human
I've been hearing a lot of talk about the new health care law. I don't know what it is or how it will affect me. Can you tell me about it?
assistant
Sure, I can explain it to you! The Affordable Care Act (ACA) was signed into law in 2010 and went into effect in 2014. It aims to provide affordable health insurance for all Americans by expanding Medicaid eligibility, providing subsidies to help people buy private health insurance, and requiring certain employers to offer coverage. In addition, the ACA prohibits insurers from denying coverage due to pre-existing conditions and allows children up to age 26 to remain on their parents' plans.