Obamcare Insurance ACA Enrollment

How does Obamacare Work?

Under Obamacare, insurance companies are required to offer health care to all Americans. The act made it illegal for insurers to reject individuals based on pre-existing conditions or their current health status. The main reason Obamacare plans are affordable is that the federal government siphons money every month to major insurance companies. This money (which was formerly called cost-sharing-reduction payments) collectively reduce insurance premiums for millions of Americans, therefore making health care plans affordable.

Affordable Care Act Subsidies for Individuals and Companies