Since the day the Affordable Care Act was passed in 2010, there has been a steady stream of myths circulating that can make it hard to tell what’s true and what’s made up. Not knowing the difference can lead to a lot of confusion when it comes time to make important decisions about your health care. Below, we've separated fact from fiction for the real truths behind the current health insurance industry's biggest myths. Myth #1: Everyone has fewer benefits now than before the Affordable Care Act. Fact: Despite an NPR polling showing that only one in six adults believe their coverage has increased, Americans are, in fact, receiving additional benefits. The ACA provides guaranteed preventive care, prescription discounts for seniors, free birth control options and the ability to purchase insurance regardless of pre-existing conditions, all of which were not offered previously. Myth #2: Insurance is still way too expensive. Fact: In recent years, the price range and variety of health care plans has improved, ensuring you can find a plan that fits both your budget and the amount of care you might need. Those looking for plans through the ACA Marketplace may also be eligible for a subsidy to help cover these life-saving costs. While you may think going uninsured can save you money, it will likely cost you in the long run. Penalties for being uninsured can add up, in addition to those associated with unexpected medical emergencies. Myth #3: Under the Affordable Care Act, I have to use the Health Insurance Marketplace. Fact: While the marketplace is a useful tool, there are other options available for finding a plan that fits your needs. You can also shop directly through a private insurance company, like Blue Cross Blue Shield of Michigan. One benefit to purchasing directly through an insurance provider is access to advisers who can answer questions and steer you towards the right plan. For answers to more frequently asked health care questions check out the following:
- Top 9 Open Enrollment Questions
- 5 Questions to Ask When Enrolling in a Health Plan
- Are you Making the Most of your Health Care?
Photo Credit: A Healthier Michigan
