The video explains that the Affordable Care Act, also known as “Obamacare,” made it illegal for health insurance companies to deny coverage to individuals.
- The Affordable Care Act (Obamacare) prohibits health insurance companies from denying coverage to individuals with pre-existing health conditions.
- Insurance companies are not allowed to exclude pre-existing conditions from insurance plans or charge higher premiums based on an individual’s medical history.
- Enrollment in health insurance typically takes place during the annual open enrollment period, which usually occurs towards the end of each year.
- Qualifying life events such as marriage, divorce, or the birth of a child allow individuals to enroll in or change their health insurance coverage outside of the annual open enrollment period.
