Healthcare reform was a topic that President Obama discussed in the 2008 Democrat primaries, and in 2010 he signed the highly controversial Patient Protection and Affordable Care Act, also known as ObamaCare. ObamaCare included major changes to American insurance that would make getting sufficient coverage easier for previously uninsured and underinsured Americans while regulating the insurance companies to prevent unfair, predator, or discriminatory practices.

What changes did Obamacare include?

  • Obamacare mandated that employers with 50 or more full time employees provide health insurance benefits to full time employees.
  • Obamacare expanded Medicaid coverage in some states.
  • Obamacare made obtaining individual insurance plans mandatory for individuals who do not already get insurance through jobs.
  • Obamacare allows young adults to stay on their parents’ insurance plans until they are 26 and allows them to buy less expensive, lower coverage catastrophic insurance without penalty until they are 30,
  • Obamacare included the construction of health insurance exchanges where employers and individuals can shop for coverage from private insurance companies.
  • Obamacare made it harder for insurance companies to deny legitimate insurance claims or refuse coverage.
  • Obamacare included contingencies to help individuals who cannot otherwise afford insurance to get government subsidies to help them get insurance coverage or get exemption from the fines charged for lack of coverage.