Talk About: -Queen Victoria

question 98

Essay

Talk about:
-Queen Victoria

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Definitions:

PPACA

Patient Protection and Affordable Care Act, a significant healthcare reform law in the United States aiming to improve healthcare access, reduce costs, and enhance healthcare quality.

Employer Mandate

The requirement under the Patient Protection and Affordable Care Act (PPACA) of 2010 that firms with 50 or more employees pay for insurance policies for their employees or face a fine of $2,000 per employee per year. Firms with fewer than 50 employees are exempt.

PPACA

The Patient Protection and Affordable Care Act (PPACA), commonly known as Obamacare, is a United States federal statute enacted to increase health insurance quality and affordability, lower the uninsured rate by expanding public and private insurance coverage, and reduce the costs of healthcare for individuals and the government.

Personal Mandate

A requirement for individuals to purchase or otherwise obtain a particular good or service; often used in the context of compulsory health insurance.