Understanding the Affordable Care Act

On March 23, 2010, President Obama signed into law the Affordable Care Act. The law puts into place comprehensive health insurance reforms that will hold insurance companies more accountable, lower health care costs, guarantee more health care choices, and enhance the quality of health care. The Act will not be implemented all at once. Portions of the law have already taken effect. Other changes will be implemented through 2014 and beyond.

The healthcare.gov website, explains the changes including:

• The strengthening of Medicare
• The reduction of healthcare disparities
• A new Patient’s Bill of Rights 
• A timeline showing when changes will occur

Tweet