When the Patient Protection and Affordable Care Act was passed in the dead of night in 2010, Congress and the president touted it as the "end all be all" solution to provide affordable health care to millions of Americans.

Unfortunately, no one read the 2,500 page bill before it was signed into law. But as we just celebrated its fourth birthday this month, the reality is that the law is anything but affordable. As a matter of fact, with all the executive edicts affecting this law that have been enacted since the bill officially was sanctioned to be constitutional by the Supreme Court, the PPACA doesn't look like it did when it was birthed. As children change appearance as they grow, so has the law.

What we do know is that in spite of the difficulty individuals have incurred trying to sign up for coverage through the Healthcare.gov website, as well as the various state exchange sites, it has been reported that over six million people have signed up to purchase health coverage.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.