What are the 2 main goals of the ACA Accountable Care Act )?
Asked by: Erica Kshlerin | Last update: December 14, 2023Score: 4.1/5 (44 votes)
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 2 key issues did the Affordable Care Act address?
Key Takeaways
The ACA expanded Medicaid eligibility, created a Health Insurance Marketplace, and prevented insurance companies from denying coverage due to preexisting conditions.
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 ...
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.
When were the 2 components of the ACA signed into law?
The law addresses health insurance coverage, health care costs, and preventive care. The law was enacted in two parts: 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.
ACA 101: A Comprehensive Guide to the Affordable Care Act
What is one requirement of the Affordable Care Act?
One provision contained in the law is known as the “individual mandate” which requires that all Americans (regardless of age) be covered by health insurance (through a group or individual plan) or pay an annual financial penalty assessed by the Internal Revenue Service, unless waived under certain limited circumstances ...
What are the three major elements that constitute the framework of the Affordable Care Act ACA )?
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 ...
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 are the goals of the Affordable Care Act paraphrase?
The primary goals of the Affordable Care Act were to make health insurance more affordable, to institute consumer protections, and to increase the number of people covered by health insurance.
What was one of the goals of the Affordable Care Act ACA quizlet?
Healthcare reform was the plan for the ACA and to achieve it meant focusing on these three goals: - Decrease the number of uninsured. - Increase the quality and efficiency of health care. - Slow the rising costs of health care.
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 are the essential health benefits of 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.
What is one example of how the ACA will increase access to health care?
The ACA uses two primary approaches to increase access to health insurance: It expands access to Medicaid, based solely on income, for those with incomes up to 138% of the federal poverty level (FPL), and creates eligibility for those with incomes from 139% to 400% FPL to apply for subsidies [in the form of advance ...
What were the key requirements of the Affordable Care Act for an organization?
A mandate that employers with 50 or more full-time employees offer affordable, essential coverage to at least 95 percent of full-time employees and their dependents. Provisions for insurance premium subsidies for certain low- and middle-income households.
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.
What is the conclusion of the Affordable Care Act?
Conclusion. The ACA has helped millions of Americans gain insurance coverage, saved thousands of lives, and strengthened the health care system. The law has been life-changing for people who were previously uninsured, have lower incomes, or have preexisting conditions, among other groups.
What is one of the key goals of the Affordable health care Act of 2010 _____?
One of the key goals of the Affordable Health Care Act of 2010 is: to reduce the number of uninsured citizens in the country. A supplementary medical insurance (SMI) provides health care protection beyond the basic hospital coverage for: anyone age 65 or over who pays premiums on a voluntary basis.
What did the Affordable Care Act do for healthcare?
The Affordable Care Act (ACA) is a comprehensive reform law, enacted in 2010, that increases health insurance coverage for the uninsured and implements reforms to the health insurance market. This includes many provisions that are consistent with AMA policy and holds the potential for a better health care system.
What are the major provisions of the Affordable Care Act ACA 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.
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 are the basic provisions of the Affordable health care Act of 2010?
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.
Is the Triple Aim part of the Affordable Care Act?
In 2010, the Triple Aim became part of the US national strategy for tackling health care issues, especially in the implementation of the Patient Protection and Affordable Care Act (ACA) of 2010. Since that time, IHI and others have worked together to determine how the implementation of the Triple Aim has progressed.
Does the Affordable Care Act require everyone to have insurance?
As of Jan. 1, 2019, there is no mandate for health insurance at the federal level. Before 2019, under the ACA, also called Obamacare, U.S. adults who were not otherwise eligible for an exemption were required to have health insurance coverage for themselves and their families.