New health-law-prompted regulations were released Tuesday, Kaiser Health News reports. The regulations could likely affect a small fraction of the country, but address key insurance concerns:
- Insurers would no longer be able to deny coverage to kids with pre-existing conditions.
- Certain annual and all lifetime limits on benefits would be prohibited.
- Insurers would no longer be allowed to drop coverage when policy holders get sick.
Obama told a White House audience of 160 people that "Insurance companies should see this as an opportunity to improve care and increase competition," MSNBC reports. "The new regulations being implemented by the Departments of Health and Human Services, Labor, and Treasury, will put in place the strongest consumer protections in the nation's history -- giving Americans 'peace of mind,' Obama said" (Jones, 6/22).
Thursday, June 24, 2010
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