human
I've heard a lot about the Affordable Care Act. What is it and how will it affect me?
assistant
The Affordable Care Act, also known as Obamacare, was signed into law by President Barack Obama in 2010. It aims to expand health insurance coverage to millions of uninsured Americans by requiring all individuals to have health insurance or pay a penalty. Additionally, it provides subsidies for low-income households to help them purchase private health plans. In terms of how it affects you, the ACA requires that most businesses with more than 50 employees provide health insurance benefits to their workers, which can include both full-time and part-time employees. This means that if you work for a company that has 50 or more employees, you may be eligible for health care coverage under the ACA.