WASHINGTON (Reuters) – President Barack Obama's administration on Tuesday formally proposed new rules requiring insurers to cover people with preexisting conditions and set minimum health benefits to millions of others under U.S. healthcare reform law.
Two weeks after Obama's re-election ensured the survival of the 2010 law that Republicans have vowed to repeal, the proposal is the first in an expected deluge of rulemaking to implement the law in time for its Jan. 1, 2014, start date.
Defining essential benefits, guaranteeing sick people access to coverage and promoting healthy living are well-known goals of the Patient Protection and Affordable Care Act. But the proposed rules set down in writing how each would be accomplished while giving stakeholders and the public an opportunity for comment.
The benefits rule provides states and insurers guidance on benefits and costs that must be covered through new state-based online healthcare exchanges, and through small-group and individual plans that are outside the exchanges but not grandfathered under the law.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
