Affordable Care Act - Overview
The Affordable Care Act (ACA), also known as Obamacare, aims to insure more Americans and improve the quality and affordability of health insurance coverage. The law introduces a series of mandates, subsidies and insurance exchanges that are intended to increase the availability of health insurance coverage. These provisions are expected to expand health coverage to 32 million Americans.
The ACA contains a number of reforms aimed at reducing health care costs and improving outcomes. These reforms are intended to increase competition, regulation and to streamline the delivery of health care.
The AASM is currently advocating on behalf of sleep medicine physicians to ensure a future for sleep, and that sleep services are included in the State Exchange health plans. AASM members are encouraged to explore the below resources to gain a better understanding of the Affordable Care Act and the AASM's advocacy efforts:
Affordable Care Act Resources
Health insurance exchanges will provide a "one-stop" marketplace to individuals and businesses to sell or purchase health insurance. An exchange may be a physical location or may be an online business. The insurance options offered through a state exchange include large group, small group and individual markets. Learn about how State Exchange work...
AASM Advocacy Efforts
The AASM is lobbying on behalf of sleep medicine physicians to ensure that sleep services are covered in each state exchange. Since 2012, the AASM has advocated to the Department of Health and Human Services (HHS), every State Insurance Department, State Medical Society and all existing State Exchanges to ensure sleep services are covered in each state exchange. Read about AASM Advocacy Efforts...
The individual mandate will require that all U.S. residents and their dependents have health insurance beginning January, 1, 2014. This infographic furthers explain the requirements of the individual mandate, conditions for exemption and the taxes and penalties that apply to individuals who do not have minimum essential coverage:
Infographic: Individual Mandate
The ACA was signed into law on March 2010. On June 28, 2012, the United States Supreme Court upheld the constitutionality of most of the provisions contained in the ACA. Implementation began in 2010 and will continue through 2018. The AASM has created a graphic timeline which contains each of the key benchmarks for the implementation of the ACA:
Infographic: Implementation Timeline
Changes to Private Insurance
The Affordable Care Act will have a significant impact on the way private insurance will operate. The AASM has created an infographic that explains the new rules that most insurance companies must operate under.
Infographic: Changes to Private Insurance