Examlex
Express the sum or difference as a product.
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Uncertainty
The state of having limited knowledge where it is impossible to exactly describe existing states, outcomes, or future events.
Individual Mandate
A requirement for individuals to have health insurance or pay a penalty, originally a key provision of the Affordable Care Act.
Affordable Care Act
The Affordable Care Act, also known as Obamacare, is a law enacted to increase health insurance quality and affordability, and lower the uninsured rate by expanding public and private insurance coverage.
Adverse Selection
A situation where sellers have information that buyers do not have, or vice versa, leading to an unbalanced and inefficient market.
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