Question

Prior to the Affordable Care Act (ACA), the United States spread the costs of changes in healthcare to different entities (insurance companies, employers, and consumers for example) rather than centralizing most of the cost like many European nations and Canada. This created a financial gap in healthcare leaving many without coverage because they could not afford it.

In your initial post, based upon your current knowledge of the ACA, discuss your beliefs on whether the financial gap in healthcare is bridged.

In your response post, give your classmate specific examples on additional ways to bridge the gap.

Answer 1

ACA reform provided greater protection to the population against health care cost especially for those who are with moderate to low income. It provided health benefits package, cost-sharing reduction for lower-income populations, limitation to out of pocket costs helped many Americans. employer market plans provide more cost protection than the individual markets. American income growth is not included for growth in health care costs. ACA provided expansion for health care coverage to access health care. ACA gave all Americans including pre-existing conditions, low to the moderate-income population to improve access to health coverage and Medicaid program, insurance exchange improves the market place for quality and affordability in health insurance.
Example: ACA insurance expansion improved access to care for low-income people, it avoids delaying care and improves access to health care for low income and all the adults in America.