Affordable Care Act 2010 Timeline

Year 2010

• March 2010: President Barack Obama signs Patient Protection and Affordable Care Act (Obama Care) into law
• July 2010: Government-run high risk pool setup to provide insurance for adults with a pre-existing health condition until all insurance plans provide this coverage in January 2014
• September 2010:

1. Children under age 18 can no longer be rejected by insurers because they have a pre-existing health condition
2. Children up to age 26 can be insured as dependents covered by their parents’ insurance policy.
3. Insurance plans can no longer impose a lifetime limit on a policyholders’ benefits
4. Maximum tax credit of 35 percent available to small business with 25 or fewer employees