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The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and informally as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
5.3 million were eligible for ACA/Obamacare tax credits but did not enroll in the program. An estimated 46% cited costs as a barrier to getting insurance coverage. Nearly 12 million (43%) of persons were eligible for financial assistance (Medicaid or ACA subsidies) but did not enroll to obtain it. [34]
[12] [13] Softening the eligibility requirements for Medicaid was a central goal of the ACA, [14] forming a two-pronged policy along with subsidized private insurance via health insurance marketplaces to expand health insurance coverage in the U.S. [15] [7] [3] The Medicaid expansion provision of the ACA allowed states to lower the income ...
Between November 15 and January 15, more than 16.3 million Americans signed up for a health care plan through the Obamacare marketplace, according to the latest data from the Centers for Medicare ...
HealthCare.gov is a health insurance exchange website operated by the United States federal government under the provisions of the Affordable Care Act or ACA, commonly referred to as "Obamacare", which currently serves the residents of the U.S. states which have opted not to create their own state exchanges.
NEW YORK (Reuters) -U.S. healthcare spending rose by 7.5% to $4.9 trillion in 2023, driven by increased use of medical services as enrollment climbed for private health plans, particularly those ...
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