ACA/Obamacare
ACA/Obamacare Overview
The comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”) requires that all health insurance plans in Oregon must be ACA compliant. All Oregon health insurance plans are Obamacare plans. No Oregon insurance companies are allowed to offer non-ACA compliant plans. Which means all coverage, deductibles, out of pocket maximums are dictated by the Affordable Care Act.
The law benefits individuals & families in 3 ways:
Everyone
is Eligible
You cannot be denied due to pre-existing conditions. ACA gives individuals who may have been uninsured due to preexisting conditions the opportunity to secure affordable health plans in their state.
It's Affordable
Premium tax credits/subsidies are paid directly to insurance companies to lower your monthly premium. ACA makes affordable health insurance available to more people. The law provides consumers with subsidies (“premium tax credits”) that lower costs for households with incomes between 100% and 400% of the federal poverty level.
Preventative Care
Now Covered
Preventive care lowers health care costs because treatment for diseases in their early stages is cheaper than treatment for full-blown, late-stage illnesses. Along with Essential Care: i.e. Mental health, Pregnancy, Prescriptions, Rehabilitative services and more.