What regulation prevents insurers from discriminating against individuals with pre-existing medical conditions?

The regulation that prevents insurers from discriminating against individuals with pre-existing medical conditions is the Patient Protection and Affordable Care Act, commonly known as the Affordable Care Act (ACA). This landmark legislation, enacted in 2010, introduced several key provisions aimed at expanding healthcare coverage and reducing costs. A significant feature of the ACA is the prohibition against health insurance companies denying coverage or charging higher premiums based on pre-existing health conditions. This ensures that individuals with prior health issues can access affordable life-saving healthcare without the fear of being denied insurance or facing exorbitant costs.

The Affordable Care Act also established health insurance marketplaces, where consumers can compare and purchase plans, and provided subsidies to help lower-income individuals afford coverage. By safeguarding against discrimination related to pre-existing conditions, the ACA plays a crucial role in increasing access to healthcare and protecting vulnerable populations from financial strain related to health care costs.