Obamacare: Key Facts You Should Know About


Due to the many types of insurance available these days, many people may be confused or even unaware of which ones to avail of. If this is something that you resonate with, you have come to the right place!

As a leading insurance agency in Florida, we take great care here at Tremendo Insurance in providing both top-notch services and reliable information to our valued clients. That said, allow us to give you an insight into one of the most vital healthcare benefits available to you.

The Patient Protection and Affordable Care Act (ACA) was passed in 2010 to provide more Americans with affordable, high-quality health insurance and to curb the increase in healthcare spending in the United States. Also known as ObamaCare, this introduced numerous substantial improvements to how many individuals receive, utilize, and pay for health insurance.

Here are a few key facts about ObamaCare:

  • ObamaCare Expands Access to Health Coverage

    It accomplishes this in a variety of ways. These include, but are not limited to, expanding Medicaid coverage to single adults, expanding workplace coverage, and mandating every insurance company to cover preexisting conditions.

  • ObamaCare’s Cost Assistance Lowers Premiums and Out-Of-Pocket Costs

    Based on factors such as family size and income, many single adults and families are eligible for marketplace cost assistance or free or low-cost coverage under Medicaid/Children’s Health Insurance Program (CHIP).

  • ObamaCare Curbs Healthcare Costs

    This is achieved through restrictions and taxes on those that profit the most from healthcare reform, including insurers and pharmaceutical companies.

If you have any queries about this or our insurance services in Miami, Florida, please don’t hesitate to contact us anytime!

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smiling male caregiver showing information to her patient