How Health Insurance Works for women. For women in the United States, health insurance has come a very long way in the last few years, thanks in large part to the dramatic improvements and consumers protections brought about by Obamacare. This is particularly true in the individual market, where previous reforms and mandates had rarely applied.
Most of the law’s provisions were implemented at the beginning of 2014. Prior to that, more than half of individual plans charged higher premiums for a 40-year-old female non-smoker than for a 40-year-old male smoker. The practice of charging women more than men for the exact same coverage was costing women roughly $1 billion per year by 2012.
Watch this video about how health insurance works for women.
Most of the law’s provisions were implemented at the beginning of 2014. Prior to that, more than half of individual plans charged higher premiums for a 40-year-old female non-smoker than for a 40-year-old male smoker. The practice of charging women more than men for the exact same coverage was costing women roughly $1 billion per year by 2012.
Watch this video about how health insurance works for women.