Home > Terms > English, UK (UE) > Affordable Care Act

Affordable Care Act

The Affordable Care Act is a major health care reform statute passed by the U.S. congress and signed into by President Barack Obama on March 23, 2010. The law represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965. Also called Obamacare, the law aims to protect patients' rights by decreasing the number of uninsured Americans and lowering overall health care cost.

Key features of the law include patients rights protections, insurance choices, lowered overall insurance costs, access to preventive services and prescription drug discounts for people who are 65 or older, and tax credits to small businesses to help make care more affordable for employers, employees, and early retirees.

The law is expected to be fully rolled out before 2014.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Thuy Do
  • 0

    Terms

  • 0

    Blossaries

  • 0

    Followers

Industry/Domain: Zoology Category: Zoological terms

phylum placozoa

Macroscopic, flattened marine animals, composed of ventral and dorsal epithelial layers enclosing ...

Thuy Do
  • 0

    Terms

  • 0

    Blossaries

  • 0

    Followers

Industry/Domain: Zoology Category: Zoological terms

phylum cnidaria

Cnidarians. Hydras, hydroids, jellyfish, sea anemones, and corals. Free-swimming or sessile, with ...

qys1978
  • 0

    Terms

  • 1

    Blossaries

  • 0

    Followers

Industry/Domain: Accounting Category: Auditing

share a term with millions

Share a term with millions of users around the world and increase your online visibility.Share a ...

Bob
  • 0

    Terms

  • 1

    Blossaries

  • 5

    Followers

Industry/Domain: Plants Category: Trees

oak

Genus native to the Northern Hemisphere with spirally arranged leaves, catkins for flowers and ...

Bagar
  • 0

    Terms

  • 64

    Blossaries

  • 6

    Followers

Industry/Domain: Geography Category: Geography

Everest

The last but not least mount Everest. The Earth's highest mountain, with a peak at 8,848 metres ...

David Parkin
  • 0

    Terms

  • 1

    Blossaries

  • 36

    Followers

Industry/Domain: Plants Category: General plants

aglaonema

Genus of about 20 species of usually rhizomatous, evergreen perennials from tropical forest in Asia. ...

Aidan Teare
  • 0

    Terms

  • 0

    Blossaries

  • 6

    Followers

Industry/Domain: Science Category: General science

Robojelly

Robojelly is a hydrogen-powered robot desgined in the United States that moves through the water ...

  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: People Category: Entrepreneurs

Ferdinand Porsche

Ferdinand Porsche (3 September 1875 – 30 January 1951) was an Austrian-German automotive engineer ...

  • 0

    Terms

  • 40

    Blossaries

  • 4

    Followers

Industry/Domain: Broadcasting & receiving Category: News

Marzieh Afkham

Marzieh Afkham, who is the country’s first foreign ministry spokeswoman, will head a mission in east ...

  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Accounting Category: Auditing

define1

Share a term with millions of users around the world and increase your online visibility.Share a ...

Contributor

Featured blossaries

Angels

Category: History   1 4 Terms

Ukrainian judicial system

Category: Law   1 21 Terms