The story
Blend of Obama (“Barack Obama”) + healthcare or Medicare and perhaps influenced by earlier HillaryCare.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: Any of various healthcare plans seen as associated with Barack Obama before or during his tenure as U.S. President; especially, the Patient Protection and Affordable Care Act (H.R. 3590): a healthcare reform plan that was passed in 2010 and signed into law by him. Full definition →
Blend of Obama (“Barack Obama”) + healthcare or Medicare and perhaps influenced by earlier HillaryCare.
Etymology from Wiktionary, CC BY-SA 4.0.