What is Obamacare/ACA?

Obamacare, formally known as the Affordable Care Act (ACA), is a significant healthcare reform law in the U.S. aimed at improving healthcare accessibility and reducing costs. It broadens Medicaid, creates a health insurance marketplace, and offers consumer protections like prohibiting denial due to pre-existing conditions. With a variety of plans, it strives to make healthcare coverage more attainable, especially for low to moderate-income individuals and families. Through Obamacare, many can now access essential health benefits, from preventive care to hospitalization, without a financial burden.