Since the enactment of the Affordable Care Act (ACA), millions of uninsured americans now have some type of healthcare. It has expanded Medicaid coverage in some states for low income citizens and has made insurance more affordable for some middle income families. It does this by offering market-based health plans that people can choose from and offers subsidies to families who need help purchasing insurance. The ACA has had some definite effects on healthcare providers. Physicians are seeing a large influx of patients, because of the newly insured. Because patients now have insurance, they are seeking basic care from their doctor, instead of dealing with an emergency room visit. Another good thing about the ACA is that more services are covered
The accessibility to health care due to the Affordable Care Act has saved so many lives, more than we can count. Furthermore, every beneficial concept has cons attached to it. The Affordable Care Act was also the cause of many workers losing their employment-based
The Affordable health care act, popularly known as Obamacare, it’s a law that makes affordable health care available to more Americans since there are million of uninsured Americans and it will be cutting the rising cost of health insurance. Because of this law that grants coverage to everyone, it is increasing the rate of demand and consumer expending, making a great impact in the economy especially to GDP and economic growth. Also, not only there’s an increase in spending but also the labor market has been growing, since the employment rate has been increasing in the health care sector. While providing insurance to every American, it is generating major benefits to the newly insured like improving health, enhancing families security, increasing
The Affordable Health Care Act, also known as “Obamacare”, is basically just Obama trying to make sure that the whole nation has insurance and if they do not have it by January 1, 2014, they will be penalized with a fine. To make insurance more affordable, many Americans are able to qualify for a subsidy that lowers the cost depending on age and income. Also, “Obamacare” made it impossible for insurers’ to discriminate, or charge higher rates, for anyone who has pre-existing conditions or for a certain gender. Medicare will also be easier to obtain due to requirement of insurance. This law was passed in the U.S. on March 23, 2010 by Congress and President Barack Obama.
By accommodating to these changes the organization to better serve a greater population at a greater level of quality. Laws and policies also have impacted the organization, such as the Affordable Care Act (ACA). The ACA allowed more patients to have access of healthcare services, driving the demand for health care services higher. This called for the need to increase supplies and staff for the organization. With the ever-changing technology updates, the organization must keep up to date to provide the best quality of care available which can cost an organization extra time and
“Healthcare Reform 101,” written by Rick Panning (2014), is a wonderful article that describes, in an easy-to-understand language, the Patient Protection and Affordable Care Act, signed into law March 23, 2010. The main goal of the Patient Protection and Affordable Care Act was to provide affordable, quality healthcare to Americans while simultaneously reducing some of the country’s economic problems. Two areas will be covered throughout this paper. The first section will include a summary of the major points and highlights of Panning’s (2014) article, including an introduction to the ACA, goals of the signed legislation, provided coverage, and downfalls of the current healthcare system. The second part will be comprised of a professional
The affordable care act is a United States statue signed into law by President Obama in March of 2010. It represents the most significant improvement to the U.S. healthcare system since 1965 with the addition of Medicare and Medicaid. Also known and commonly referred to as Obamacare, it was enacted to increase the affordability and quality of health insurance, diminish the rate of the uninsured by expanding public and private insurance coverage while reducing the cost of healthcare for individuals and the government. This law will require Hospitals and doctors to reconstruct financial practices along side with technologically and clinically to advance better outcomes, reduce cost and improve methods of accessibility.
Additionally, Obama Care was responsible for bringing down the number of uninsured Americans from “41.3 million in 2013 [to] 28 million” (Jacobson par. 4), which is definitely a huge accomplishment. In other words, Obamacare was able to drastically bring down the number of uninsured people in a short period of time of 7 years. According to the Rand Corp, however, the repeal of the ACA could lead to “15.6 million uninsured people” (Jacobson 9), which could lead to a more disastrous setting in America. With many uninsured Americans roaming the streets, the federal government will lose the opportunity to receive even a little money from low-income families, but at the same time, will be putting many at
The Affordable Care Act “provides Americans with better health security putting in place comprehensive health insurance reforms that will; expand coverage, hold insurance companies accountable, lower health care costs, guarantee more choice, and enhance the quality of care for all Americans” states in the Affordable Care Act article. The base of the Affordable Care Act is to help the middle class or financially unstable people get cost effective insurance. This is a major benefit for millions of people especially that don’t have a stable job, young adults and many with families to support, and people who retire and can’t afford paying so much money for medical problems. So with that being said, it will be a long-term benefit for millions to
The Affordable Care Act has major impact on the health care system, some positive as well as negative. Although it provides the Americans people with better health security by expand coverage, hold insurance companies accountable, lower health care costs, guarantee more choice, and enhance the quality of care for all Americans, it also cause major issues for providers and small practices. The Patient Protection and Affordable Care Act will bring several changes in within the health care system (Morrison & Furlong 2014). Some of the areas that will be affected by Patient Protection and Affordable Care Act (PPACA) include the way cares are being provided and cost of care. In addition, Patient Protection and Affordable Care Act will focus on designing
Conservatives need to stop and take a look around. It seems as if Republicans have been so dead set on repealing the Affordable Care Act, that they do not even know why they are doing it. House and Senate leaders are constantly talking about reform- but where is the replacement plan? There are a lot of people that are able to afford healthcare because of Obamacare. As a nation, we cannot allow ourselves to take a step backwards.
They will also have reduced healthcare costs, which helps them to save money. One of the other positives is the accessibility of healthcare. After the Affordable Healthcare Act was passed, many citizens who could not afford healthcare before could get free and accessible healthcare. The Affordable Healthcare Act also helps with Job Lock for employees. There are many jobs that offer healthcare for their employees.
All these new restrictions, requirements, and red tape come with a price. Healthcare plans that have provided American families with coverage are being dropped all over the country by insurance companies since they don’t meet the minimum guidelines of the expansive new plans that are recommended by the Affordable Care Act. As a result of the implication of ObamaCare, millions of Americans have lost their healthcare plans, which directly goes against the main goal of the program and Obamas promise to America. ObamaCare has conflicted with the market for citizens who buy coverage on their own by having new coverage and benefit mandates, therefore causing a reported 4.7 million health insurance cancelations in 32 states (ObamaCareFacts.com).
Obamacare or the Affordable Care Act was signed into law in 2010 by President Obama. There are many changes that will and are happening because of this law. Citizens cannot be turned down for coverage because of preexisting conditions, and everyone is required by law to have health insurance coverage. Those citizens who cannot afford coverage will be able to get assistance paying for it unless they are under the poverty level. Those citizens will be able to get Medicaid if their state expands coverage.
According to the HHS(department of health and human resources) the ACA prohibits insurance companies from denying coverage or charging higher premiums based on pre-existing conditions. This provision has helped millions of Americans with chronic health conditions access affordable healthcare (HHS, 2014). As mentioned by ncbi the ACA has implemented a number of reforms aimed at improving the quality of care, such as incentivizing hospitals to reduce readmissions and implementing value-based payment models. These efforts have led to better outcomes for patients and reduced costs for the healthcare system (McIlvennan et al., 2015). Ncbi brings up that while the ACA has faced criticism for its cost, it has also implemented several measures aimed at containing healthcare costs.
Before the Affordable Care Act was put into work, over 45 million Americans were uninsured. The Affordable Care Act, also known as Obamacare, was then made to help those who were uninsured. It allowed people with financial struggles with the same opportunity as everyone else to have a healthcare plan. Even though the law was passed in 2010, it took a full year of back and forth to get it passed in the Senate. Obamacare may help you get coverage, but charge you an annual fee if you don’t have one.