AFFORDABLE CARE ACT
Obama Care is the unofficial name for The Patient Protection and Affordable Care Act, a health reform law signed on March 23, 2010, by President Barack Obama. ObamaCare (the Affordable Care Act) is a US healthcare reform law that expands and improves access to care and curbs spending through regulations and taxes.
The Affordable Care Act’s primary focus is on providing more Americans with access to affordable health insurance, improving the quality of health care and health insurance, regulating the health insurance industry, and reducing health care spending in the US.
Enroll in a health plan during open enrollment to avoid the fee and get lower costs and new benefit
HOW DOES AFFORDABLE
CARE ACT WORK?
WHAT IS MEDICARE?
Medicare is a federal health insurance program that pays for a variety of health care expenses. The Centers administer it for Medicare & Medicaid Services (CMS), a division of the U.S. Department of Health & Human Services (HHS).
Medicare benefits people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD).
Similar to Social Security, Medicare is an entitlement program.
Most U.S. citizens earn the right to enroll in Medicare by working and paying their taxes for a minimum required period. Even if you didn’t work long enough to be entitled to Medicare benefits, you might still be eligible to enroll, but you might have to pay more.