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What do I need to know about the new health care reform law?
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You should know that the Affordable Care Act, also known as Obamacare, was signed into law in 2010. It requires most Americans to have health insurance or pay a penalty. The law also provides subsidies for those who can't afford it and helps people with pre-existing conditions get coverage. Additionally, the law expands Medicaid eligibility and allows young adults to stay on their parents' plans until they are 26 years old.