The Affordable Care Act, the law commonly known as health reform, passed in 2010 and aims to make health care available to all Americans.
- Everyone, with a few exceptions, is required to have health insurance. Health insurance is based on the idea of sharing costs across a large group of insured people.
- People who choose not to buy health insurance must pay a penalty, or fee, each year. They must also pay for the costs of all their health care.
- Most health insurance plans include certain essential benefits, like preventive care with no cost-sharing and coverage for pre-existing conditions.