Landrieu Introduces Bill To Ensure Individuals Can Keep Health Plan if They Like It
WASHINGTON - Today, U.S. Senator Mary L. Landrieu, D-La., introduced the Keeping the Affordable Care Act Promise Act. When the Affordable Care Act (ACA) was passed, a promise was made that if you liked your health insurance, you could keep it. Amid reports that some individual health plans that don't meet the minimum benefits required under the ACA will be cancelled, Sen. Landrieu's legislation will ensure the intent of the law is followed.
While many consumers may choose to purchase new plans once they learn of the additional benefits and value available through the new Marketplaces, they will be able to keep their current plan if they like it.
"When we passed the Affordable Care Act, we did so with the intention that if you liked your health plan, you could keep it. A promise was made and this legislation will ensure that this promise is kept. For many consumers, plans in the Marketplaces may offer superior coverage at a good value that saves them money. But people should be able to keep their plans if they want to," Sen. Landrieu said. "I have said repeatedly that the Affordable Care Act isn't perfect, and I am willing to work with anyone who wants to improve it and implement it correctly. Middle class families and businesses need and deserve access to quality, affordable health insurance, and I hope that leaders from around the country and from both parties will join me in this effort."
Sen. Landrieu's legislation will allow individuals to keep their current health plan at their choice as long as policyholders stay up-to-date with their payments. It will also provide policyholders information from their insurance company as to which parts of the policy do not meet minimum coverage standards made available in new plans, such as hospitalization, laboratory services and prenatal care. This will allow consumers to make informed decisions about their health plans.