What are the two main parts of the Affordable Care Act?
Asked by: Devyn Nader | Last update: December 2, 2023Score: 4.6/5 (48 votes)
The law has 2 parts: the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act.
What are the main components of the Affordable Care Act?
- 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 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.
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 ...
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.
The Affordable Care Act (ACA) Explained: Understanding Obamacare
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.
Is the Affordable Care Act also known as Obamacare?
The comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”). A measure of income issued every year by the Department of Health and Human Services (HHS).
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 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 are the two major policy issues that affect the current state of health care delivery?
The Patient Protection and Affordable Care Act (ACA) and the expansion of Medicaid are two important policy concerns that have had a substantial impact on the current status of health care delivery and population health equity in the United States.
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.
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).
What are the two main concepts related to the health insurance Portability and Accountability Act of 1996?
HIPAA, also known as Public Law 104-191, has two main purposes: to provide continuous health insurance coverage for workers who lose or change their job and to ultimately reduce the cost of healthcare by standardizing the electronic transmission of administrative and financial transactions.
What is Affordable Care Act summary?
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.
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 one requirement of the Affordable Care Act answers?
The correct answer is B. The government will set up its own health insurance entity. This act provides medical insurance for all Americans. The state shall ensure that necessary health benefits are provided.
What is not included in the Affordable Care Act?
Long-term care: You will need to pay for long-term care if you become disabled or need to move to a nursing home. It's not an essential health benefit under the Affordable Care Act and is not covered by Medicare or most private health plans. Abortion: Abortion is not one of the essential health benefits.
How is the Affordable Care Act funded?
The amount of federal funding for the ACA optional expansion is as high as it is because the federal government pays 95 percent of the ACA optional expansion population's Medi‑Cal costs in 2017. Federal Government Provides Billions of Dollars to Help Californians Obtain Insurance Coverage Through Covered California.
Does the Affordable Care Act have a lifetime cap?
The health care law stops insurance companies from limiting yearly or lifetime coverage expenses for essential health benefits.
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 is considered a main point 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 is the difference between Obamacare and the Affordable Care Act?
“Obamacare” and the “Affordable Care Act” are the SAME thing. A recent article in the New York Times reported survey results showing that one-third of the people surveyed did not know that “Obamacare” and the “Affordable Care Act” refer to the same law. So? Even more people – more than 60 percent!
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.
Why is it still called Obamacare?
'Obamacare' was such a catchy nickname for the 2010 healthcare reform law. Headline writers love it and President Barack Obama decided to embrace it when his Republican enemies coined the term.