affordable care act

You may be aware that there’s been some Obamacare news today. At issue is some imprecise language in the law as passed. You see, the Affordable Care Act set up the idea of exchanges, or marketplaces where a consumer could compare and buy health insurance. It was expected that each state would run their own exchange, but if a state couldn’t or wouldn’t, then the federal government would step in an run an exchange. Another part of the law set up a system of subsidies, so that if a customer couldn’t afford health insurance, then the federal government would assist financially....

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