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The Patient Protection and Affordable Care Act (PPACA or ACA), better known as Obamacare, was signed into law by Barack Obama on March 23, 2010. It was one of the most partisan pieces of legislation in history. Not a single Republican in the House or the Senate voted in favor of the bill (H.R. 3590, P.L. 111–148).
The ACA expanded Medicaid eligibility, created state health-insurance exchanges, instituted federal subsidies for the purchase of health insurance, eliminated co-payments and deductibles for selected health-insurance benefits, required the guaranteed issue of insurance policies without regard to pre-existing conditions, prohibited annual and lifetime limits on the dollar value of essential health benefits, mandated that certain employers provide health insurance, and mandated that every individual not covered by Medicaid, Medicare, or health insurance purchase health insurance or pay a penalty.
But in spite of those “reforms,” Obamacare is basically a collection of new taxes masquerading as a health-care law.
The ACA increases the ...