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Obamacare
[oh-bah-muh-kair]
noun
a federal law providing for a fundamental reform of the U.S. healthcare and health insurance system, signed by President Barack Obama in 2010: formally called Affordable Care Act or Patient Protection and Affordable Care Act.
Word History and Origins
Origin of Obamacare1
Example Sentences
But the higher costs stem from more people using the insurance services than the company had expected, particularly in its Affordable Care Act — known as Obamacare — business, but also in its Medicare and Medicaid businesses.
The current shutdown has happened largely because Democrats and Republicans are locked in a standoff over including an extension for Obamacare subsidies in stopgap funding legislation.
However, the Beacon analysts emphasized that the subsidies for Obamacare, also known as the Affordable Care Act, or ACA, don’t actually stop until the end of this year.
Nov. 1 is when open enrollment starts for Obamacare plans, and that’s widely seen as something that could help drive dealmaking.
Obamacare is, overall, a successful and popular program — the Republicans’ worst nightmare.
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