Quote:
Originally Posted by SoCalGirl
As of today, only children under 19 cannot be denied for pre-existing conditions. Adults will have that in 2014. Currently though those same children can be charged at a much much higher cost than healthy children. That will also change in 2014.
The individual mandate starts in 2014. Open enrollment will begin in about 16 months on 10/01/2013. Coverage will begin 01/01/2014.
The only thing carriers will be able to rate on is age, geographic location, and tobacco use.
The CMS summary of the law is around 600 pages and can be found online. It's worth a read.
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You're right. I forget that those other two don't technically go into effect until 2014 because Michigan has a law that the insurer I work for can't deny for pre-existing and can't charge at a higher rate that is already in effect. My employer is very thankful that PPACA will level the playing field so we aren't the only one bound to those rules. It puts quite a strain on the company when they are the only insurer in the whole state is bound that way.