What is one benefit of the Affordable Care Act?
Asked by: Prof. Abel Gutkowski | Last update: October 15, 2025Score: 4.6/5 (54 votes)
What is a benefit of the Affordable Care Act?
Once you buy health insurance, you do not have to pay anything for preventive care. Most coverage must now include Essential Health Benefits (EHBs). No more annual dollar limits on coverage for EHBs. No more lifetime limits on EHBs.
Which of the following is a benefit of the Affordable Care Act Quizlet?
Rationale:The consumer benefits of the ACA include free preventive care, young adults are covered under their parents' plans until age 26, consumers have the option to choose their doctor, and insurance provides access to birth control methods and counseling.
What three things did the Affordable Care Act do?
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 is one impact of the Affordable Care Act?
The Patient Protection and Affordable Care Act (ACA) expands access to health insurance in the United States, and, to date, an estimated 20 million previously uninsured individuals have gained coverage.
ACA 101: A Comprehensive Guide to the Affordable Care Act
Who benefited from the Affordable Care Act?
The ACA permitted states to expand Medicaid coverage to adults with incomes up to 138 percent of the poverty level (about $20,780 annually for an individual or $35,630 for a family of three in 2024). As of June 2023, about 24.5 million adults were enrolled in the ACA Medicaid expansion group.
How much is Obamacare a month for a single person?
Monthly premiums for Affordable Care Act (ACA) Marketplace plans vary by state and can be reduced by premium tax credits. The average national monthly health insurance cost for one person on an Affordable Care Act (ACA) plan without premium tax credits in 2024 is $477.
What are the major goals of the Affordable Care Act?
- 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 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 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) ...
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.
Who does not benefit from the Affordable Care Act?
Individuals with incomes exceeding 400 percent of the federal poverty level (FPL; $46,680 for an individual, $95,400 for a family of four) are ineligible for either Medicaid or Marketplace tax credits. This group represents 16 percent of the ineligible, uninsured population. 2.
What is considered a main point of the Affordable Care Act?
A key goal of the ACA was to expand health insurance coverage.
In which three ways did the Affordable Care Act affect individuals?
The Affordable Care Act significantly impacted individuals by ensuring women were not charged more than men for health insurance (A), allowing access to insurance regardless of health status (B), and mandating that most individuals obtain health insurance (C). Therefore, the correct answers are A, B, and C.
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.
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.
Why is the Affordable Care Act good?
The ACA helps cut high U.S. health care costs.
The ACA helps reduce costs, and its reforms should be continued to reduce costs in the future. Health care spending represented 17.5 percent of our gross domestic product in 2014, and is expected to reach 20.1 percent by 2025.
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 ...
Who is not eligible for Obamacare?
Must live in the United States. Must be a U.S. citizen or national (or be lawfully present). Learn about eligible immigration statuses. Cannot be incarcerated in prison or jail.
Is the Affordable Care Act the same as Obamacare?
“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.
What is the best healthcare insurance?
Investopedia's analysis ranks Kaiser Permanente as the best health insurance company for 2025 because of its blend of affordability and low customer complaints. UnitedHealthcare and Aetna also earned top marks. We evaluated nine insurers using dozens of criteria, such as customer satisfaction, plan types, and costs.
What disqualifies you from the premium tax credit?
For tax years other than 2021 and 2022, if your household income on your tax return is more than 400 percent of the federal poverty line for your family size, you are not allowed a premium tax credit and will have to repay all of the advance credit payments made on behalf of you and your tax family members.