Q:

What are some key aspects of Obama's health care insurance plan?

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Quick Answer

Some of the key aspects of the health care insurance plans introduced by President Barack Obama are free preventive care for Medicare subscribers, protection against health care fraud and improved coverage of low-income groups, the U.S. Department of Health & Human Services reports. The act also gives Americans better access to health care.

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Full Answer

The Affordable Care Act of 2010 is notable for several key health care initiatives such as the creation of a marketplace for health care solutions, clauses that prevent insurers from denying payment based on pre-existing conditions, and the provision of free preventive care without co-payment, according to Healthline and the Department of Health & Human Services. Changes to the act in 2014 and 2015 prevent insurance companies from placing a dollar limit on annual coverage, permit the coverage of patients undergoing clinical trials and establish tax credits for middle class subscribers who cannot afford insurance.

Health plans under the Affordable Care Act now feature a provision for young adults to remain under a parental coverage plan till the age of 26, coverage for early retirement, increased funding for Medicaid programs run by individual states, a 50 percent discount on drugs covered by Medicare Part D and increased regulation of insurance companies, notes the HHS.

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