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What is ObamaCare

The official name for “ObamaCare” is the Patient Protection and Affordable Care Act (PPACA), or Affordable Care Act (ACA) for short.

  • The ACA was signed into law to reform the health care industry by President Barack Obama on March 23, 2010 and upheld by the Supreme Court on June 28, 2012.
  • Obamacare’s goal is to give more Americans access to affordable, quality health insurance and to reduce the growth of health care spending.
  • Another primary goal of Obamacare is the expansion of coverage to individuals who were previously unable to purchase insurance due to pre-existing conditions.
  • The Affordable Care Act expands the affordability, quality, and availability of private and public health insurance through subsidies, taxes, and insurance exchanges.
  • ObamaCare does not replace Private Insurance, Medicare or Medicaid.
  • ObamaCare doesn’t regulate your health care; it regulates health insurance.

Benefits of ObamaCare

  1. Allows children to stay on their parents plan until age 26.
  2. Insurance companies can no longer deny you coverage or charge you more due to your health condition or status.
  3. Requires all insurance companies to cover pre-existing conditions.
  4. You can no longer be dropped from your coverage due to injury or illness.
  5. Prevents gender discrimination.
  6. Provides assistance to help subsidize the cost of your health care.
  7. Provides tax breaks to small businesses.
  8. Requires large business to provide insurance.
  9. No more annual or life-time dollar limits.
  10. Making it easier for children to get on CHIPS.
  11. Improved Medicare for seniors.