29 June 2012

Friday Top 5

In case you've been, I don't know, in a coma for the last 24 hours, SCOTUS voted to uphold the Affordable Care Act. Even more amazingly, Chief Justice Roberts was the deciding vote (and whoever had that in their office pool just made a MINT).

Top 5 Best Things About ACA:
  1. Children can no longer be denied coverage because of pre-existing conditions. Starting in 2014, ADULTS can no longer be denied coverage because of pre-existing conditions. Also, being a woman is no longer a pre-existing condition.
  2. People can stay on their parents' insurance up to age 26 (I definitely could have used this when I was fresh out of college and badly underemployed).
  3. It encourages a paradigm shift to PREVENTATIVE care (you know, addressing things before people have big, expensive, intractable chronic disease type problems) by making many preventative wellness services free.
  4. Health insurance companies are now required to spend 80% of their revenue providing, you know, HEALTH CARE. Think that sounds extreme? Would you give to a charity that spent more than 20% on overhead?
  5. You no longer have a lifetime limit on coverage. Think that's not a major issue? Medical costs and issues cause over 50% of personal bankruptcies
Don't feel like wading through a 2000 page bill? Here's a good plain English explanation of the key elements. 

Also, this

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