Affordable Care Act - Overview
The goal of the Affordable Care Act (ACA), also known as Obamacare, is to insure more Americans and improve the quality and affordability of health insurance coverage. Since the bill was signed into law on March 10, 2010, it has introduced a series of mandates intended to increase the availability of health insurance coverage including: state exchanges, individual mandate, and changes to private insurance.
Members can review the summary articles AASM provided addressing several key provisions contained in the Act.
Over the last few years, the AASM has advocated on behalf of sleep medicine physicians to ensure a future for sleep, and that sleep services were 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 were created to provide a "one-stop" marketplace for individuals and businesses to sell or purchase health insurance. Exchanges will serve as a competitive marketplace where individuals and small businesses will be able to choose from private health insurance plans. The first open enrollment for exchanges went from October 1st, 2013 to March 31, 2014. The next open enrollment starts on November 15, 2014.
View a map of the State Exchanges and their websites
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 continues to lobby 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 requires that all U.S. residents and their dependents have health insurance. The following 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
Implementation of the ACA began in 2010 and will continue through 2018. The AASM has created an infographic 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 significantly impacts how private insurance operates. The AASM has created an infographic that explains the requirements most insurance companies must operate under.
Infographic: Changes to Private Insurance