Affordable Healthcare Act
This law, signed by President Obama in 2010, aimed to reduce the number of uninsured Americans.
What is the Affordable Care Act?
This is the official term for the online platform where individuals and small businesses can compare and purchase health insurance plans under the ACA.
What is the Health Insurance Marketplace or Exchange?
This federal program expanded Medicaid to include more low-income Americans during the Affordable Care Act implementation.
Who is Medicaid?
Young adults are allowed to stay on their parent's plan, even if they experience this major life event.
What is getting married (or having a child)?
The Affordable Care Act created this online marketplace where individuals can compare and purchase health insurance plans.
What is the Health Insurance Marketplace or Exchanges?
This is the main goal of the Marketplace under the Affordable Care Act.
What is to provide affordable health insurance options?
This group gained coverage through the Health Insurance Marketplace subsidies based on their income level.
Who are low- to middle-income individuals and families?
This is the term for health plans that young adults can buy through the ACA marketplace, which must cover a set of essential health benefits.
What are Qualified Health Plans?
Under the ACA, young adults can stay on their parents health insurance plan until age this.
What is 26?
The Marketplace was created under this major healthcare law passed in 2010.
What is the Affordable Care Act (ACA)?
This type of health insurance coverage is required for most Americans under the individual mandate of the ACA.
What is health insurance?
Young adults with insurance through their parents’ plan can access this type of preventive care at no additional cost.
What are screenings, immunizations, and wellness visits?
This penalty was originally imposed on individuals who did not have health insurance, but it was effectively eliminated in 2019.
What is the individual mandate penalty?
This is the key benefit of the Marketplace for people who qualify: it helps them find affordable coverage without the hassle of shopping around.
What is easier access to health insurance?
This is the term for the marketplace where individuals can buy health insurance plans under the ACA.
What is the Health Insurance Marketplace or Exchange?
This is the main reason young adults are encouraged to get health insurance coverage under the ACA.
What is to protect against high medical costs and access preventive services?
This provision prohibits insurance companies from denying coverage or charging higher premiums due to pre-existing health conditions.
What is the prohibition on denying coverage for pre-existing conditions?
Who created the Insurance Marketplace.
This group of people is exempt from the individual mandate penalty if they cannot afford coverage.
Who are the low-income or uninsured individuals?
Young adults who are not covered by their parents’ plans and do not qualify for Medicaid may qualify for subsidies based on this.
What is their income level?