Running head: THE IMPORTANCE OF THE AFFORDABLE CARE ACT (ACA) 1

The Importance of the Affordable Care Act (ACA)
Nicole M. Anderson
Argosy University

THE IMPORTANCE OF THE AFFORDABLE CARE ACT (ACA) 2

When it comes to insurance, there may be more questions than answers. The rules concerning all types of insurance have changed over the years. The one thing that hasn’t changed is the fact that there are penalties to pay when we choose not to follow the rules. The government has now stepped in to monitor and confirm that we are in compliance with the laws set forth. When we are not in compliance the government will assess fines on all people and business owners considered to be a large employer that will increase with every year that passes. Insurance is a very important necessity to have in this day and time; without it the penalties can be great.

You may be asking yourself this million-dollar question, why was it so important for the government to pass the Affordable Care Act (ACA) law? Health Insurance has been on top of the discussion list within the governmental agencies for some time now. “On March 23, 2010, President Obama signed the Affordable Care Act (ACA) into law, putting in place comprehensive reforms that improve access to affordable health coverage for everyone and protect consumers from abusive insurance company practices.” (Health Care that Works for Americans 2016).

This is a very important law for the Americans who do not have nor can they afford health insurance on their own. Some people may not make enough income to be able to carry coverage and may be faced with the difficult decision of choosing between food for their family
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and health insurance. It is also for the people that are employed but