Patient Protection and Affordable Care Act (ACA)

The Patient Protection and Affordable Care Act (ACA), commonly known as Obamacare, is a significant healthcare reform law enacted in 2010. Its main goals are to increase health insurance coverage and improve healthcare quality while reducing costs. The ACA established health insurance marketplaces, expanded Medicaid eligibility, and mandated that individuals have health insurance or face penalties. It also prohibited insurance companies from denying coverage due to pre-existing conditions. Overall, the ACA aims to make healthcare more accessible and affordable for millions of Americans, promoting preventive care and patient rights.