions of the new law.

The “full force” of healthcare reform doesn’t happen until 2014. Tomorrow is just the appetizer – and very likely a catalyst for increased debate over health care and our government’s role in it. Stay tuned.

In the meantime, if you’re looking for health insurance right now, our health insurance comparison tool can help.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
13 Affordable Products for a Better Night’s Rest
13 Affordable Products for a Better Night’s Rest

These Amazon products can help you finally catch 40 winks — or more.

Prepare to Pay More for These 31 Drugs in 2021
Prepare to Pay More for These 31 Drugs in 2021

More than 700 prescription medications have seen price hikes so far this year. Here’s a look at the worst.

27 Things You Should Never Pay For — and How to Get Them for Free
27 Things You Should Never Pay For — and How to Get Them for Free

When you know the tricks, you can save big on all kinds of useful things that others pay for.

This Is the Best Age to Buy Long-Term Care Insurance
This Is the Best Age to Buy Long-Term Care Insurance

If you wait too long to apply for coverage, you could be denied. So, when’s the sweet spot to apply?

The 5 Worst Home Upgrades for the Money
The 5 Worst Home Upgrades for the Money

These home improvement projects basically never pay off.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
7 Kirkland Signature Items to Avoid at Costco
7 Kirkland Signature Items to Avoid at Costco

Even if it seems you save a bundle buying Costco’s Kirkland Signature brand products, they may not be the bargain they appear to be.

How to Buy Gas At Costco Without a Membership
How to Buy Gas At Costco Without a Membership

The warehouse club often has some of the cheapest gas in town. Here’s how you can get it as a nonmember.

10 Things to Stop Buying If You Want a Clutter-Free Home
10 Things to Stop Buying If You Want a Clutter-Free Home

If you like to keep things simple, avoid these purchases.

A Simple Way to Silence Robocalls Today
A Simple Way to Silence Robocalls Today

A few steps can keep your phone from ringing when a spammer calls.

This Company Makes the Best Tires in America
This Company Makes the Best Tires in America

Driver satisfaction with tires is at an all-time high, but one brand stands out.

If You Find This Thrift Shopping, Buy It
If You Find This Thrift Shopping, Buy It

This iconic dinnerware is prized for everyday use as well as reselling for profit.

This Health Issue Can Hint at Dementia Years in Advance
This Health Issue Can Hint at Dementia Years in Advance

One type of pain is especially associated with cognitive decline.

Can I Switch to Spousal Social Security Benefits When My Ex Dies?
Can I Switch to Spousal Social Security Benefits When My Ex Dies?

Knowing when to claim can help you maximize benefits.

Prices Are Soaring on These 7 Items
Prices Are Soaring on These 7 Items

Some surprise price jumps are making life more difficult for consumers.

Medicare Will Not Cover These 6 Medical Costs
Medicare Will Not Cover These 6 Medical Costs

Don’t let these health care expenses catch you off guard in retirement.

8 Things You Should Always Buy on Amazon
8 Things You Should Always Buy on Amazon

The giant retailer shines when it comes to these things, from basics to hard-to-find specialty goods.

Beware This Hidden Ingredient in Rotisserie Chicken
Beware This Hidden Ingredient in Rotisserie Chicken

Something foul may lurk in those delicious, ready-to-eat birds.

5 Ways to Get Amazon Prime for Free
5 Ways to Get Amazon Prime for Free

Hesitant to drop $119 a year on an Amazon Prime membership? Here’s how to get it for free.

5 Ways to Fill Your Pantry With Free Food
5 Ways to Fill Your Pantry With Free Food

Anyone can take advantage of these resources.

5 States With the Worst Health Care for Retirees
5 States With the Worst Health Care for Retirees

All of these states are located in the same region of the nation.

7 Big Purchases You Should Never Make
7 Big Purchases You Should Never Make

Sometimes a big-ticket purchase is nothing more than a big waste of money.

6 Reasons You Should Stop Hiding Cash at Home
6 Reasons You Should Stop Hiding Cash at Home

Stashing money around the house is anything but harmless.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

5 Products You Should Never Buy Generic
5 Products You Should Never Buy Generic

Sometimes the brand-name version is clearly superior.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.