Which of the following is a benefit of the Affordable Care Act Quizlet?

What was one of the main goals 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).

What has been the result 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.

What is considered a main point of the Affordable Care Act?

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 was the purpose of the Affordable Care Act's individual mandate quizlet?

Under the Affordable Care Act, the individual mandate requires all Americans to purchase health insurance. The individual mandate was a key provision of the Affordable Care Act (ACA), which aimed to increase the number of Americans with health insurance and reduce the overall cost of healthcare.

What are some of the possible advantages and disadvantages of a managed care insurance plan?

What are the economic benefits of the Affordable Care Act?

Lower long-term deficits due to the ACA will mean higher national saving, which will increase capital accumulation and reduce foreign borrowing, thereby making workers more productive and increasing national income and living standards over time. 4. Improving health and making workers more productive.

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) ...

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.

Which of the following statements best describes section 1557 of the Affordable Care Act (ACA)?

Section 1557 is the non-discrimination provision of the Affordable Care Act (ACA). Section 1557 prohibits discrimination on the basis of race, color, national origin, sex, age, or disability in specified health programs or activities, including those that receive Federal financial assistance.

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.

Why do we need affordable health care?

Affordability impacts whether people can get the care they need, like insulin to manage their diabetes or following up on a mammogram. If those are too costly, people will delay or skip care, which has significant impacts down the line on both health outcomes and cost.

What is the Affordable Care Act Quizlet?

attempts to reform the healthcare system by providing more Americans with Affordable Quality Health Insurance and by curbing the growth in healthcare spending in the U.S..

What was the reason for the Affordable Care Act?

When fully implemented, the Act will cut the number of uninsured Americans by more than half. The law will result in health insurance coverage for about 94% of the American population, reducing the uninsured by 31 million people, and increasing Medicaid enrollment by 15 million beneficiaries.

What is the mandate of the Affordable Care Act?

In the United States, the Affordable Care Act (ACA) signed in 2010 by President Barack Obama imposed a health insurance mandate which took effect in 2014. Under this law, insurance companies are restricted in their ability to alter insurance rates based on the current health of the individual buying the insurance.

What are the benefits of the ACA?

Under the Affordable Care Act (ACA), you have special patient protection when you are insured through the Health Insurance Marketplace: Insurers cannot refuse coverage based on gender or a pre-existing condition. There are no lifetime or annual limits on coverage for essential health benefits.

What are the major goals of the Affordable Care Act?

What is one requirement of the Affordable Care Act answers?

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.

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.

What are the effects of the Affordable Care Act?

The ACA has reduced the number of uninsured people to historically low levels and helped more people access health care services, especially low-income people and people of color.

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.