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Affordable Care Act

The Affordable Care Act (ACA) is a governmental program instituted to provide insurance to millions of Americans. It addresses health insurance, healthcare costs, and preventive care. 

ACA expanded Medicaid eligibility, created health insurance exchanges, prevents rejection due to pre-existing conditions, and allows children to remain on their parents’ insurance plan until age 26.

With political tensions surrounding ACA, it is subject to change. Let’s review what ACA is, its history, and its future.

What is the Affordable Care Act

All insurance plans under the Affordable Care Act (ACA) work to lower your costs for healthcare, generally referred to as “cost-sharing.” All plans under ACA must also include specific baseline benefits, regardless of age, health status, etc. These basic benefits include, but are not limited to:

  • Emergency services
  • Family planning
  • Hospitalization
  • Laboratory services
  • Mental health services
  • Substance abuse services
  • Pregnancy, maternity, and newborn care
  • Drug prescriptions
  • Pediatric services

The History and Future of the Affordable Care Act

The Affordable Care Act (ACA) was implemented on March 23, 2010, and amended on March 30, 2010. This act has had its fair share of contention over the years. In 2012, it was taken to the Supreme Court over its requirement for all Americans to have some health insurance.

In this case, ACA was criticized for its penalty on the uninsured. However, according to the late Justice Ginsburg, “the Affordable Care Act [survived] largely unscathed.”

Then, during the 2016 elections, current President Donald Trump based part of his campaign on removing ACA. Now, towards the end of Trump’s elected four years in office, newly appointed Justice Amy Coney Barrett has criticized the 2012 ruling. However, considering the near close of Trump’s presidency and the need for additional, unfound support, the act will more than likely live on in some form.

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