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Regulation of Private Health Insurance Under The Patient Protection and Affordable Care Act

By Chris Petersen and Joseph T. Holahan

With the enactment of the Patient Protection and Affordable Care Act on March 23, 2010 (the “Act”), Pub. L. No. 111-148 (hereinafter cited as the “PPACA”), President Obama and the Congress have ushered in what will be, barring major amendment or repeal, a new era for the regulation of private health insurance coverage in the U.S.

A few states, most notably Massachusetts, have adopted insurance reforms that are either similar to the reforms embodied by the Act or mirror portions of them. Yet the U.S. market as a whole has never seen regulatory changes as sweeping as those effected by the Act.

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