ACA (Affordable Care Act)

What is the Affordable Care Act (ACA)?

ACA (Affordable Care Act) is the common abbreviation HR professionals use for The Patient Protection and Affordable Care Act. Passed by the 111th Congress and signed into law by President Barack Obama in March 2010, the ACA is also known by the popular term Obamacare. Intended to extend healthcare coverage to more Americans, the ACA reshaped benefits administration through new regulations, fines, and penalties. These include:

ACA compliance issues complicate the process of administering medical benefits. HR professionals need to explain how the ACA affects their employees’ benefit choices during open enrollment so that employees can make the best choice for their health and their financial situation.

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