🔑 Key Terms: When talking about this issue it can sometimes be difficult to keep track of all the terms used. Here is a quick breakdown.
- Affordable Care Act: This is the law that regulates the level of insurance health insurance companies must provide, tells them they can’t charge you more for preexisting conditions, and forces them to set out of pocket maximums. It also makes health insurance available to individuals through a healthcare marketplace. The Affordable Care Act was dubbed “Obamacare” by republicans, but they are the same thing.
- Health Insurance Marketplace: This is how the individuals who are not covered by employer-based insurance buy health insurance.
- Georgia Access: Georgia’s version of the health insurance marketplace.
- Medicaid: Medicaid is not the same thing as the Affordable Care Act. It is a government program that allows low income residents to have health care.