White House Celebrates Fifth Anniverary Of Affordable Care Act Passage
Via press release:
On the five-year anniversary of the Affordable Care Act, one thing couldn’t be clearer: This law is working, and in many ways, it’s working even better than anticipated.Read the full statement.
After five years of the Affordable Care Act, more than 16 million uninsured Americans have gained the security of health insurance – an achievement that has cut the ranks of the uninsured by nearly one third. These aren’t just numbers. Because of this law, there are parents who can finally afford to take their kids to the doctor. There are families who no longer risk losing their home or savings just because someone gets sick. There are young people free to pursue their dreams and start their own business without worrying about losing access to healthcare. There are Americans who, without this law, would not be alive today.
For Americans who already had insurance before this law was passed, the Affordable Care Act has meant new savings and new protections. Today, tens of millions of Americans with pre-existing conditions are no longer at risk of being denied coverage. Women no longer have to worry about being charged more just for being women. Millions of young people have been able to stay on their parents’ plan until they turn 26.
More than 9 million seniors and people with disabilities have saved an average of $1,600 per person on their prescription medicine, over $15 billion in all since the Affordable Care Act became law. More than 70 million Americans have gained access to preventive care, including contraceptive services, with no additional out-of-pocket costs. And the law has helped improve the quality of health care: it’s a major reason we saw 50,000 fewer preventable patient deaths in hospitals over the last three years of data.