Asked by Patrick Alves on Jun 22, 2024

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To ensure that low- and middle-income families have health insurance that they can afford,the Affordable Care Act of 2010:

A) provides government subsidies to low- and middle-income families.
B) provides Medicaid for low- and middle-income families.
C) exempts low- and middle-income families from the individual mandate.
D) forces employers to provide them with health insurance.

Affordable Care Act

A comprehensive health care reform law enacted in March 2010 in the United States, aimed at expanding health insurance coverage and reducing healthcare costs.

Government Subsidies

Financial assistance provided by the government to individuals, businesses, or institutions to support activities deemed beneficial for the public good.

Low-and Middle-Income Families

Households with earnings that are below the median income level, often eligible for certain financial aids.

  • Acquire understanding of different health insurance schemes in the United States, such as SCHIP and the Affordable Care Act.
  • Comprehend the role of government subsidies and policies in providing health insurance to low- and middle-income families.
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TF
Tristan FernandezJun 25, 2024
Final Answer :
A
Explanation :
The Affordable Care Act of 2010 provides government subsidies, in the form of tax credits, to help low- and middle-income families afford health insurance. This is done through the Health Insurance Marketplace, where individuals can shop for plans and apply for financial assistance based on their income level. Medicaid is another option for those with low incomes, but not all states have expanded Medicaid eligibility under the ACA. The individual mandate requires individuals to have health insurance or face a penalty, but low- and middle-income families may qualify for exemptions or financial assistance to help them comply with the mandate. The ACA does include a provision requiring certain employers to provide health insurance to their employees, but this only applies to businesses with a certain number of full-time employees and does not guarantee affordability for employees.