What are some of the significant features of the Affordable Care Act some of the significant features include?
Asked by: Miss Kitty Swaniawski | Last update: October 9, 2023Score: 4.4/5 (31 votes)
What are the significant aspects of the Affordable Care Act?
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 are 3 benefits of the Affordable Care Act?
Affordable Care Act (ACA) basics
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 is one of the key features of the Affordable Care Act expanding ____________ eligibility?
The Patient Protection and Affordable Care Act (ACA, P.L. 111-148, as amended) made a number of changes to Medicaid. Perhaps the most widely discussed is the expansion of eligibility to adults with incomes up to 133 percent of the federal poverty level (FPL).
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.
5 Things About The Affordable Care Act (ACA)
What are some of the benefits of the Affordable Care Act quizlet?
- Individual mandate.
- health insurance reforms.
- Essential Health benefits.
- Affordable insurance exchanges.
- Premium Credits to Eligible Individuals and Families.
- Employer Requirements.
- Premium Subsidiaries to Small Employers.
- Early retirement reinsurance program.
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 are the two main parts of the Affordable Care Act?
The law has 2 parts: the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act.
What were the two main goals of the Affordable Care Act ACA with respect to health insurance?
The Patient Protection and Affordable Care Act (ACA) has two main goals: (1) to make health care coverage more available, affordable, and acceptable and (2) to slow the growth of health care costs in the U.S.
What was one of the main goals of the Affordable Care Act quizlet?
Which of the following was one of the goals of the Affordable Care Act of 2010? to ration expensive health care services in order to make health care more affordable for the country as a whole.
What are four benefits with the ACA?
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 is one of the main features of the Affordable Care Act?
Key Features of the Affordable Care Act
The ACA requires employers to cover their workers and provides tax credits to certain small businesses that cover specified costs of health insurance for their employees.
Who does the ACA benefit the most?
2020). The coverage gains under the ACA made it easier for people to get health care. Adults with low income have benefited the most from the law's insurance subsidies, out-of-pocket cost protections, and expansion in Medicaid eligibility.
Which of the following was a major goal of the Affordable Care Act?
Those are affordability, medical care that is innovative, and the expansion of Medicaid. The main goal of the ACA was to ensure that every American could afford a health insurance plan.
Why is affordable health care important?
People without coverage are more likely to suffer declines in overall health — the result of little or no preventive care and delays in care that cause more severe problems or hospitalizations.
How does the Affordable Care Act improve quality of care?
Findings In this nationally representative cross-sectional study of 123 171 individuals, the ACA was associated with more high-value diagnostic and preventive testing, improved patient experience and access, and decreased out-of-pocket expenditures for lower income US individuals.
How did the Affordable Care Act affect healthcare?
Since 2010, the ACA has made health coverage more accessible and affordable for many Americans. Thanks to the ACA, Your children can stay on your health plan until they turn 26. Health plans can't deny you coverage because you have a pre-existing condition.
What are 2 ways the Affordable Care Act improves access to health insurance?
The ACA enabled people to gain coverage by 1) expanding the publicly funded Medicaid program to cover adults with annual incomes up to 138% of the federal poverty level; 2) establishing the Health Insurance Marketplace for individuals and small businesses, allowing them to purchase private health insurance (PHI); and 3 ...
How many categories are there in the Affordable Care Act?
Plans in the Marketplace are presented in 4 health plan categories: Bronze, Silver, Gold, and Platinum. (“Catastrophic” plans are also available to some people.) Health plan categories are based on how you and your plan split the costs of your health care. They have nothing to do with quality of care.
What is the primary difference between the Affordable Care Act and Obamacare?
Obamacare is the nickname for the Affordable Care Act (ACA), which was signed into law by President Barack Obama in 2010. The act brought significant changes to the U.S. healthcare system by reducing the amount paid by individuals and families for uncompensated care.
What is the Healthcare Affordability Act?
The Health Care Affordability Act lowers health care premiums by making advance premium tax credits for Marketplace plans more generous and available to more Americans, ensuring that no American pays more than 8.5% of their household income on premiums — and most pay far less.
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.
Has the Affordable Care Act helped people?
The ACA has reduced the number of uninsured people to historically low levels and helped more people access health care services, especially low-income people and people of color.
What were the main accomplishments of the Affordable Care Act quizlet?
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.
What does the ACA mostly likely to accomplish?
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 ...