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New Law Means Better Care, Lower Costs for Wisconsin
This new law helps to free the American people from the dominance of the health insurance industry, which has dictated how and whether they get health care coverage for far too long. It offers Wisconsinites access to good, affordable health care that will significantly reduce health care costs over time. According to the non-partisan Congressional Budget Office, this historic legislation will provide coverage to 32 million Americans while reducing the federal deficit by $143 billion over the next ten years, with an estimated $1.2 trillion in additional deficit reduction in the following decade.
Reforms that Work for Wisconsin Families and Businesses:
- Bars insurance companies from discriminating based on pre-existing conditions, health status, and gender.
- Provides Wisconsinites with better coverage and the information they need to make informed decisions about their health insurance.
- Creates health insurance exchanges – competitive marketplaces where individuals and small business can buy affordable health care coverage.
- Offers premium tax credits and cost-sharing assistance to low and middle income Wisconsinites, providing families and small businesses with the largest health care tax cut in history.
- Ensures access to immediate relief for uninsured Wisconsinites with pre-existing conditions on the brink of medical bankruptcy.
- Invests substantially in Community Health Centers to expand access to health care in communities where it is needed most.
- Wisconsin's insurance commissioner and the Department of Health and Human Services can conduct annual reviews of new plans demanding unjustified, egregious premium increases.
Changes Wisconsinites Will See This Year:
- Tax credits for up to 84,395 Wisconsin small businesses to help make coverage more affordable
- More money for community health centers in Wisconsin
- Wisconsin seniors will receive a $250 rebate for the Medicare prescription drug "doughnut hole"
- Lower costs for early retirees
- Children will no longer be denied care for "pre-existing conditions"
- Young people keep parents' insurance until age 26
- Insurance companies can't cancel your insurance if you get sick
- No more lifetime limits on coverage
- Adults uninsured because of pre-existing conditions will have access to affordable insurance through a temporary subsidized high-risk pool
What the New Health Care Law Means for:
Small Businesses
Working Families
Rural Wisconsinites
Seniors
Women
Young Adults
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