The Affordable Care Act (LO 7.4) Susan and Stan Collins live in Iowa, are married and have two children ages 6 and 10. In 2023, Susan's income is 43,120 and Stan's is17,430 and both are self-employed. What is the main purpose of the Affordable Care Act?
1) To provide affordable health insurance to all Americans
2) To reduce the cost of healthcare for individuals and families
3) To expand Medicaid coverage to low-income individuals
4) To regulate the health insurance industry
