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Affordable Care Act
Learn the basics of the Affordable Care ActPreview the first lesson free — get full access to all 14 lessons.
Essential Provider : Stephanie Stevens-Hicks 6 chapters · 14 Lessons · 51m in English, Spanish
Course Description
The Affordable Care Act is legislation that helps individuals and families get affordable and comprehensive health coverage. Learning about this governmental act is essential for understanding your responsibilities and how it can help you inform your insurance purchasing decisions. So, what do you need to know to stay compliant? How is the ACA funded? And what are your rights as an individual under this act? This course on the Affordable Care Act will cover all these basics and more.
In this course, we’ll discuss the primary components of the ACA, such as employer and individual requirements, health insurance marketplaces, and essential health benefits. We‘ll also examine the obligations and rights the ACA grants to businesses, employees, and consumers. We’ll introduce concepts including Minimum Essential Coverage, affordability, and minimum value in insurance plans. And we’ll also cover important elements of eligibility, like qualifying requirements, deadlines, possible tax credits, and subsidies. By the end of this course, you’ll be able to navigate the insurance marketplace and make an informed decision on how much coverage you need based on your situation.
What You'll Learn
- Understand the key provisions of the Affordable Care Act, including employer and individual requirements
- Recognize the ACA's impact on employers, employees, and consumers
- Comprehend the rights and responsibilities of employers, employees, and consumers under the ACA
- Navigate the health insurance marketplace and federal, state, and private exchanges
- Identify concepts such as Minimum Essential Coverage, affordability, and minimum value in insurance plans
- Determine eligibility, including qualifying requirements, deadlines, open enrollment, special enrollment periods, tax credits, and subsidies
Key Takeaways
- The Affordable Care Act is legislation that helps individuals and families get affordable and comprehensive health coverage.
- The ACA's primary components include employer and individual requirements, health insurance marketplaces, and essential health benefits.
- The course introduces concepts such as Minimum Essential Coverage, affordability, and minimum value in insurance plans.
- Eligibility involves qualifying requirements, deadlines, possible tax credits, and subsidies.
- By the end of the course, learners can navigate the insurance marketplace and make an informed decision on how much coverage they need based on their situation.
Frequently Asked Questions
What does this course cover?
It covers the primary components of the ACA, such as employer and individual requirements, health insurance marketplaces, and essential health benefits, along with the obligations and rights the ACA grants to businesses, employees, and consumers. It also introduces concepts including Minimum Essential Coverage, affordability, and minimum value, and covers eligibility elements like qualifying requirements, deadlines, tax credits, and subsidies.
Who is this course for?
It is for anyone seeking to understand their responsibilities under the Affordable Care Act and how it can help inform their insurance purchasing decisions, including businesses, employees, and consumers.
What will I be able to do after completing this course?
By the end of the course, you'll be able to navigate the insurance marketplace and make an informed decision on how much coverage you need based on your situation.
What topics are included in the lessons?
Lessons include the Provisions of the ACA, HealthCare.gov, Consumer Protections, the ACA Marketplace, Federal, State, and Private Exchanges, Levels of Coverage, Minimum Essential Coverage, Shared Responsibility and Reporting, Affordability and Minimum Value, Determining Eligibility, the Application Process and Open Enrollment, and Special Enrollment Periods.
