The affordable care act is the health reform legislation signed by Obama, also called Obama care, in March 2010. It includes a health related necessities that began in 2010. The important necessities of the act are designed to provide coverage to millions of Americans who are not insured, to organize steps which reduce the expenditure of health care and to improve the quality of care delivered, and to eliminate the factors causing recession and denial of coverage. The law also reduce the cost of coverage for Americans by providing the subsidies. The 3 important goals of ACA are expand the availability or accessibility of health insurance to common people that is to cover the people with income 138 % of federal poverty level , protect the rights of benefactors from the actions of insurance companies, to decrease the expenditure of health insurance.
The ACA changed the way we purchase health insurance. For this assignment, we will look at pre-ACA days. It seems that the only ones who could get insurance were the ones who did not need it. Why is this? First, discuss the different private health insurance markets. What are the determinants of private health insurance premiums? Identify and discuss 3 factors that determine how insurance premiums are determined. Lastly, how does all of the information you presented, answer the question:...
what key elements of health reform the ACA were intended to lead to universal health insurance coverage
Describe a National Health Insurance that is in place today other than the ACA. What are the similarities and differences between the two?
Under the ACA, most Americans are required to have qualifying health insurance EXCEPT a. Undocumented immigrants b. Persons who would have to pay 5% of their income for health insurance c. Non-citizen permanent residents d. Self-employed individuals
what types of financial assistance with health insurance coverage are provided by ACA?what percent of the remaining uninsured were eligible for financial assistance in 2018?
1. Describe the differences among the five categories of health insurance plans available on the ACA marketplaces (Bronze, Silver, Gold, Platinum, and Catastrophic). a. What do each of these categories indicate? b. What are the advantages/disadvantages of each? Which would you select?
What is the goal of ACA in managed care?
In March 2010 the Affordable Health Care act (ACA) was passed. Many on the right of the political spectrum viewed this act as an infringement on individual liberty particularly with respect to the mandate that individuals buy insurance (either through private providers or through state health exchanges or through the federal health exchange) or face a penalty (fine) for not doing so. Is the ACA an infringement on individual liberty?
Recall that Medicaid is a joint federal and state entitlement health insurance program. The ACA of 2010 required all states to eliminate the use of categories to determine eligibility and expand the Medicaid program to all persons younger than age 65 with incomes at or below 138% of the federal poverty level. However, in June 2012, the U.S. Supreme Court ruled that requiring states to expand their Medicaid programs was unconstitutional: Each state could make its own decision on whether...
The goal of health insurance is to A. redistribute income from the sick to the healthy. B. spread risk over a large group of people. C. equally distribute the loss over a large number of people. D. collect sufficient premiums to cover all possible losses. E. equalize the availability of medical care across population groups.