Affordable Care Act
The Affordable Care Act was designed to increase health insurance quality and affordability, lower the uninsured rate by expanding insurance coverage and reduce the costs of healthcare.
The Patient Protection and Affordable Care Act, often shortened to the Affordable Care Act (ACA) and nicknamed Obamacare, is a United States federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010. Under the act, hospitals and primary physicians would transform their practices financially, technologically, and clinically to drive better health outcomes, lower costs, and improve their methods of distribution and accessibility.
The Affordable Care Act was designed to increase health insurance quality and affordability, lower the uninsured rate by expanding insurance coverage and reduce the costs of healthcare. It introduced mechanisms including mandates, subsidies and insurance exchanges. The law requires insurers to accept all applicants, cover a specific list of conditions and charge the same rates regardless of pre-existing conditions or sex.
SeniorAge helps individuals who need insurance navigate the insurance marketplace to find acceptable, qualifying insurance. For more information, contact us at 417-862-0762.
“The project described was supported by Funding Opportunity Number NAAVCA 210402-01-00 from the Centers for Medicare & Medicaid Services. The contents provided are solely the responsibility of the authors and do not necessarily represent the official views of HHS or any of its agencies.”
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Need Health Insurance? Have questions about what you could pay for health insurance? The Health Insurance Marketplace is a new way to find coverage that fits your budget and meets your needs. Whether you are uninsured or just want to explore your o…