The health care reform law was signed into law on March 23, 2010. It is sometimes also known as ACA, PPACA, or “Obamacare”.
Three main pillars of the law are:
To make affordable health insurance available to more people. It provides consumers with subsidies (“premium tax credits”) that lower costs for households with incomes between 100% and 400% of the federal poverty level.
To expand the Medicaid program to cover all adults with income below 138% of the federal poverty level.
To support innovative medical care delivery methods designed to generally lower the costs of health care.