A quick list, because there seems to be a great deal of confusion:
- Adult children may remain as dependents on their parents’ policy until age 26
- Children under age 19 may not be excluded for pre-existing conditions
- No more lifetime or annual caps on coverage
- Free preventative care for all
- Adults with pre-existing conditions may buy into a national high-risk pool until the exchanges come online. While these will not be cheap, they’re still better than total exclusion and get some benefit from a wider pool of insureds.
- Small businesses will be entitled to a tax credit for 2009 and 2010, which could be as much as 50% of what they pay for employees’ health insurance.
- The “donut hole” closes for Medicare patients, making prescription medications more affordable for seniors.
- Requirement that all insurers must post their balance sheets on the Internet and fully disclose administrative costs, executive compensation packages, and benefit payments.
- Authorizes early funding of community health centers in all 50 states (Bernie Sanders’ amendment)