What issues were addressed by the Affordable Care Act?

• Providing Access to Insurance for Uninsured Americans with Pre-Existing Conditions. ...
• Extending Coverage for Young Adults. ...
• Expanding Coverage for Early Retirees. ...
• Rebuilding the Primary Care Workforce. ...
• Holding Insurance Companies Accountable for Unreasonable Rate Hikes.

What are the three main goals 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 ...

What is the Affordable Care Act for dummies?

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 the major objective of the Affordable Care Act quizlet?

What is the main objective of the ACA? 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 was the biggest change that the Affordable Care Act initiated?

Two of the biggest coverage expansion provisions of the ACA went into full effect in 2014: the expansion of Medicaid and the launch of the health insurance marketplaces for private coverage. Together, these programs now cover tens of millions of Americans.

What are the major provisions of the Affordable Care Act quizlet?

What are the three main healthcare concerns?

What are the 10 essential benefits of the Affordable Care Act?

The Affordable Care Act requires non-grandfathered health plans in the individual and small group markets to cover essential health benefits (EHB), which include items and services in the following ten benefit categories: (1) ambulatory patient services; (2) emergency services; (3) hospitalization; (4) maternity and ...

Was the Affordable Care Act successful?

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 problem does the US Affordable Care Act Obamacare attempt to address and how does it do so?

The ACA was designed to reduce the cost of health insurance coverage for people who qualify for it. The law includes premium tax credits and cost-sharing reductions to help lower expenses for lower-income individuals and families.

What impact has the Affordable Care Act had on healthcare in the US?

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 ...

Which of the following is a main component of the Affordable Care Act of 2010?

The ACA enacted several insurance reforms, effective in 2010, to accomplish the following: Prohibit lifetime monetary caps on insurance coverage and limit the use of annual caps. Prohibit insurance plans from excluding coverage for children with preexisting conditions.

Which of the following was one of the goals of the Affordable Care Act of 2010 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 the advantages of the Affordable Care Act also known as the Patient Protection and Affordable Care Act quizlet?

The Act both strengthens existing forms of health insurance coverage while building a new, affordable health insurance market for individuals and families who do not have affordable employer coverage or another form of “minimum essential coverage” such as Medicare or Medicaid.

When was the Affordable Care Act effective?

ACA PROVISIONS TIMELINE

Some of the ACA's provisions became effective immediately when the law was implemented in 2010, while others are being phased in through 2020.

Why were exchanges implemented by the Affordable Care Act?

The exchanges are intended to increase competition among insurers and focus that competition on value and price. A number of provisions of the ACA should help to facilitate this objective. Administrative costs. The ACA requires exchanges to fulfill a number of administrative functions that will add to their costs.

Why the Affordable Care Act failed?

Not only did the ACA fail to control the rising cost of insurance, but it also failed to make health care and prescribed medicines affordable. According to a West Health and Gallup, 30 percent of surveyed individuals did not seek needed medical treatment due to the cost from September to October 2021.

What are the disadvantages of the Affordable Care Act?

Who does the Affordable Care Act target?

Limiting to adults focuses on this target population of the ACA and enables us to examine changes by educational attainment. Nationally, 16.3 million adults ages 19 to 64 gained coverage from 2010 to 2015. Nearly 11.5 million were between the ages of 19 and 44, and nearly 4.9 million were between the ages of 45 and 64.

What is the Affordable Care Act quizlet?

more widely known as the Affordable Care Act or Obamacare. 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 are the benefits of healthcare?

Health insurance protects you from unexpected, high medical costs. You pay less for covered in-network health care, even before you meet your deductible. You get free preventive care, like vaccines, screenings, and some check-ups, even before you meet your deductible.