Asked by christine collins on Sep 25, 2024
Under the terms of the Affordable Health Care Act, starting in 2014, almost everyone in the U.S. is required to have medical insurance. Those who fail to get insurance are penalized, and those who are unable to afford it are eligible for subsidized coverage.
Affordable Health Care Act
A U.S. federal statute enacted in 2010 aimed at expanding access to health insurance, reducing health care costs, and improving health care quality.
Subsidized Coverage
Financial assistance provided by government or organizations to help individuals afford health insurance or other forms of necessary insurance.
Penalized
Subjected to a penalty or punishment for an offense or infringement of rules.
- Comprehend the regulatory and policy structure of healthcare in the United States, especially the Affordable Health Care Act.
Learning Objectives
- Comprehend the regulatory and policy structure of healthcare in the United States, especially the Affordable Health Care Act.