Write a Short Note on the Affordable Care Act of 2010

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The Answer is The Affordable Care Act of 2010, also known as Obamacare, was a landmark healthcare reform law signed by President Barack Obama. Its primary goal was to increase the quality and affordability of health insurance, expand Medicaid eligibility, and reduce the overall cost of healthcare. The law also included provisions to protect consumers from insurance company abuses, such as denying coverage based on pre-existing conditions or charging higher premiums based on gender or health status. Additionally, the Affordable Care Act established health insurance marketplaces where individuals and small businesses could compare and purchase insurance plans. While the law has faced significant political and legal challenges, it has had a substantial impact on the healthcare system in the United States.

Write a Short Note on the Affordable Care Act of 2010

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Write a Short Note on the Affordable Care Act of 2010

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Correct Answer:Answered by ExamLex AIShow Answer

Correct Answer:
Answered by ExamLex AI