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Consumer-Directed Health Plans

Plans that aim to increase consumer awareness and knowledge of healthcare costs with plan benefit design that encourages shopping around. These plans generally have a high deductible and include a health savings account (HSA) or health reimbursement account (HRA).

Affordable Care Act (ACA)

Commonly used shorthand for the Patient Protection and Affordable Care Act, the 2010 health care reform law signed by President Obama; often referred to as…