"Obamacare" Fast Facts

Facts About The Patient Protection and Affordable Care Act, commonly known as “Obamacare”

  • Individual mandate requiring all U.S. citizens to have health insurance either through private companies, their employers, or state-sponsored exchanges. Failure to do so will result in a fine.
  • Insurance companies banned from denying coverage to applicants with pre-existing health conditions.
  • Insurance companies required to include preventative health care at no extra cost, banned from setting limits on payouts for coverage.
  • Companies employing over 50 people required to provide those employees with health insurance.
  • Children allowed to stay on their parents’ insurance plans until 26 years of age. 

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U.S. Secretary of State John Kerry (L) speaks with Nigeria's President Goodluck Jonathan at the State House in Lagos Jan. 25, 2015.

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