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Unformatted text preview: on. Health insurance companies will also be bar red from denying adults applying for coverage if they have a pr 3. You cant be Denied I nsurance 4. You Can Spend What You Need To Prior to the new law, health insurance companies set a maximum limit on the monetary amount of benefits that a policyholder could receive. This meant that those who developed expensive or long-lasting medical conditions could run out of coverage. Staring this year, companies will be barred from instituting caps on coverage. 5. You Dont Have To Wait If you currently have pre-existing conditions that have prevented you from being able to qualify for health insurance for at least six months you will have coverage options before 2014. Starting this fall, you will be able to purchase insurance through a state-run high-risk pool, which will cap your personal out-of-pocket expenses for healthcare. You will not be required to pay more than $5,950 of your own money for medical expenses; families will not have to pay any more than...
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- Spring '10