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OBAMACARE: Quick overview of the changes that went into effect January 1, 2014 due to the Affordable Care Act

The four principal changes that went into effect as of January 1, 2014, are described in this brief opinion piece published online first in JAMA: The Journal of the American Medical Association.  These four changes include:

  1. Individuals can no longer be denied the ability to buy health insurance based on preexisting medical conditions.
  2. Individuals who can afford it must either buy health insurance or pay a tax penalty.
  3. Low income individuals receive support in the form of federal tax credits to help buy insurance.
  4. Medicaid has been expanded in half of the states in the union — the other half have not implemented this option.

Source: McDonough, J.E., and Adashi, E.Y.  Realizing the promise of the Affordable Care Act: January 1, 2014.  JAMA, Jan. 2, 2014.  Click here for full text: http://jama.jamanetwork.com/data/Journals/JAMA/0/jvp130192.pdf  Posted by AHA Resource Center (312) 422-2050, rc@aha.org

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