What are three benefits of the Affordable Care Act quizlet?

• 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.

• Emergency services.
• Hospitalization (surgeries and inpatient care)
• Laboratory services.
• Mental health and substance use disorder services (including behavioral health treatment such as counseling and psychotherapy)
• Outpatient care.

What are 3 kinds of insurance you should have and what are their benefits?

Life insurance will help provide financially for your survivors. Health insurance protects you from catastrophic bills in case of a serious accident or illness. Long-term disability protects you from an unexpected loss of income. Auto insurance prevents you from bearing the financial burden of an expensive accident.

What are 3 primary factors which created the need for health insurance?

What three forces created the need for health insurance in America? Technology (advanced treatments are costly) , Social factors (desirability of medical treatments), and economic factors( unpredictability of medical needs and costs of treatment).

Which is known to be a benefit of the Affordable Care Act?

About 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).

How is the Affordable Care Act beneficial?

Protected more than 133 million people with pre-existing conditions, like cancer, asthma or diabetes, pregnancy, from being denied coverage for their pre-existing condition. Mandated that most insurers cover 10 essential health benefits, including mental health and prescription drugs.

How did the Affordable Care Act benefit the economy?

By increasing workers' mobility across jobs, secure access to health insurance helps them to find the job that is best for them—and thus increases overall wages and productivity. Moreover, reducing job lock encourages entrepreneurship, a critical ingredient for growth and job creation. 6.

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.

What was the intent of the ACA's 10 essential benefits requirement quizlet?

What was the intent of the ACA's 10 essential benefits requirement? The benefits were an attempt to establish minimum health benefit requirements for insurance companies and thus creating health plan policies that were more comprehensive in coverage.

How many Americans benefit from the Affordable Care Act?

New Reports Show Record 35 Million People Enrolled in Coverage Related to the Affordable Care Act, with Historic 21 Million People Enrolled in Medicaid Expansion Coverage.

What are the benefits of repealing the Affordable Care Act?

Full repeal would also reduce premiums for higher-income beneficiaries, and reduce payroll tax contributions from beneficiaries (and other taxpayers) with high earnings. Repealing the ACA would have uncertain effects on evolving payment and delivery system reforms.

What was one of the main goals of the Affordable Care Act quizlet?

What was the primary goal of the proponents of the Patient Protection and Affordable Care Act? Extend health insurance coverage to all Americans.

What is one example of how the ACA will increase access to healthcare?

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 ...

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.

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 is Affordable Care Act also known as?

The comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”).

What are the three 3 major factors affecting health?

What are 3 common types of insurance?

The most common types of insurance coverage include auto insurance, life insurance and homeowners insurance. Insurance coverage helps consumers recover financially from unexpected events, such as car accidents or the loss of an income-producing adult supporting a family.

What are 3 reasons that a person might not have health insurance coverage?

Do not want or need: 21.3% Signing up was too difficult or confusing: 18.4% Cannot find a plan that meets needs: 18% Lost job: 2.8%

What are the 5 benefits of insurance?

What are the 3 most common insurance needs that all businesses must have?

In some instances, you might be legally required to purchase certain types of business insurance. The federal government requires every business with employees to have workers' compensation, unemployment, and disability insurance.

What are the primary benefits of insurance?

Insurance plans are beneficial to anyone looking to protect their family, assets/property and themselves from financial risk/losses: Insurance plans will help you pay for medical emergencies, hospitalisation, contraction of any illnesses and treatment, and medical care required in the future.