What is the Affordable Care Act, and what does it mean for health insurance?

The Patient Protection and Affordable Care Act (ACA) was passed by Congress in 2010. Along with the Health Care and Education Reconciliation Act, these two laws make up what is known as the federal health reform law. These laws created a number of changes that primarily affect private and public health insurance programs. Some key changes include:

  • A mandate that a health insurance exchange (or “Marketplace”) be established in each state, administered by the state or the federal government.
  • An end to lifetime limits on coverage.
  • Certain preventive health services, such as annual exams, are free to insured Coloradans.
  • Adults cannot be denied health insurance because of a preexisting condition or health history.

With all the debate over healthcare reform in Washington, D.C. you may be asking yourself “Do I still need health insurance?” The answer is “YES!”. What remains constant and true is that it remains important to protect the health and financial future of you and your family. For more information on the Affordable Care Act , please visit the federal health reform website.

For more information on the Minimum Essential Coverage offered by health plans through the Affordable Care Act please see the “What is Minimum Essential Coverage?” FAQ.

Learn more about the future of health coverage in Colorado and what it means to you.

Related FAQs:
What is Connect for Health Colorado?
Am I required to have health Insurance?