New resources from APTA help explain how the health insurance exchanges (exchanges)—a fundamental component of the Affordable Care Act—will affect providers of physical therapy services. The health care reform law created exchanges to provide competitive marketplaces for individuals and small employers to directly compare available private health insurance options on the basis of price, quality, service, and other factors. The primary purpose of the exchanges is to enhance competition in the health insurance market, improve choice of affordable health insurance, and give small business the same purchasing clout as large business.
Find links to general resources, APTA comments and summaries of exchange rules, and related resources, particularly essential health benefits, on APTA's new Health Insurance Exchanges webpage.
Following UnitedHealth's announcement on Monday that it would maintain several health coverage protections included in the Affordable Care Act regardless of the Supreme Court's ruling on the law, Aetna Inc and Humana Inc made similar pledges later in the day, says an article by Reuters.
The 3 insurers will allow children to stay on their parents' plans up to age 26 and will maintain a provision that provides clear ways for members to appeal coverage claim decisions.
UnitedHealth and Humana said they will keep 2 other provisions—forgoing lifetime dollar coverage limits on policies and eliminating rescissions, which are generally considered to be retroactive policy cancellations, except in the case of fraud. It was not immediately clear where Aetna stood on those provisions, says the article.
Cigna Corp, another large national insurer, said it was "prepared to proceed as appropriate on behalf of our customers when the court deliberations reach their conclusion."