Question

Describe a National Health Insurance that is in place today other than the ACA. What are the similarities and differences between the two?

Answer 1

The affordable care act:

• The Patient Protection and Affordable Care Act (PPACA) was enacted on 23^rd March 2010
• The primary aims of ACA (affordable care act) include establishing near-universal coverage and shared responsibility, improving the affordability and quality of health care insurance coverage, enhancing the quality and efficacy of health care services while minimizing the wasteful spending, and to strengthen primary health-care access, particularly to medically underserved populations.
• The ACA allowed the insurance coverage to people with pre-existing conditions and created new protections for the elderly and disabled people against coverage policies.
• Overall, efforts of ACA are directed to reframe the economic association between Americans and the health-care system, thereby to stem the health insurance crisis.
• All the individuals with a certain annual income should have healthcare insurances or have to pay the penalty

Medicaid:

Medicaid is a federal-state matching funds program that includes the health insurance plans for a group of people, but not a universal program like ACA. It is aimed to provide healthcare at a low cost or for free to the eligible individuals. It includes people with low-income and also includes the disabled, elderly people, pregnant women, blind people and all others that are eligible for TANF (Temporary Assistance for Needy Families). In contrast to Medicaid, the ACA is completely regulated by the federal government.