Brief Summary of the Affordable Care Act
Goals of Obamacare
The Affordable Care Act (ACA) made significant changes to the way U.S. health care is financed, organized, and delivered. Its primary goal is to increase access to affordable health care for the medically uninsured and underinsured. To that end, the law included a complex set of interconnected provisions that address the private health insurance market. Health Insurance Standards. First, the ACA requires health insurers to comply with a set of Federal standards (“market reforms”) to ensure that individuals may purchase, keep, and renew coverage that provides a minimum level of benefits and consumer protections, with some limits on costs. Health…
