Obamacare also known as the Affordable Care Act, is an United States federal statue enacted by the 111th United States Congress signed into law by former President Barack Obama, that works by mandating that everyone gets health insurance and ensuring that private health insurance companies are constrained from increasing healthcare cost and a host of delivery systems to reform the healthcare industry. The Patient Protection and Affordable Care Act provides subsidies for middle-income families. It also expands Medicaid to more low-income people. The act largely retains the existing structure of Medicare, Medicaid, and the employer market, but individual markets were radically overhauled around a three-legged program.

Though there is still a few gaps that needs to be sustained, overall...ACA has helped millions of uninsured individuals have access to affordable health insurance. Ensuring insurance companies cover pre-existing conditions, including requiring the ten essential benefits, free preventative care, allowing your dependents to stay on your plan until the age 26, removing lifetime limits, and much more, the bill overall protects patients from increased cost of the overall healthcare system.

States expanding Medicare and Medicaid is an important role for the States to decide. Furthermore, regardless if it’s Medicaid, Medicare, or Private Plans, one way to reduce healthcare cost is to ensure providers and patients understand that healthcare delivery plays a big part in spending. Fraud, waste, and abuse of health insurance is also a factor that leads to increase cost. Agents and Brokers are important to ensuring individuals understand their plans and get a better understanding of how they can reduce cost.

In conclusion, Obamacare isn’t an insurance plan, it’s a bill signed into law by Former President Barack Obama that allows consumers to purchase a PRIVATE HEALTH INSURANCE PLAN through to Health Insurance Marketplace in an effort to get FINANCIAL ASSISTANCE/HELP with paying their premium based on their income and household size (Federal Poverty Level) along with expansion to Medicare and Medicaid.

For more information or questions about the ACA, please call 678-915-2982. Many individuals are still misconstrued of what it is and how it will benefit them. There are several resources available to help consumers get a better approach at why it’s important and what impact it has had on the healthcare delivery. With more bipartisanship to unite and make our health system better, we can improve the quality of life for all Americans. Open Enrollment ends December 15th.