Affordable Care Act - Individuals

The Affordable Care Act (ACA) also referred to "Obamacare" is a United States federal statute signed into law by President Barack Obama on March 23, 2010. On June 28, 2012, the United States Supreme Court upheld the constitutionality of the Affordable Care Act. However, the Supreme Court held that states cannot be forced to participate in the Affordable Care Acts Medicaid expansion under penalty of losing their current Medicaid funding. The Affordable Care Act includes a number of provisions that take effect between 2010 and 2020. Policies issued before 2010 are exempted by a grandfather clause from many of the changes to insurance standards, but they are affected by other provisions which take effect by January 1, 2014.