The Patient Protection and Affordable Care Act, signed into law in 2010, is the latest in a long string of efforts to reform health care in the United States. In this article, we provide a brief background and explore key components of this law. We examine extant research on what is known about how insurance coverage impacts consumer well-being and the role health and financial literacy play in achieving well-being. We then introduce important research questions highlighting areas where little is known and where much opportunity lies to inform policy and improve consumer well-being.
ASJC Scopus subject areas
- Sociology and Political Science
- Economics, Econometrics and Finance(all)