Search results
Results From The WOW.Com Content Network
The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and informally 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 Patient Protection and Affordable Care Act, often shortened to the Affordable Care Act (ACA) or nicknamed Obamacare, is a United States federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
President Obama followed with the 2010 Patient Protection and Affordable Care Act (ACA), commonly referred to as "Obamacare". By 2016, the law covered approximately 24 million people with health insurance via a combination of state healthcare exchanges and an extension of Medicaid. [6]
The bill was expected to be vetoed by President Obama should it pass the Senate. [27] In early December, the Senate passed an amended version of the healthcare reconciliation bill, sending it back to the House. [28] [29] It was passed by the House on January 6, 2016, and vetoed by President Obama on January 8, the sixth veto of his presidency. [30]
There were a number of different health care reforms proposed during the Obama administration.Key reforms address cost and coverage and include obesity, prevention and treatment of chronic conditions, defensive medicine or tort reform, incentives that reward more care instead of better care, redundant payment systems, tax policy, rationing, a shortage of doctors and nurses, intervention vs ...
Lawmakers originally felt these changes would help prevent tax evasion by corporations. However, in April 2011, Congress passed and President Obama signed the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 repealing this provision, because it was burdensome to small businesses.
In the article, Obama reviews the effects of his signature health care reform law, the Patient Protection and Affordable Care Act, widely known as "Obamacare". He concludes that since the law took effect, 20 million more Americans have gained health insurance under it, and the uninsurance rate has dropped to 9.1% (as of 2015). [8]
During the presidency of Barack Obama, who campaigned heavily on accomplishing health care reform, the Patient Protection and Affordable Care Act (PPACA) was enacted in March 2010. In the 2016 administration, President Donald Trump said during the election that the healthcare system should work based on free market principles. He endorsed a ...