ACA (Affordable Care Act) — ACA / Obamacare
A federal law (signed 2010) that expanded access to health insurance by creating the Health Insurance Marketplace, establishing income-based subsidies.
Official source: healthcare.gov
You can enroll in health insurance through the Affordable Care Act (ACA) during the Open Enrollment Period, which runs from November to January. If you experience a qualifying life event, like getting married or losing your job, you can sign up during a Special Enrollment Period.
The ACA provides financial help through subsidies, which include Premium Tax Credits and Cost-Sharing Reductions. These subsidies are available to households earning between 100% and 400% of the Federal Poverty Level (FPL). They help lower monthly premiums and reduce out-of-pocket costs, making health insurance more affordable.
In addition, the ACA expanded Medicaid, allowing adults in participating states who earn up to 138% of the FPL to gain coverage. This means more people can access necessary health services. To find out if you qualify for these subsidies or Medicaid, use BenefitKarma's eligibility screener.
In real life
- A person can get help paying for health insurance based on their income.
- Someone with a health problem from before can still get health insurance.
- A family can choose from different health insurance plans on a special website.
Also known as
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Frequently asked questions about ACA (Affordable Care Act)
What is ACA (Affordable Care Act)?+
A federal law (signed 2010) that expanded access to health insurance by creating the Health Insurance Marketplace, establishing income-based subsidies, and requiring insurers to cover pre-existing conditions. You can enroll during the annual Open Enrollment Period (November-January) or a Special Enrollment Period after a qualifying life event.
Who qualifies for ACA (Affordable Care Act)?+
Anyone without affordable job-based coverage, Medicaid, or Medicare can shop the Marketplace. Subsidies depend on household income.
How do I apply for ACA (Affordable Care Act)?+
Apply during Open Enrollment (Nov–Jan) or after a qualifying life event at healthcare.gov, or through your state's Marketplace.
Where can I get help?+
Compare plans and check subsidies at healthcare.gov, or call a free local Navigator listed there. BenefitKarma's free Benefit Eligibility Screener can also tell you if you qualify for Medicaid instead.
Source: healthcare.gov