What are the major provisions of the Affordable Care Act?
Asked by: Mrs. Leola Halvorson | Last update: November 27, 2023Score: 4.3/5 (65 votes)
- 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.
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 the provisions of the Affordable Care Act 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.
What provision in the Affordable Care Act requires US residents to maintain health insurance?
The Affordable Care Act (ACA) requires most Americans to have qualifying health insurance called "minimum essential coverage." Under the ACA's individual shared responsibility provision (also known as the "individual mandate"), most Americans must maintain minimum essential coverage.
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 ...
HR Basics: Affordable Care Act
What are the 2 main goals of the ACA Accountable Care Act )?
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.
Which of the following is a main component of the Affordable Care Act?
The correct answer is option 2: basic health insurance, with some exceptions. The individual mandate was a key component of the Affordable Care Act (ACA), which was signed into law in 2010. It required most Americans to have health insurance coverage or pay a penalty.
What is the main provision of the Patient Protection and Affordable Care Act of 2010 quizlet?
Patient protection and affordable care act. Law passed by congress in 2010 to provide affordable health insurance foe all us citizens and reduce the growth in health care spending. covers through two channels: -lower income Americans covered via a federally funded expansion of medicaid.
What is the major objective 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.
Which of the following does the Affordable Care Act do?
The ACA prohibits lifetime monetary caps on insurance coverage, limits the use of annual caps, and establishes state rate reviews for insurance premium increases. It prohibits insurance plans from excluding coverage for children with preexisting conditions and canceling or rescinding coverage.
What provisions are included in the Affordable Care Act that aim to reduce health disparities?
- A national quality strategy,
- Increased reliance on value-based purchasing,
- Expansion of meaningful use of electronic health records (EHRs),
- Better care coordination,
- Development of quality measures for Medicaid and Medicare, and.
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.
What were the two key provisions of the Affordable Care Act that were challenged in National Federation of Independent Business et al v Sebelius et al?
National Federation of Independent Business v. Sebelius is a United States Supreme Court case regarding the individual mandate and Medicaid expansion provisions of the Affordable Care Act (ACA).
Which provisions are healthcare changes resulting from the ACA?
The ACA reduced the annual increases in payments to hospitals under the traditional Medicare program. It also reduced payments to Medicare Advantage plans. Partly because of these measures, increases in Medicare expenditures have been 20 percent lower than projected since the law was enacted.
What was one of the most popular provisions of ObamaCare?
#2: Pre-Existing Condition Protections Are Some Of The More Popular ACA Provisions.
Which of the following are goals of the Affordable Care Act ACA of 2010 quizlet?
The ACA, also known as ObamaCare, became law in March 2010 with goals of... increasing access to healthcare for the underinsured while at the same time improving healthcare quality and controlling healthcare costs.
What is one of the main features of the Affordable Care Act?
Protection and Prevention. Pre-existing Conditions: Insurance companies can no longer deny coverage to anyone with a pre-existing condition and a medical exam is no longer required to qualify for coverage. Lifetime Limits: Insurers are not allowed to set a maximum dollar amount they will pay for key health benefits.
What is the Affordable Care Act and state its major purpose?
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 is a goal of the Affordable Care Act to establish?
The primary goal of the Patient Protection and Affordable Care Act (Affordable Care Act) is to broaden access to health insurance coverage.
What is the most controversial provision of the Patient Protection and Affordable Care Act?
The heart of the ACA — and its most controversial provision — is the individual mandate. This provision requires individuals to obtain health insurance or pay the aforementioned penalty. The government advanced two primary theories supporting the individual mandate's constitutionality.
What is a provision of the Patient Protection and Affordable Care Act quizlet?
1) Medicaid Expansion. 2) Subsidies to purchase private insurance. 3) Creation of Regulated Markets for Purchasing Private Insurance with Subsidies. 4) Mandates for Individuals and Employers.
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.
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 benefits of the Affordable Care Act?
- Hospitalization services.
- Ambulatory services.
- Urgent and emergency care.
- Prescription medications.
- Maternity and breastfeeding support.
- Laboratory services.
- Preventative and wellness benefits.
- Mental health and drug abuse services.
What is the greatest of three Affordable Care Act?
This rule essentially says that for out-of-network emergency services, self-funded health plans must allow claims at the greatest of (1) 100% of Medicare, (2) the amount the plan would allow for non-emergent out-of-network claims (in other words, Usual and Customary, Maximum Allowable Charge, etc.), or (3) the median ...