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AbledHealth Post banner shows a laptop screen on a desk in an office with the website on the screen. The headline reads: Obamacare: Beware Of 'Automatic Renewal' To Avoid Insurance Premium Sticker Shock.

ObamaCare is the un-official nickname given to The Patient Protection and Affordable Care Act which was signed into law in the United States by President Barack Obama on March 23, 2010. 

ObamaCare’s main focus is on providing more Americans with access to affordable health insurance improving the quality of health care and health insurance, regulating the health insurance industry, and reducing health care spending in the U.S.


ObamaCare explained in 214 words from

On March 23, 2010, President Obama signed the Affordable Care Act into law, putting in place comprehensive reforms that improve access to affordable health coverage for everyone and protect consumers from abusive insurance company practices. 

For those Americans who already have health insurance, the only changes you will see under the law are new benefits, better protections from insurance company abuses, and more value for every dollar you spend on health care. If you like your plan you can keep it and you don’t have to change a thing due to the health care law. The President addressed concerns from Americans who have received letters of policy cancellations or changes from their insurance companies in an interview with NBC News,watch the video or read a transcript

Key Elements:

AbledHealth Photo shows U.S. President in the Oval Office at the White House surrounded by invited politicians and other people as he signs into law the Affordable Care Act that has since become known as Obamacare in March of 2010.

Don’t Let Big Premium Increases Catch You By Surprise


If you’re one of the 10.3 million U.S. consumers who have signed up for what’s been nicknamed ‘ObamaCare’, you’ll have to be extra vigilant when your coverage comes up for renewal. You could end up paying more if you’re not paying attention to some of the ‘fine print’ items.

Health and Human Services, hoping to prevent logjams during the 2015 open enrollment season, have proposed making automatic renewals available to the 10.3 million who have already enrolled saying they will get ‘the exact dollar amount’ they are currently receiving.

But the worry is that HHS isn’t taking into account a whole bunch of things such as cost of living adjustments, new plans and bids from insurance companies, and changes in the community benchmark plans because millions of new customers will be signing up for coverage when open enrollment begins on November 15.

If you currently have coverage, you’ll have almost a month to renew or make changes to your policy, otherwise you’ll suffer a gap in coverage come January 1, 2015.

And because the financial aid subsidy that benefits about 80% of those who signed up for private coverage is, to put it politely, is quite complex, you’d probably do yourself a favor by contacting your health insurance exchange to update any changes in income, job status, family size, whether you’ve moved, or anything else that could have an impact on your subsidy.

You can do that anytime before the open enrollment floodgates open. If you want to change over to a new plan, you’ll have to wait until November 15. But in the meantime, you would do well to check on new and upcoming insurance plans and shop around because it will be quite likely that your current policy and subsidy formula will be out-of-date come the fall.

Despite the initial launch issues and partisan political naysaying along the way, HHS announced this week that those 10.3 million consumers have saved a total of $9 billion dollars on health insurance premiums.

AbledHealth photo shows an infographic from the White House website that reads: Learn how Health Reform benefits Americans, Free Preventive care; Anew way to get insurance, by state; coverage for young adults under 26; coverage for pre-existing conditions; no cancellations or lifetime limits on care; rebates from insurance companies; lower cost coverage; prescription drug savings for seniors. CLick here to go to the White House website section on Health Care.
AbledHealth Photo shows a graphic box detailing Important Dates to Remember: What to Do: Before November 15 If already enrolled, with a subsidy, contact your health insurance exchange to update any changes in income, job status, family or location. Check out other plans. After November 15 Renew or make changes to your existing coverage or switch to a new plan within a month to avoid January 1 coverage gap.
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