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Obamacare, Affordable Care Act, Health Insurance Reform, Healthcare Reform: Enacted by: the 111th United States Congress: Effective: March 23, 2010; 14 years ago () Most major provisions phased in by January 2014; remaining provisions phased in by 2020; penalty enforcing individual mandate set at $0 starting 2019: Citations; Public law: 111–148
The Patient Protection and Affordable Care Act, often shortened to the Affordable Care Act (ACA) or nicknamed Obamacare, is a United States federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
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When it comes to retirement destinations, Nevada has several things in its favor. The Silver State has no state income tax and relatively low property taxes, along with plenty of fun and ...
Others lose coverage when they graduate from college. Many young adults do not have the kind of stable employment that would provide ongoing access to health insurance. [38] [39] According to the Congressional Budget Office the plan the way it is now would have to cover unmarried dependents under their parents' insurance up to age 26.
Essentially, the law provided money to states to expand the number of people eligible for free or low-cost healthcare, particularly those who earn less than 138% of the FPL.
Reforms have often been proposed but have rarely been accomplished. In 2010, landmark reform was passed through two federal statutes: the Patient Protection and Affordable Care Act (PPACA), signed March 23, 2010, [1] [2] and the Health Care and Education Reconciliation Act of 2010 , which amended the PPACA and became law on March 30, 2010.