How Biden’s Actions Will Strengthen the Affordable Care Act (ACA)
The Affordable Care Act (ACA), also known as Obamacare, has been a controversial topic since its inception. However, there is no doubt that the ACA has made health insurance more accessible and affordable for millions of Americans.
Biden’s Executive Order
In January 2021, President Biden signed an executive order aimed at strengthening the ACA. This order includes a number of provisions that are designed to make health insurance more affordable and accessible, including:
Expanding access to subsidies: The order increases the number of people who are eligible for subsidies to help them pay for health insurance. This will make health insurance more affordable for many families and individuals.
Strengthening the individual mandate: The order strengthens the individual mandate, which requires most Americans to have health insurance. This will help to ensure that more people have health insurance and that the risk pool is more stable.
Improving outreach and enrollment: The order includes a number of provisions designed to improve outreach and enrollment in ACA health plans. This will help to ensure that more people are aware of the ACA and that they are able to enroll in a plan that meets their needs.
The Impact of Biden’s Actions
Biden’s executive order is expected to have a significant impact on the ACA. The order is expected to make health insurance more affordable and accessible for millions of Americans. It is also expected to help to stabilize the health insurance market and make it more sustainable in the long term.
What You Can Do
If you are not currently enrolled in an ACA health plan, you should consider doing so. The ACA offers a variety of plans to choose from, and there are subsidies available to help you pay for coverage. You can learn more about the ACA and find a plan that meets your needs at HealthCare.gov.
If you are already enrolled in an ACA health plan, you may be eligible for additional subsidies under Biden’s executive order. You should contact your health insurance provider to learn more about your options.
Question? or Need a Free Quote?
Contact Us
Reach out to us for free expert insurance advice and solutions. We will help you solve ACA (Obamacare) related questions and problems. Will contact you within 24 hours of receiving your message.