5 Matching Annotations
  1. Aug 2019
    1. Asfarbackasthe1950sthosewithpre-existingillnessesgen-erallyfoundindividualinsurancepoliciesunaffordablebecauseinsurerscouldchargehigherpremiumstothosewithahistoryofillness.TheACAincreasedindividualcoverageby:prohibit-inginsurancecompaniesfromexcludingpeopleorchargingmoreforpre-existingconditions;mandatingthatallindividualsobtaininsurance;andbyhelpingindividualspayforthisthroughincome-basedpremiumsubsidies.

      Before ACA if private insures knew someone had an illness they would raise prices forcing them to pay more if they wanted insurance. Under ACA making someone pay more because of illness is prohibited under ACA.