Today marks the 90 day anniversary of the signing of the Affordable Care Act, the landmark new law that puts consumers, not health insurance companies, in charge of their own health care and HHS Secretary Sebelius will be on hand tomorrow to answer questions from the American people about the new law in a live web chat.
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In just three months, significant progress has been made to implement the new law -- insurance companies have stopped rescinding care from patients when they need it most, employers are gaining new resources to help maintain retirees’ health coverage, seniors hitting the “donut hole” are receiving a one-time, tax free $250 check to help subsidize prescription drug costs, small businesses are taking advantage of tax credits that make it more affordable to provide insurance to their employees, and more parents have been able to keep their kids under 26 years of age on their health plans.
To recognize the 90 day anniversary, President Obama will give a speech tomorrow about the important work being done to deliver the benefits and cost savings of the new law to the American people and begin leveling the playing field by making the insurance market more competitive as we move toward 2014 when individuals and small businesses will have access to more affordable choices through state Exchanges – the same choices as members of Congress. He will also meet with insurance company CEO’s -- and some of the nation’s leading State insurance commissioners who are conducting important oversight into premium increases -- to discuss the need to work together to implement the new law and to fairly deliver its immediate benefits to consumers by avoiding unjustified premium increases.
Watch the event live tomorrow at WhiteHouse.com/live.