What are two reasons for keeping the ACA?

Asked by: Mr. Jessie Wilkinson  |  Last update: September 24, 2023
Score: 4.9/5 (6 votes)

The ACA helps cut high U.S. health care costs.
In addition to increasing insurance coverage, the Affordable Care Act makes investments in programs designed to reduce the cost and improve the quality of health care.

Why keep the Affordable Care Act?

Since its enactment on March 23, 2010, the Affordable Care Act has led to an historic advancement of health equity in the United States. This landmark law improved the health of all Americans, including women and families, kids, older adults, people with disabilities, LGBTQI+ and communities of color.

What are two benefits of 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). Expand the Medicaid program to cover all adults with income below 138% of the FPL.

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 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.

5 Things About The Affordable Care Act (ACA)

28 related questions found

What are three benefits of the Affordable Care Act quizlet?

Match
  • 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.

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

Which of the following was one of the goals of the Affordable Care Act of 2010? to ration expensive health care services in order to make health care more affordable for the country as a whole.

What are four benefits with 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. Some plans cover more services.

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 are the 10 essential benefits of the Affordable Care Act?

Essential health benefits ensure that health plans cover care that patients need
  • 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.

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.

How does ACA improve 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 ...

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 is one benefit of 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 are some of the benefits of the Affordable Care Act quizlet?

Affordable Care Act Provisions Include:
  • 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.

Is the Affordable Care Act good for the economy?

In reviewing evidence over the past five years, this report concludes that the ACA has had no net negative economic impact and, in fact, has likely helped to stimulate growth by contributing to the slower rise in health care costs.

What does the ACA mostly likely to accomplish?

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 ...

Why is affordable healthcare important?

People without coverage are more likely to suffer declines in overall health — the result of little or no preventive care and delays in care that cause more severe problems or hospitalizations.

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 ...

Who proposed the Affordable Care Act?

The bill was sponsored by Representative Charles Rangel. At the encouragement of the Obama administration, the 111th Congress devoted much of its time to enacting reform of the United States' health care system.

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 main accomplishments of the Affordable Care Act quizlet?

The act was enacted to expand coverage, hold insurance companies more accountable, lower healthcare costs, give people more choice for insurance, and increase the quality of healthcare/ health insurance.

What is one of the effects of the Affordable Care Act?

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 ...

What are 3 essential health benefits that an insurance plan must include now under Obamacare?

How many essential health benefits does the ACA mandate?
  • 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.

How can the ACA be improved?

11 ways to improve Obamacare
  1. 1) Require insurance companies to offer all ACA-qualified policies through the State Marketplaces. ...
  2. 2) Permanently expand the premium tax credits to apply to everyone, regardless of income. ...
  3. 3) Remove the employer mandate.