Obamacare, officially known as the Affordable Care Act (ACA), is a U.S. legislation designed to make health insurance more accessible and affordable for millions of Americans. Enacted in 2010, its goal is to lower healthcare costs, improve service quality, and provide coverage to those without health insurance.
What Does Obamacare Cover?
Obamacare mandates a set of essential benefits that all health plans must include, such as:
- Emergency services and hospitalization
- Preventive care (like vaccinations and annual check-ups)
- Maternity and pediatric care
- Mental health services and prescription medications
Who Is Eligible for Obamacare?
Eligibility depends on several factors, including household income, immigration status, and family size. To qualify for subsidies that lower the cost of insurance, your income must fall between 100% and 400% of the federal poverty level. U.S. citizens and certain legal immigrants can enroll, and some states offer assistance to individuals with special permits, such as Temporary Protected Status (TPS) or Humanitarian Parole.
Want to know if you qualify? Check out the calculator I’ve prepared for you. Based on your personal situation, you can determine your eligibility yourself!
How to Enroll?
Enrollment is done through the federal or state Health Insurance Marketplace. While there are open enrollment periods, certain life events—such as having a child or losing other coverage—allow you to enroll outside these dates.
Obamacare has made healthcare accessible to many, but it’s essential to understand the requirements and benefits to make the most of this opportunity for affordable medical coverage. If you have questions, click here to receive free advice