Affordable Care Act

The Affordable Care Act (ACA), also known as Obamacare, is a US law enacted in 2010 aimed at expanding health insurance coverage and making it more affordable. It achieves this through subsidies, regulations on insurance companies, and expansion of Medicaid. The ACA is newsworthy due to expiring healthcare subsidies, which were a point of contention in Congress in 2025. These expiring subsidies are poised to significantly impact individuals who purchase insurance through the ACA marketplaces, potentially forcing them to cut back on other essential needs to afford healthcare. The ACA's relevance lies in its continued role in providing health insurance to millions of Americans, and the ongoing debate surrounding its funding and future.