The health care coverage an individual needs in order to meet the requirements under the Affordable Care Act Affordable Care Act
The Affordable Care Act (ACA) is a comprehensive health care reform law enacted in March 2010. The health care law offers rights and protections that make coverage more fair and easy to understand. Some rights and protections apply to plans in the Health Insurance Marketplace or other individual insurance, some apply to job-based plans, and some apply to all health coverage. The protections outlined below may not apply to grandfathered health insurance plans.
. The standards are met if health insurance is obtained through individual market policies, employer coverage, Medicare, Medicaid, CHIP, TRICARE, and some other coverage options. If you do not have a Minimum Essential Coverage health plan, you will face tax penalties.