What are 2 key provisions of the ACA?
Asked by: Flavio McGlynn | Last update: September 4, 2025Score: 4.3/5 (9 votes)
- Make affordable health insurance available to more people. ...
- Expand Medicaid 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.
What were the key provisions of the ACA?
Women can no longer be charged more for insurance than men. In fact, insurance rates cannot be based on gender or gender identity at all. Once you buy health insurance, you do not have to pay anything for preventive care. Most coverage must now include Essential Health Benefits (EHBs).
What are the two parts of the ACA?
The law has 2 parts: the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act. Full Text of the Affordable Care Act and Reconciliation Act (PDF – 2.6 MB) This is not the official version, and we provide it for your convenience.
What are the 2 main goals of the ACA Accountable Care Act )?
The Patient Protection and Affordable Care Act (ACA) has 3 main objectives: (1) to reform the private insurance market—especially for individuals and small-group purchasers, (2) to expand Medicaid to the working poor with income up to 133% of the federal poverty level, and (3) to change the way that medical decisions ...
Which of the following is a key provision of the ACA?
Its key provisions include having the insurers cover preventive services, requiring the insurers to cover young adults under their parent's plan until the age of 26, individuals with preexisting conditions are not denied coverage, prescriptions medications are covered, and the annual and lifetime benefits have no limit ...
ACA 101: A Comprehensive Guide to the Affordable Care Act
How many provisions are in the ACA?
While the ACA is comprised of 10 titles and hundreds of sections, this review focuses on key provisions related to expansion of health insurance coverage through dependent coverage provisions and ESI, health insurance exchanges, employer and individual mandates, and Medicaid expansion.
What is the meaning of key provisions?
A key provision refers to a significant clause or element within a legal document, agreement, or legislative act that outlines specific rights, responsibilities, or conditions.
What are the major provisions of the Affordable Care Act (ACA) Quizlet?
The four major components of the ACA are expanding Medicaid, preventing insurance companies from denying or increasing the cost of coverage to sick people, requiring all Americans to have health insurance, and requiring large companies to provide health insurance to employees.
What are two major benefits of the Affordable Care Act?
Among other things, the ACA made it easier for many people to get coverage, removed annual and lifetime limits on essential health benefits and put in place requirements that individuals have medical coverage or pay a tax penalty.
What are the three pillars of ACA?
1 The 3 pillars of the Affordable Care Act (ACA): access, quality, and cost.
What does the ACA focus on?
Make affordable health insurance available to more people. The law provides consumers with subsidies (“premium tax credits”) that lower costs for households with incomes between 100% and 400% of the federal poverty level (FPL). Expand the Medicaid program to cover all adults with income below 138% of the FPL.
What does the ACA include?
It applies to people aged 16 and over. It covers decisions about day-to-day things like what to wear or what to buy for the weekly shop, or serious life-changing decisions like whether to move into a care home or have major surgery. Examples of people who may lack capacity include those with: dementia.
What are the segments of the ACA?
SEGMENTS/COURSE
The first, described by Fischer in 1938, delineates five segments: (1) Precommunicating (A1); (2) below the genu of the corpus callosum (A2); (3) around the genu of the corpus callosum (A3); (4) the terminal branch of the A4; and (5) the terminal branch of the A5 [1].
What is the ACA affordability provision?
In 2025, a job-based health plan is considered "affordable" if your share of the monthly premium in the lowest-cost plan offered by the employer is less than 9.02% of your household income. The lowest-cost plan must also meet the minimum value standard.
What provisions did the Affordable Care Act attempt to enact?
It did so by expanding Medicaid to people with incomes up to 138% of the federal poverty level (the poverty level in the continental U.S. is $15,060 for a single individual in 2024); creating new health insurance exchange markets through which individuals can purchase coverage and receive financial help to afford ...
What are the major provisions of a health insurance policy?
Mandatory Uniform Policy Provisions
The provisions that cover the responsibilities of the policyholder include requirements that they notify the insurer of a claim within 20 days of a loss, provide proof of the extent of that loss, and update beneficiary information when changes take place.
What are the key provisions of the Affordable Care Act of 2010?
Consumer Protections. On September 23, 2010, a number of ACA provisions took effect, including the elimination of lifetime limits on coverage, restrictions on annual limits on coverage, prohibition on rescinding coverage except in cases of fraud, and the elimination of pre-existing condition exclusions for children.
What is the biggest problem with the Affordable Care Act?
Impact on Individual Insurance
It was also known that consumers would face a very different health insurance world under the ACA, with some people seeing their premiums go down and some seeing them go up, and the majority of Americans seeing higher deductibles, higher copays, and a smaller pool of providers.
What are the employer provisions of the ACA?
1 The ACA does not require employers to provide health coverage, but it does impose employer penalties in the form of a monthly tax on employers that do not provide adequate and affordable health coverage to certain employees. This is known as the employer “shared responsibility” provision.
What are the pros and cons of Obamacare?
The pros of the ACA include prohibiting insurance companies from denying coverage based on health history and providing subsidies to reduce premiums and out-of-pocket costs. The cons of the ACA include small business challenges and limited provider options in some regions.
What does it mean that one of the main provisions of the original Affordable Care Act was the individual mandate?
The individual mandate is a provision within the Affordable Care Act (ACA) that required individuals to purchase minimum essential coverage – or face a tax penalty – unless they were eligible for an exemption.
What are the three types of provision?
Typically, provisions are recorded as bad debt, sales allowances, or inventory obsolescence. They appear on the company's balance sheet under the current liabilities section of the liabilities account.
What are the examples of provisions?
Examples of provisions include accruals, asset impairments, bad debts, depreciation, doubtful debts, guarantees (product warranties), income taxes, inventory obsolescence, pension, restructuring liabilities and sales allowances.
What are common provisions?
B. Common Provisions. The Common Provisions apply uniformly to all Constitutional Commissions (CSC, COMELEC, COA), ensuring certain fundamental principles are adhered to across the board. These provisions emphasize the commissions' independence and outline safeguards against political interference.