What problem does the US Affordable Care Act Obamacare attempt to address?
Asked by: Rosalyn Lind | Last update: August 27, 2022Score: 4.3/5 (17 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 was the purpose of Obama's Affordable Care Act?
On March 23, 2010, President Obama signed the Affordable Care Act into law, putting in place comprehensive reforms that improve access to affordable health coverage for everyone and protect consumers from abusive insurance company practices.
What problems 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 issues were addressed by the Affordable Care Act?
Key provisions of the ACA that intend to address rising health costs include providing more oversight of health insurance premiums and practices; emphasizing prevention, primary care and effective treatments; reducing health care fraud and abuse; reducing uncompensated care to prevent a shift onto insurance premium ...
What was the intention of the Affordable Care Act?
The intent of the ACA is to reform how insurance and health systems work to ultimately improve health care access, quality, and individual and public cost. If successful, the ACA has the potential to improve individual health and, ultimately, population health.
the Affordable Care Act (Obamacare) explained: impact on the US healthcare system & current status
What are the two main goals of the Affordable Care Act?
The primary goals of the Affordable Care Act were to make health insurance more affordable, to institute consumer protections, and to increase the number of people covered by health insurance. One significant product of the ACA was a health insurance marketplace (also called an exchange) run by the federal government.
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 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.
Which of the following was a goal 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 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.
Who does the Affordable Care Act help the most?
More than 20 million Americans gained health insurance under the ACA. Black Americans, children and small-business owners have especially benefited. Thirty-seven states have expanded Medicaid, deepening their pool of eligible residents to those who live at or below 138% of the federal poverty level.
What was the purpose goal of Affordable Care Act ACA quizlet?
The ACA was enacted with the goals of increasing the quality and affordability of health insurance, lowering the uninsured rate by expanding public and private insurance coverage, and reducing the costs of healthcare for individuals and the government.
What is the major result of the Affordable Care Act passed in 2010 quizlet?
Patient protection and affordable care act. Law passed by congress in 2010 to provide affordable health insurance foe all us citizens and reduce the growth in health care spending. covers through two channels: -lower income Americans covered via a federally funded expansion of medicaid.
What were the three key features of the Affordable Care Act?
Lifetime Limits: Insurers are not allowed to set a maximum dollar amount they will pay for key health benefits. Young Adult Coverage: Dependent adults up to age 26 will be allowed to stay on their parents plan. Preventative Care: All new health plans must cover preventive care and certain medical screenings.
What are the most important elements of the Affordable Care Act?
- 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.
Why is affordable healthcare important?
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.
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.
How does the Affordable Care Act increase access to health care?
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 ...
Why was the Affordable Care Act controversial quizlet?
Why is the individual mandate controversial? Because opponents of the Affordable Care Act argue that forcing people to buy health insurance is an unconstitutional use of the Commerce Clause by Congress because health insurance is not related to interstate commerce.
What is the major focus of the 2010 Patient Protection and Affordable Care Act quizlet?
The Patient Protection and Affordable Care Act (ACA) was signed by President Obama on March 23, 2010. The focus of the program is three-fold: to expand Medicaid, to preserve both Medicare and employer/job-based insurance coverage, and to promote state control of insurance markets.
Which goal is the primary focus of the Patient Protection and Affordable Care Act ACA )? Quizlet?
What was the primary goal of the proponents of the Patient Protection and Affordable Care Act? Extend health insurance coverage to all Americans. both benefits and costs should be taken into account by physicians.
Why is the Affordable Care Act controversial?
The ACA has been highly controversial, despite the positive outcomes. Conservatives objected to the tax increases and higher insurance premiums needed to pay for Obamacare. Some people in the healthcare industry are critical of the additional workload and costs placed on medical providers.
Which of the following is not true about the Affordable Care Act?
Which of the following is NOT true regarding the Affordable Care Act? It does not enact a guaranteed-issue requirement that prohibits insurance companies from denying coverage to those with preexisting conditions.
How did the Affordable Care Act affect health insurance coverage among the working poor?
After implementation of the ACA, the number of people without health insurance in the US declined by 13.3 million from late 2013 through 2017. However, the uninsured population rose by 1.9 million between 2017 and 2018, to 27.5 million people.
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 ...