What are three of the purposes of the Affordable Care Act?

Asked by: Karelle Moore  |  Last update: April 28, 2025
Score: 4.3/5 (49 votes)

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 3 goals of the Affordable Care Act?

Overview of the Affordable Care Act (ACA)

The Triple Aim goals are: improve patient care, improve population health, and reduce the cost of health care.

In which 3 ways did the Affordable Care Act affect individuals?

How does health care reform affect me?
  • If you get sick, an insurance company cannot cancel your policy.
  • Health insurance companies cannot turn down your application because of your health status.
  • Women can no longer be charged more for insurance than men.

What are the reasons for the Affordable Care Act?

The law has 3 primary goals:
  • Make affordable health insurance available to more people. ...
  • Expand Medicaid 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 were the three major components of the PPACA?

Below, we describe in more detail the key elements of PPACA that are intended to establish the health coverage purchasing continuum.
  • Individual Mandate to Obtain Coverage. ...
  • Health Insurance Exchanges. ...
  • Subsidies to Low–Income Persons To Obtain Coverage. ...
  • Employer Requirements.

ACA 101: A Comprehensive Guide to the Affordable Care Act

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What are the three pillars of ACA?

1 The 3 pillars of the Affordable Care Act (ACA): access, quality, and cost.

What are three 3 payers of services provided in the US health care system?

There are three different types of payers in the healthcare industry:
  • Government/Public. Government-funded health insurance plans like Medicaid and Medicare set amounts that they pay to healthcare providers. ...
  • Commercial. ...
  • Private.

What does the Affordable Care Act cover?

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 were the goals of the Affordable Care Act quizlet?

In an effort to control healthcare costs, the ACA has a provision to limit the cost of premiums and increase most health benefits.

What are the intentions of the Affordable Care Act?

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 ...

Who benefits most from the Affordable Care Act?

The biggest winners from the law include people between the ages of 18 and 34; blacks; Hispanics; and people who live in rural areas.

What is the biggest problem with the Affordable Care Act?

Impact on Individual Insurance

It was also known that consumers would face a very different health insurance world under the ACA, with some people seeing their premiums go down and some seeing them go up, and the majority of Americans seeing higher deductibles, higher copays, and a smaller pool of providers.

What are the pros and cons of the Affordable Care Act?

The pros of the ACA include prohibiting insurance companies from denying coverage based on health history and providing subsidies to reduce premiums and out-of-pocket costs. The cons of the ACA include small business challenges and limited provider options in some regions.

How did the Affordable Care Act change healthcare?

It did so by expanding Medicaid to people with incomes up to 138% of the federal poverty level (the poverty level in the continental U.S. is $15,060 for a single individual in 2024); creating new health insurance exchange markets through which individuals can purchase coverage and receive financial help to afford ...

What are 5 of the essential health benefits provided by the Affordable Care Act?

The 10 categories of benefits in an EHB package are: 1) ambulatory patient services, 2) emergency services, 3) hospitalization, 4) maternity and newborn care, 5) mental health and substance use disorder services, 6) prescription drugs, 7) rehabilitative and habilitative services and devices, 8) lab services, 9) ...

What is the triple aim of the ACA?

The Triple Aim targets simultaneous and balanced improvement of population health, patient experience, and cost of care [8].

What was the Affordable Care Act designed to do?

Membership Moves Medicine™ 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.

Which of the following was the major goal of the Affordable Care Act, sometimes known as Obamacare of 2010?

The ACA's goals are to minimize the number of uninsured by making health care more affordable and improving the quality of available care.

What was the primary goal of the Affordable Care Act worked to improve many aspects of health care?

The first—and central—aim is to achieve near-universal coverage and to do so through shared responsibility among government, individuals, and employers. A second aim is to improve the fairness, quality, and affordability of health insurance coverage.

What does the Affordable Care Act cover quizlet?

attempts to reform the healthcare system by providing more Americans with Affordable Quality Health Insurance and by curbing the growth in healthcare spending in the U.S.. online marketplaces for health insurance.

Who is eligible for ACA benefits?

All full-time permanent, full-time nonpermanent and ongoing variable-hour, part-time and seasonal employees are eligible for benefits. If an employee is full-time or meets the 30-hour eligibility requirement, he should be offered benefits.

Why is affordable healthcare important?

Surveys consistently show that people delay or forgo care due to cost, worry about their ability to pay for health care bills, and incur medical debt. Health care affordability—or a lack thereof—can harm individual health.

Who is the biggest payer in healthcare?

Medicare is the single largest payer for health care services in the United States.

What are the three main payment mechanisms used in managed care?

Capitation, fee for service (FFS), and payment for performance (P4P) were the most reported types of PPMs (Table 2). These payment mechanisms were paid to either individual providers such as doctors (health workers) and/or organisation providers such as hospitals.