What is the Affordable Health Care Act?

Affordable Care Act (ACA) The comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”). 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.

In this manner, what did the Affordable Care Act do?

The Affordable Care Act was designed to reduce the cost of health insurance coverage for people who qualify. The law includes premium tax credits and cost-sharing reductions to help lower costs for lower-income individuals and families.

Also to know, why is the Affordable Care Act so important?

The Affordable Care Act is also improving the quality of our health care while controlling rapidly rising costs. Health care reform requires insurance plans to cover important preventive services, including critical immunizations, numerous health screenings, and counseling services, with no cost-sharing by women.

Who actually wrote the Affordable Care Act?

Jonathan Gruber (economist)Jon GruberBornSeptember 30, 1965Career informationFieldHealth economicsAlma materMassachusetts Institute of Technology (BS) Harvard University (MA, PhD)

Will Obamacare go away?

Repealing individual mandate In December 2018, a federal judge in Texas ruled that the repeal of this “essential” part of the law meant the entirety of Obamacare is therefore unconstitutional. The law, however, remains in place as an appeal heads to the US Supreme Court.