What is one of the main goals of the Affordable Care Act?

Prepare for the Maine Life Insurance Test. Use flashcards and multiple choice questions with explanations. Get exam-ready now!

One of the primary goals of the Affordable Care Act (ACA) is to help individuals and small businesses purchase health insurance coverage. The ACA introduced measures such as health insurance marketplaces, where people can compare and buy insurance plans, often with the assistance of subsidies for those with low to moderate incomes. This was aimed at expanding access to healthcare and making it more affordable for a larger segment of the population, effectively reducing the number of uninsured individuals.

Additionally, the law includes provisions designed to protect consumers, such as ending denials of coverage based on pre-existing conditions and allowing young adults to stay on their parents' insurance plans until the age of 26. These elements work together to increase accessibility to health insurance for individuals and small businesses, making healthcare more inclusive and comprehensive within the marketplace.

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