If you're exploring health coverage options, you've probably heard of the Affordable Care Act (ACA). But what exactly is it, and how does it help you and your family? Let’s break it down.
What is the Affordable Care Act?
The ACA, sometimes known as Obamacare, is a health care reform law passed in 2010. Its main goal is to make health coverage more affordable and accessible for Americans.
What are the goals of the ACA?
- Make health coverage more affordable
The ACA provides financial help with premium tax credits and cost-sharing reductions to individuals and families with low-to-moderate incomes. - Expand Medicaid coverage
The law allows states to expand Medicaid to cover more low-income adults. - Improve the health care system
The ACA encourages new ways of delivering care that focus on quality over quantity, helping reduce overall health care costs.
How can the ACA help you?
Coverage for pre-existing conditions
Before the ACA, you could be denied coverage or charged higher premiums if you had a chronic condition like asthma, diabetes or cancer. Now, you can’t be denied coverage or charged more because of your health history. This protection applies to all ACA-compliant plans.
Essential health benefits
All ACA plans must cover a set of 10 essential health benefits, including:
- Doctor visits and outpatient care
- Emergency services
- Prescription drugs
This ensures that your plan covers the care you need, not just the basics.
Free preventive care
With an ACA plan, many preventive services are covered at no cost to you, even before you meet your deductible. Preventive care helps catch health issues early, when they’re easier and less expensive to treat.
These services include:
- Annual check-ups
- Vaccinations (like flu shots and COVID-19 vaccines)
- Screenings for blood pressure, cholesterol, and certain cancers
- Birth control and family planning services
- Well-child visits
Young adult coverage
If you’re under 26, you can stay on your parents’ health coverage – even if you’re:
- Married
- Not living at home
- Not financially dependent
- In school or working
This gives young adults more time to transition to their own coverage when they’re ready.
Marketplace access
The ACA created the Health Insurance Marketplace, where you can:
- Compare plans side-by-side
- See if you qualify for financial help
- Choose a plan that fits your health needs and budget
The Marketplace makes it easier to shop for coverage, especially if you don’t get coverage through an employer.
Who is eligible for ACA coverage?
You may be eligible to buy health coverage through the ACA Marketplace if you meet the following criteria: