The type of health insurance option that did Barack Obama sign into law was the Mandatory Insurance.
What is Mandatory Insurance?
A Mandatory insurance is also called as the compulsory insurance. It is defined as any sort of insurance that any individual or business firm is lawfully compelled to acquire.
Person and undertakings that arousal to prosecute in definite financially hazardous activities must have obligatory insurance in a case like driving a car or running a business with employees.
This was the sort of health insurance option that President Barack Obama signed into law.
Therefore, the health insurance option did Barack Obama sign into law was the Mandatory Insurance.
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