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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.
[82] [88] The law also provides for a 5% "income disregard", making the effective income eligibility limit 138% of the poverty line. [89] States may choose to increase the income eligibility limit beyond this minimum requirement. [89] As written, the ACA withheld all Medicaid funding from states declining to participate in the expansion.
2.6 million were in the "coverage gap" due to the 19 states that chose not to expand the Medicaid program under the ACA/Obamacare, meaning their income was above the Medicaid eligibility limit but below the threshold for subsidies on the ACA exchanges (~44% to 100% of the federal poverty level or FPL); 5.4 million were undocumented immigrants;
Allowing Biden’s subsidies to sunset would make Obamacare coverage more expensive across the board — Households currently pay 44% less for health plans on average than they would under the ...
A: Obamacare is another name for the Affordable Care Act (ACA), a healthcare reform law enacted in 2010 under the Obama administration. Under the ACA, for most people, neither the government nor ...
The Patient Protection and Affordable Care Act, better known as Obamacare, has a number of complex provisions. But many people see one particular quirk as a complete mistake, and it's one that can ...
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quote.firstquotehealth.com has been visited by 10K+ users in the past month