The Affordable Care Act, also known as Obamacare, is a comprehensive healthcare reform law enacted in March 2010. Its primary goals are:
- Making Affordable Health Insurance Available:
- The ACA provides subsidies (also called premium tax credits) to lower costs for households with incomes between 100% and 400% of the federal poverty level (FPL).
- It expands the Medicaid program to cover all adults with income below 138% of the FPL (although not all states have expanded Medicaid).
- Supporting Innovative Medical Care Delivery:
- The ACA encourages innovative methods to lower overall healthcare costs.
- What to Expect:
- Affordable Health Insurance: You can access affordable health insurance with benefits such as check-ups, prescription drugs, etc.
- Protections: The ACA safeguards you from surprise medical bills and ensures essential health services.
- Coverage Options: Explore different health insurance plans and choose one that suits your needs.
- Application Process:
- Fill out an application: Provide information about your household and income.
- Choose a plan: Select a health insurance plan that fits your requirements.
- Pay premiums: If eligible, pay the monthly premium for your chosen plan.
- Free Help Available: Certified application counselors and resources like Healthcare.gov can assist you during enrollment.
Remember, the ACA aims to improve healthcare access and affordability for millions of Americans. If you have further questions, explore the official Healthcare.gov website.