What is the Affordable Care Act?
President Obama signed the Patient Protection and Affordable Care Act (Affordable Care Act) into law in March 2010. The law is intended to make sweeping changes to health care in the United States.
The goals of the Affordable Care Act are:
- To provide universal access to health care coverage for Americans
- To control the rising cost of health care
- To regulate the private insurance through things like state-based private exchanges—an online marketplace where consumers can shop for state-approved insurance plans
- Improve the quality of health care
- Make health care choices more consumer friendly and easier to understand