Affordable Care Act

The Affordable Care Act was signed into law, March 23, 2010. The intention of the  ACA is to lower the cost of healthcare, by lowering the rate of uninsureds, through expansion of public and private coverage, to reduce the costs for individuals and the government. Insurance companies are required to cover all applicants with minimum standards, and offer same rates regardless of pre-existing conditions or gender. 

The US Supreme Court upheld most provisions of the law on June 28, 2012, but states can't be forced to participate in expanding Medicaid under penalty of losing current Medicaid funding.

While some provisions take effect between 2010 and 2020, many reforms take effect by Jan. 1st, 2014.

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