There is reason after reason after reason that women win big thanks to this ruling. Women pay more for their insurance policies than men do sometimes in large numbers. Women have to spend money on items that men don’t and thus have more money out of pocket due to healthcare costs like birth control etc. Women are significantly more likely to be treated by insurance companies as having a “pre-existing condition” if they are pregnant or had a Caesarian birth at some point in their life (1/3 of all pregnancies).
It’s important to note that this isn’t a loss for men and it certainly isn’t a loss for the federal government that will reduce the deficit significantly more due to the bill.
Forbes explains this HERE:
Women are big financial winners in this decision … The first is the elimination of gender rating, or charging women more because they’re women, pure and simple. The National Women’s Law Center recently found that in states that haven’t banned the practice, over 90% of the best selling plans charge women more than men, even though only 3% of them cover maternity services. In fact, even when maternity care is excluded, almost a third of plans charge women at least 30% more than men for the same coverage. One plan even charges 25-year-old women 85% more than men. All told, the practice costs women about $1 billion a year.
That will now become illegal in 2014, after the ACA is fully implemented.
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