Obamacare (Affordable Care Act)

The Affordable Care Act (Obamacare) is a law enacted in 2010 to make health insurance more accessible and affordable. It requires most Americans to have health coverage and prohibits insurers from denying coverage or charging higher prices due to pre-existing conditions. The law expanded Medicaid in many states, created health insurance marketplaces for comparing plans, and implemented measures to improve healthcare quality and reduce costs. Its goal is to increase insurance coverage, prevent healthcare exploitation, and make healthcare services more equitable across the nation.