The Patient Protection and Affordable Care Act (PUBLIC LAW 111–148—MAR. 23, 2010 124 STAT. 119 , 2010), also known as PACA, ACA, or Obamacare, was passed in 2010. President Obama hoped to improve healthcare and make it more affordable.
This book is designed to give you short sections and help you think. The ACA is long. The table of contents is about 12 pages. There is no way to cover it in a few pages.
However, now I have given you a background to look at it. You learned about supply and demand. If you want the price of something to go down, you know that you must increase supply or decrease demand. You learned about risk and how insurance premiums are based on risk. You learned that to a politician, a provider is an insurance company, not a doctor. With that in mind, let’s look at just a few parts of Obamacare.
