The Affordable Care Act is a federal statute signed into law in 2010 that introduces a sweeping overhaul of the nation’s healthcare system. The act grants the federal government significant regulatory powers and price controls over U.S. medical service providers and insurance companies. The Act’s landmark provisions included an insurance mandate which prohibited insurers from denying coverage to individuals due to preexisting conditions and insurance requirements for individual children who did not have coverage via their families. The Act also required states to set up and main…
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Yes, and allow consumers to choose providers and import pharmaceuticals from other countries
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