What happened during the Affordable Care Act?
Asked by: Dr. Emile Hettinger | Last update: September 22, 2025Score: 4.4/5 (56 votes)
What happened in the Affordable Care Act?
It did so by expanding Medicaid to people with incomes up to 138% of the federal poverty level (the poverty level in the continental U.S. is $15,060 for a single individual in 2024); creating new health insurance exchange markets through which individuals can purchase coverage and receive financial help to afford ...
What 3 things did the Affordable Care Act do?
The Patient Protection and Affordable Care Act (ACA) has 3 main objectives: (1) to reform the private insurance market—especially for individuals and small-group purchasers, (2) to expand Medicaid to the working poor with income up to 133% of the federal poverty level, and (3) to change the way that medical decisions ...
What is the major result of the Affordable Care Act passed in 2010?
When fully implemented, the Act will cut the number of uninsured Americans by more than half. The law will result in health insurance coverage for about 94% of the American population, reducing the uninsured by 31 million people, and increasing Medicaid enrollment by 15 million beneficiaries.
In which 3 ways did the Affordable Care Act affect individuals?
- If you get sick, an insurance company cannot cancel your policy.
- Health insurance companies cannot turn down your application because of your health status.
- Women can no longer be charged more for insurance than men.
Obamacare Explained: Understanding the Affordable Care Act
What is the biggest problem with the Affordable Care Act?
Impact on Individual Insurance
It was also known that consumers would face a very different health insurance world under the ACA, with some people seeing their premiums go down and some seeing them go up, and the majority of Americans seeing higher deductibles, higher copays, and a smaller pool of providers.
Who benefits most from the Affordable Care Act?
The biggest winners from the law include people between the ages of 18 and 34; blacks; Hispanics; and people who live in rural areas.
What are the pros and cons of the Affordable Care Act?
The pros of the ACA include prohibiting insurance companies from denying coverage based on health history and providing subsidies to reduce premiums and out-of-pocket costs. The cons of the ACA include small business challenges and limited provider options in some regions.
Who is not eligible for Obamacare?
Must live in the United States. Must be a U.S. citizen or national (or be lawfully present). Learn about eligible immigration statuses. Cannot be incarcerated in prison or jail.
Who actually wrote the Affordable Care Act?
The Affordable Health Care for America Act (or HR 3962) was a bill that was crafted by the United States House of Representatives of the 111th United States Congress on October 29, 2009.
Why is the Affordable Care Act so important?
Continued implementation of the ACA can increase the number of people covered by health insurance and help reduce costs in the health system. The ACA helps cut high U.S. health care costs.
How much is Obamacare a month for a single person?
Monthly premiums for Affordable Care Act (ACA) Marketplace plans vary by state and can be reduced by premium tax credits. The average national monthly health insurance cost for one person on an Affordable Care Act (ACA) plan without premium tax credits in 2024 is $477.
Who pays for Obamacare?
Here, we take a closer look at the coverage options and costs associated with ACA subsidies, and how they fit into overall healthcare spending. The federal government subsidizes health insurance for over 150 million Americans through various programs and tax benefits.
What were the 3 goals of the Affordable Care Act?
Overview of the Affordable Care Act (ACA)
The Triple Aim goals are: improve patient care, improve population health, and reduce the cost of health care.
What did Obama do for health care?
The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and informally as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
What did the Affordable Care Act do to the economy?
Lower long-term deficits due to the ACA will mean higher national saving, which will increase capital accumulation and reduce foreign borrowing, thereby making workers more productive and increasing national income and living standards over time. 4. Improving health and making workers more productive.
What is the highest income to qualify for ACA?
In 2025, you'll typically be eligible for ACA subsidies if you earn between $15,060 and $60,240 as a single person. A family of four is eligible with a household income between $31,200 and $124,800.
What is the 30 hour rule for ACA?
If an employee is credited with an average of 30 hours per week or more during the Standard Measurement Period, the employee would be eligible for benefits for the upcoming plan year. The Stability Period is the period of time that the employee cannot lose eligibility regardless of the hours he works.
What was one consequence of the Affordable Care Act?
The ACA has generally been associated with significant improvements in access and affordability and increases in outpatient utilization among low-income populations, but changes in inpatient utilization and health outcomes have been less conclusive.
Does Obamacare cover surgery?
All plans offered in the Marketplace cover these 10 essential health benefits: Ambulatory patient services (outpatient care you get without being admitted to a hospital) Emergency services. Hospitalization (like surgery and overnight stays)
Who does not benefit from the Affordable Care Act?
Individuals with incomes exceeding 400 percent of the federal poverty level (FPL; $46,680 for an individual, $95,400 for a family of four) are ineligible for either Medicaid or Marketplace tax credits. This group represents 16 percent of the ineligible, uninsured population. 2.
Did Obamacare help black people?
After the main ACA provisions went into effect in 2014, coverage disparities declined slightly as the percentage of adults who were uninsured decreased by 7.1 percentage points for Hispanics, 5.1 percentage points for Blacks, and 3 percentage points for Whites.
What was healthcare like before Obamacare?
Before the ACA, insurance companies used medical underwriting to determine whether to offer a person coverage, at what price, and with what exclusions or limits based on the person's health status; the purpose was to ensure a healthy risk pool by requiring people to pay premiums that reflected their expected medical ...