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Cons. Outlook. Some pros of Obamacare include more affordable health insurance and coverage for preexisting health conditions, while some cons include people having to pay higher premiums. The ...
The Affordable Care Act ( ACA ), formally known as the Patient Protection and Affordable Care Act ( PPACA) and colloquially 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.
The Affordable Care Act provides several protections and benefits, including: You can keep your children on your health insurance longer. Your children can stay on your policy until they are 26 ...
A flexible spending account (FSA) is an account that allows you to save pre-tax dollars and use them toward your medical and dependent care expenses. Many employers offer FSAs as a benefit. You ...
A health insurance deductible is a specified amount or capped limit you must pay first before your insurance will begin paying your medical costs. For example, if you have a $1000 deductible, you ...
WebMD provides coverage of health care reform, Medicare, Medicaid, health insurance, and the Affordable Care Act, including benefits, costs, coverage, financial assistance, and much more.
The Medicare for All Act (abbreviated M4A ), also known as the Expanded and Improved Medicare for All Act or United States National Health Care Act, is a bill first introduced in the United States House of Representatives by Representative John Conyers (D-MI) in 2003, with 38 co-sponsors. [1] [2] In 2019, the original 16-year-old proposal was ...
The premium tax credit ( PTC) is a mechanism established by the Affordable Care Act (ACA) through which the United States federal government partially subsidizes the cost of private health insurance for certain lower- and middle-income individuals and families. The PTC is a refundable tax credit, and may be applied directly to the cost of ...
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