Affordable Care Act (Obamacare)

The Affordable Care Act (ACA), commonly known as Obamacare, is a U.S. law enacted in 2010 aimed at increasing access to health insurance. It requires individuals to have coverage and offers subsidies to help lower-income individuals afford insurance. The ACA also expanded Medicaid, allowing more low-income people to qualify for this government program. Key provisions include preventing insurers from denying coverage due to pre-existing conditions and allowing young adults to stay on their parents' plans until age 26. Overall, the ACA seeks to improve healthcare access and affordability for millions of Americans.