The Affordable Care Act reformed health insurance by introducing a new Patient's Bill of Rights, one of the key features of the new law, according to the U.S. Department of Health and Human Services. The Bill of Rights protects consumers from abuse by the health insurance industry, by prohibiting health insurance companies from denying coverage because of a pre-existing condition, and prohibiting companies from rescinding coverage because of a technical error.
The new Patient's Bill of Rights also allows individuals to compare coverage options online, and to appeal a decision on coverage made by their insurance company, including an external review process of the appeal, states the HHS.
Increasing access to health care is another key feature of the act, informs the HHS. The act increases access by allowing young adults to stay on their parents insurance up until the age of 26, and establishes better coverage options for early retirees. The act also created the Health Insurance Marketplace with open enrollment for individuals and small businesses.
One key feature of the Affordable Health Care Act is improving quality and lowering costs of health insurance by establishing new policies, such as providing health insurance tax credits for small businesses, according to the HHS. The act also requires health insurance companies to provide certain preventive care services, such as mammograms, for free, meaning no co-pay or deductible.