How did the Affordable Care Act change health care in the United States quizlet?
Asked by: Prof. Noble Thompson | Last update: December 9, 2023Score: 4.8/5 (12 votes)
more widely known as the Affordable Care Act or Obamacare. The act was enacted to expand coverage, hold insurance companies more accountable, lower healthcare costs, give people more choice for insurance, and increase the quality of healthcare/ health insurance.
How did the Affordable Care Act change health care in the United States?
The ACA significantly changed the healthcare system in the U.S. by reducing the amount individuals and families paid in uncompensated care. The act requires every American to have health insurance and provides assistance to those who cannot afford a plan.
How has the Affordable Care Act improved or worsened the US healthcare system?
The ACA has made health insurance more accessible—particularly for women, people of color, and LGBTQ people. Its provisions, especially Medicaid expansion, have made insurance more affordable and have resulted in substantial gains in health coverage.
What have been some effects of the Affordable Care Act quizlet?
Increases benefits and lower costs for consumers, bolster our health care and public health workforce and infrastructure, foster innovation and quality in our system.
What did the Affordable Care Act do for states?
Key Features of the Affordable Care Act
It created state- or multistate-based insurance exchanges to help individuals and small businesses purchase insurance. The law expanded Medicaid coverage for low-income individuals and allows young adults to remain on parents' policies until age 26.
5 Things About The Affordable Care Act (ACA)
What 3 things did the Affordable Care Act do?
- Make affordable health insurance available to more people. ...
- Expand the Medicaid program to cover all adults with income below 138% of the FPL. ...
- Support innovative medical care delivery methods designed to lower the costs of health care generally.
Why is the Affordable Care Act important in healthcare?
The ACA supports public health prevention efforts. It created the Prevention and Public Health Fund, which has paid for public health efforts across the country. The ACA requires insurance policies to cover essential health benefits that can help prevent serious, costly conditions.
How has the Affordable Care Act impacted hospitals?
Expanded health insurance coverage through the Affordable Care Act (ACA) is having a major impact on many of the nation's hospitals through increases in the demand for care, increased patient revenues, and lower uncompensated care costs for the uninsured.
What impact did the Affordable Care Act have on healthcare reimbursement?
Some Medicare and Medicaid reimbursement rates declined under the Affordable Care Act to transition the industry away for fee-for-service. While rates were reduced, CMS developed value-based incentive payments and alternative payment models to reward high-quality and affordable care rather than volume.
What is the consequence of the Affordable Care Act?
The law will result in health insurance coverage for about 94% of the American population, reducing the uninsured by 31 million people, and increasing Medicaid enrollment by 15 million beneficiaries. Approximately 24 million people are expected to remain without coverage.
Why is the Affordable Care Act failing?
Not only did the ACA fail to control the rising cost of insurance, but it also failed to make health care and prescribed medicines affordable. According to a West Health and Gallup, 30 percent of surveyed individuals did not seek needed medical treatment due to the cost from September to October 2021.
How successful has the Affordable Care Act been?
More than 20 million people have gained coverage as a result of the ACA. It has dramatically reduced the uninsured rate.
Has the Affordable Care Act increased healthcare costs?
Conclusion. Data on how much Americans actually paid for their health insurance confirm that the ACA's mandates and regulations dramatically increased the cost of individual market health insurance in almost all states.
Has there been changes to the Affordable Care Act?
Under the original ACA subsidy structure, subsidies were unavailable to people with incomes above 400% FPL, meaning premiums for older enrollees could easily cost more than 20% of their household income. But now, premium payments are capped at no more than 8.5% of household income.
When was the Affordable Care Act put into effect?
The Patient Protection and Affordable Care Act was signed into law on March 23, 2010. The ACA was amended by the Health Care and Education Reconciliation Act on March 30, 2010.
What are two major benefits of the Affordable Care Act?
Two of the biggest coverage expansion provisions of the ACA went into full effect in 2014: the expansion of Medicaid and the launch of the health insurance marketplaces for private coverage. Together, these programs now cover tens of millions of Americans.
Did the Affordable Care Act help the economy?
In reviewing evidence over the past five years, this report concludes that the ACA has had no net negative economic impact and, in fact, has likely helped to stimulate growth by contributing to the slower rise in health care costs.
What impact did the Affordable Care Act have on access to care for US adults with diabetes?
8 Prior to the ACA, 17% of American adults with diabetes were uninsured. Since the law took effect, that number declined by 12%, and among low-income Americans with diabetes, the decline was 27%.
What benefits does the Affordable Care Act provide?
A set of 10 categories of services health insurance plans must cover under the Affordable Care Act. These include doctors' services, inpatient and outpatient hospital care, prescription drug coverage, pregnancy and childbirth, mental health services, and more. Some plans cover more services.
What are three benefits of the Affordable Care Act quizlet?
- extending insurance coverage to the uninsured/underinsured.
- decreasing costs by improving efficiency.
- expanding prevention and wellness programs (PH measures)
- protecting against undue financial burdens on individuals as a result of healthcare expenditures.
- improving patient safety and quality of care.
What would make the Affordable Care Act better?
Making Insurance Premiums More Affordable
ensure through 2025 that no one has to spend more than 8.5 percent of household income on premiums; previously, eligibility for premium tax credits was capped at 400 percent of the federal poverty level (i.e., $106,000 for a family of four)
What are the 10 essential benefits of the Affordable Care Act?
- Ambulatory patient services (outpatient services)
- Emergency services.
- Hospitalization.
- Maternity and newborn care.
- Mental health and substance use disorder services, including behavioral health treatment.
- Prescription drugs.
Why was the Affordable Care Act of 2010 controversial?
One early controversy concerned whether individuals would lose their current health plans when the new law took effect. Initially, some insured people were taken by surprise when their insurers canceled policies that did not qualify as minimum essential coverage (MEC) under the ACA.
How did the ACA fail to provide access to healthcare for all individuals?
It largely failed. Health insurance markets are only afloat because of massive federal subsidies and premiums and out-of-pocket obligations significantly increased for families. While the ACA has led to about 13 million more people with Medicaid, many more have been harmed.