The Affordable Care Act has made many provisions to give security to insured persons especially families with children. By 2014 all the provisions of the act will come into force. The creation of the Health Insurance Marketplace will give freedom of choosing health insurance of choice on affordable rates. Some of the provisions made in the Affordable Care Act for Families with children are discussed below. Insurance companies are prohibited from imposing lifetime dollar limits on essential health benefits. The annual dollar limits will also be abolished in 2014.

  • The act has held insurance company accountable to spend premium dollars paid by the customer on health care only. The cost of advertising or bonuses for executives is not counted as primary concerns. The insurance companies must publicly justify any unreasonable rate hikes henceforth.
  • The Affordable Care Act prevents insurance companies from denying coverage to women or charging more due to pre-existing conditions. This includes cancer and pregnancy. Insurance companies are also prohibited from denying coverage to children on pre-existing condition.
  • The law has offered a new program called the Pre-Existing Condition Insurance Plan (PCIP). It offers coverage for uninsured people with pre‑existing conditions until new insurance market rules prohibiting discrimination against anyone with a pre-existing condition comes fully into force from 2014.
  • The Affordable Care Act has expanded options of health insurance for pregnant women. Pregnant women are specially covered under Medicaid along with their infants at little or no cost if they have limited income. Some states offer them coverage under Children’s Health Insurance Program or CHIP.
  • Parents can include their children under age 26 in their health plan if the plan allows for dependent coverage. Only in case of the child getting his own job based plan alongside his parent’s existing job-based plan, he will be excluded from his parent’s health plan.
  • People earning less than the equivalent of about $88,000 for a family of four and having no job based affordable health coverage can ask for tax credits to get help in paying for insurance. This law will be enforced from 2014.
  • From 2014 one can directly buy insurance from Health Insurance marketplace if the employer doesn’t offer insurance. It gives the consumer power to choose the best fitted insurance for him in a transparent and competitive way from wide variety of insurance options.
  • Job-based health plans and new individual plans cannot deny or exclude coverage to the baby if the woman is pregnant. He will be insured till age of 19. Health conditions, including babies born with health problems cannot be used to deny coverage.
  • Essential health benefits such as pregnancy and newborn care will be covered in all plans. Other essential benefits covered in all new individual, small business and Exchange plans are vision and dental care for children.
  • Job-based health plans and new individual plans cannot deny or exclude anyone or charge more for a pre-existing condition, including pregnancy or a disability from 2014.
  • The Affordable care Act requires new health plans to cover certain preventive services without cost sharing.