Patient Protection And Affordable Care Act Of 2010 Definition

Also know as the Health Care Reform Act, the federal law that overhauled the nation's health care system. Among other things, the law required almost all people to have health insurance or face a tax penalty, offered subsidies and credits to people who need help paying for insurance, gave tax credits to small businesses to make health insurance affordable for their employees, and required insurance companies to insure most people who have preexisting conditions.