Patient Protection and Affordable Care Act

4 key tenets of the ACA

individual mandate, employer requirements, expansion of public programs, changes to private health insurance

individual mandate

everyone required to have insurance or pay tax penalty, introduced health insurance marketplace

employer requirements

employers with more than 50 employees offer insurance

expansion of public programs

incentivized expanding medicaid eligibility to cover lower incomes that were not previously eligible, expand CHIP funding

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