What is one requirement of the Affordable Care Act quizlet?
Asked by: Otis Bode | Last update: November 24, 2023Score: 4.1/5 (37 votes)
What is the Individual Mandate? A requirement that all individuals and employers purchase health insurance. There is a penalty tax for failure to comply.
Which 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 ...
What does the ACA require quizlet?
Individual mandate. an affordable care act provision that requires that all americans and legal residents buy health coverage no matter how sick and regardless of any pre-existing health problems.
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 were the key requirements of the Affordable Care Act for an organization?
A mandate that employers with 50 or more full-time employees offer affordable, essential coverage to at least 95 percent of full-time employees and their dependents. Provisions for insurance premium subsidies for certain low- and middle-income households.
ACA 101: A Comprehensive Guide to the Affordable Care Act
What 3 things did the Affordable Care Act do?
- 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 is a goal of the Affordable Care Act to establish?
The primary goal of the Patient Protection and Affordable Care Act (Affordable Care Act) is to broaden access to health insurance coverage.
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.
What were the main accomplishments of the Affordable Care Act?
- Health of Women and Families.
- Health of Older Adults and People with Disabilities.
- Coverage Gains & Patient Protections.
- Mental Health and Substance Use Support.
- Health of LGBTQI+ and Communities of Color.
What is one of the key goals of the Affordable health care Act of 2010 _____?
One of the key goals of the Affordable Health Care Act of 2010 is: to reduce the number of uninsured citizens in the country. A supplementary medical insurance (SMI) provides health care protection beyond the basic hospital coverage for: anyone age 65 or over who pays premiums on a voluntary basis.
What is the Affordable Care Act ACA and what does it require 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. Covers preventative care at no cost to you, protects your choice of doctors, removes insurance company barriers to emergency services.
What are the major provisions of the Affordable Care Act ACA quizlet?
- 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.
What provision in the Affordable Care Act requires US residents to maintain health insurance?
The Affordable Care Act (ACA) requires most Americans to have qualifying health insurance called "minimum essential coverage." Under the ACA's individual shared responsibility provision (also known as the "individual mandate"), most Americans must maintain minimum essential coverage.
What are the two main parts of the Affordable Care Act?
The law has 2 parts: the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act.
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.
Does the Affordable Care Act require everyone to have insurance?
As of Jan. 1, 2019, there is no mandate for health insurance at the federal level. Before 2019, under the ACA, also called Obamacare, U.S. adults who were not otherwise eligible for an exemption were required to have health insurance coverage for themselves and their families.
What is the greatest of three Affordable Care Act?
This rule essentially says that for out-of-network emergency services, self-funded health plans must allow claims at the greatest of (1) 100% of Medicare, (2) the amount the plan would allow for non-emergent out-of-network claims (in other words, Usual and Customary, Maximum Allowable Charge, etc.), or (3) the median ...
What are three benefits of the Affordable Care Act quizlet?
- 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 is one requirement of the Affordable Care Act Brainly?
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 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 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 ...
How did the ACA fail to provide access to healthcare for all individuals?
It largely failed. Health insurance markets are only afloat because of massive federal subsidies and premiums and out-of-pocket obligations significantly increased for families. While the ACA has led to about 13 million more people with Medicaid, many more have been harmed.
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.
How many people did the Affordable Care Act give insurance to?
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.
Who benefits most from the Affordable Care Act?
People with the lowest incomes tended to benefit the most from the law. That makes sense, given how the Affordable Care Act is designed. In states that expanded Medicaid, low-income people can get insurance without having to pay a premium.