The Affordable Care Act (ACA), also known as Obamacare, allows residents of Texas to compare and purchase low-cost health insurance plans. Unlike Medicare and Medicaid plans, private health insurance companies offer Obamacare health insurance plans. The ACA entered into law in 2010 to make health insurance coverage more affordable and accessible. Since that time, the uninsured rate in Texas has declined by 28 percent. In addition to changing the costs of health care, the ACA created certain rules and requirements for health insurance companies. For example, health plans must cover preventative care services such as flu shots and cancer screenings.
Furthermore, the ACA requires health insurance companies to provide coverage for people with pre-existing health conditions at no additional cost to the healthcare beneficiary. While most people can apply for and select a health insurance plan through the Affordable Care Act, only some applicants will qualify for a low monthly premium and additional cost-sharing savings. In order to meet ACA eligibility guidelines for savings, healthcare applicants must have a certain household income and citizenship status in addition to other requirements. Applicants must also enroll during Obamacare’s open enrollment period unless they qualify for a Special Enrollment Period (SEP).
The cost of a health insurance plan purchased through Obamacare depends on several factors including an individual’s income and the nature of the health insurance plan. Applicants who qualify for Obamacare savings can compare the cost and coverage of several plans before they choose a particular plan. Find out more about the Affordable Care Act in Texas on this website:
- Did Texas accept Obamacare expansion?
- Eligibility for Obamacare in Texas
- How to apply for Obamacare in Texas
- Health plan cost and availability in Texas
- Frequently asked questions