What is the Affordable Care Act also known as quizlet?
Asked by: Jerome West | Last update: October 28, 2025Score: 4.8/5 (16 votes)
What is Affordable Care Act also known as?
Signed into law on March 23rd, 2010, The Patient Protection and Affordable Care Act (ACA) is also known as healthcare reform.
What is the Affordable Care Act also referred to as quizlet?
The Federal Patient Protection and Affordable Care Act is sometimes referred to as: Obama Care. The Federal Patient Protection and Affordable Care Act is a federal law signed by President Obama in 2010 as part of the United States health care reform. The PPACA is more commonly referred to as Obama Care.
What is a popular name for the Affordable Care Act?
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 is ACA Quizlet?
Affordable Care Act Flashcards | Quizlet.
Here's Why the Affordable Care Act Is So Controversial | History
What is ACA known for?
The Affordable Care Act (ACA) is a comprehensive reform law, enacted in 2010, that increases health insurance coverage for the uninsured and implements reforms to the health insurance market. This includes many provisions that are consistent with AMA policy and holds the potential for a better health care system.
What is the primary goal of the Affordable Care Act?
The ACA has three primary goals at its foundation, collectively known as the Triple Aim. The Triple Aim goals are: improve patient care, improve population health, and reduce the cost of health care.
What is the real name for Obamacare?
Affordable Care Act (ACA) The comprehensive health care reform law was enacted in March 2010. A measure of income issued every year by the Department of Health and Human Services (HHS).
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.
What is another name for a policy that existed before the Affordable Care Act?
Grandfathered Plans - Grandfathered plans are health plans that were in place before March 23, 2010, when the Affordable Care Act was signed into law.
What is the colloquial term for the Affordable Care Act?
Obamacare is a colloquial term used to describe the Affordable Care Act (ACA).
Are the Patient Protection and Affordable Care Act and Obamacare the same thing?
“Obamacare” and the “Affordable Care Act” are the SAME thing. A recent article in the New York Times reported survey results showing that one-third of the people surveyed did not know that “Obamacare” and the “Affordable Care Act” refer to the same law.
What is another name for the Affordable Care Act quizlet?
The Patient Protection and Affordable Care Act, PPACA, the Affordable Care Act, the ACA, or, sometimes, "Obamacare." The first version of the law was called the Patient Protection and Affordable Care Act (PPACA). This ungainly name was then shortened to the "Affordable Care Act" (ACA) when the law was amended.
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 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.
What is the Affordable Care Act in simple terms?
About the Affordable Care Act
The law provides consumers with subsidies (“premium tax credits”) that lower costs for households with incomes between 100% and 400% of the federal poverty level (FPL). Expand the Medicaid program to cover all adults with income below 138% of the FPL.
Can I refuse health insurance from my employer and get Obamacare?
Obamacare is available to everyone, whether or not their employers offer insurance. From a practical standpoint, though, there are financial consequences to doing this. Often, an employer subsidizes part or all of their employees' coverage.
Who is eligible for ACA benefits?
All full-time permanent, full-time nonpermanent and ongoing variable-hour, part-time and seasonal employees are eligible for benefits. If an employee is full-time or meets the 30-hour eligibility requirement, he should be offered benefits.
Does social security count as income for Obamacare?
Include both taxable and non-taxable Social Security income. Enter the full amount before any deductions. Include all unemployment compensation that you get from your state.
What disqualifies you from the premium tax credit?
For tax years other than 2021 and 2022, if your household income on your tax return is more than 400 percent of the federal poverty line for your family size, you are not allowed a premium tax credit and will have to repay all of the advance credit payments made on behalf of you and your tax family members.
Can you have Medicaid and marketplace insurance at the same time?
Keeping both Marketplace and Medicaid and CHIP
If you have qualifying health coverage through Medicaid or CHIP coverage, you'll pay full price for your Marketplace plan premium and covered services.
What does cobra status allow you to do?
The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss, ...
Who pays for the Affordable Care Act?
The federal government covers 90% of the cost of Medicaid expansion. Individual Mandate: The ACA also originally included an “individual mandate” or requirement for most people to maintain health insurance.