What is Affordable Care Act?

The Affordable Care Act, also known as the health care law or Obama Care, was created to

  • expand access to affordable health care coverage to all Americans
  • lower the costs of health insurance
  • improve the quality and care of the health insurance system in the United States

The Affordable Care Act main provisions include the following:

  • Prevent insurance companies from discriminating based on pre-existing conditions, health status, and gender.
  • Provide individuals with information needed to make informed decisions about health insurance.
  • Create health insurance exchanges which are competitive marketplaces where individuals and small businesses can buy affordable health care coverage in a manner similar to that of big businesses.
  • Offer premium tax credits and cost-sharing assistance to low- and middle-income Americans.
  • Insure access to immediate relief for uninsured Americans with pre-existing conditions.

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