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On the date the Patient Protection and Affordable Care Act of 2010 was enacted, [when?] only a few health insurance exchanges across the country were up and running. Among them were the Massachusetts Health Connector, the New York HealthPass - a non-profit exchange, and the Utah Health Exchange. Advocates claim these exchanges make these ...
The law mandated that nearly every resident of Massachusetts obtain a minimum level of insurance coverage, provided free and subsidized health care insurance for residents earning less than 150% and 300%, respectively, of the federal poverty level (FPL) [2] and mandated employers with more than 10 full-time employees provide healthcare insurance.
The Massachusetts Educational Financing Authority (MEFA) is a self-financing, not-for-profit state-charted student loan authority created by the Commonwealth of Massachusetts in 1982. [1] The authority was created to provide fixed rate student loans and operate the Massachusetts 529 plan U.Fund, launched in 1999, and its prepaid tuition plan U ...
Historically, international students have been instrumental in supporting the growth of U.S. higher education and the broader economy. In the 2022–2023 academic year, international students contributed over $40 billion to the U.S. economy, primarily through tuition payments and living expenses.
Health plans would cover 70% of the cost of the benefits. [21] [22] Setting a penalty for a company with more than 50 workers not offering health care coverage after 2014, of $2,000 for each full-time worker above 30 employees. For example, an employer with 53 workers will pay the penalty for 23 workers, or $46,000. [21]
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The law caused a significant reduction in the number and percentage of people without health insurance. The CDC reported that the percentage of people without health insurance fell from 16.0% in 2010 to 8.9% from January to June 2016. [201] The uninsured rate dropped in every congressional district in the U.S. from 2013 to 2015. [202]
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