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The pre-existing condition exclusion period is a health insurance provision that limits benefits for a period of time for a prior medical condition.| Investopedia
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Insurance is a contract in which an insurer indemnifies another against losses from specific contingencies and/or perils.| Investopedia
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The Affordable Care Act is the federal statute that was signed into law in 2010 as part of the healthcare reform agenda of the Obama administration.| Investopedia
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A preexisting condition is an illness or health condition that existed prior to applying for health or life insurance.| Investopedia