Insurance Terms

Welcome to our terminology page! Here, you'll find a comprehensive list of key terms and definitions relevant to the health insurance space.
Illustration of a woman holding a notebook.

Patient Protection and Affordable Care Act (PPACA)

This is the formal name for the healthcare makeover law, also known as Obamacare. It aimed to make healthcare more affordable and accessible by introducing new rules for insurance companies, offering subsidies, and protecting against unfair insurance practices.