Patient Protection and Affordable Care Act

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Last updated 9:39 PM on 2/21/23
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4 key tenets of the ACA
individual mandate, employer requirements, expansion of public programs, changes to private health insurance
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individual mandate
everyone required to have insurance or pay tax penalty, introduced health insurance marketplace
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employer requirements
employers with more than 50 employees offer insurance
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expansion of public programs
incentivized expanding medicaid eligibility to cover lower incomes that were not previously eligible, expand CHIP funding
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changes to private health insurance
eliminated lifetime annual caps and limits on reimbursement, men and women pay equal, cannot deny/charge more for coverage due to pre existing conditions, children covered up to 26 yrs, contraceptive coverage

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