Joining The ACA Late

The Patient Protection and Affordable Care Act (PPACA),commonly called the Affordable Care Act (ACA) or “Obamacare” was enacted by the Obama Government with the goals of increasing the quality and affordability of health insurance for Americans, lowering the uninsured rate by expanding public and private insurance coverage, and reducing the costs of healthcare for individuals and the government.

This Federal law introduced a number of mechanisms—including mandates, subsidies, and insurance exchanges—meant to increase coverage and affordability. The law also requires insurance companies to cover all applicants within new minimum standards and offer the same rates regardless of pre-existing conditions or sex. Additional reforms aimed to reduce costs and improve healthcare outcomes by shifting the system towards quality over quantity through increased competition, regulation, and incentives to streamline the delivery of healthcare.

As of April 2014, more than 10 million Americans have enrolled in healthcare coverage since the ACA’s launch.This figure includes more than 8 million individuals who have selected insurance through the health insurance marketplaces established by the ACA

TurboTax

So now you know if you can still join in late this year. Do go ahead and do the needful m for as you know, the process is not automatic. You need to take the initiative.