What are the main points of the Affordable Care Act?
The law has 3 primary goals:
- Make affordable health insurance available to more people.
- Expand the Medicaid program to cover all adults with income below 138% of the FPL.
- Support innovative medical care delivery methods designed to lower the costs of health care generally.
What were the 3 goals of the Affordable Care Act?
The Patient Protection and Affordable Care Act (ACA) has 3 main objectives: (1) to reform the private insurance market—especially for individuals and small-group purchasers, (2) to expand Medicaid to the working poor with income up to 133% of the federal poverty level, and (3) to change the way that medical decisions …
What is Affordable Care Act summary?
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 are the two main goals of the Affordable Care Act?
The Patient Protection and Affordable Care Act (ACA) has two main goals: (1) to make health care coverage more available, affordable, and acceptable and (2) to slow the growth of health care costs in the U.S.
Why is Affordable Care Act important?
The ACA helps cut high U.S. health care costs.
In addition to increasing insurance coverage, the Affordable Care Act makes investments in programs designed to reduce the cost and improve the quality of health care.
What are the 10 essential benefits of the Affordable Care Act?
The Affordable Care Act requires non-grandfathered health plans in the individual and small group markets to cover essential health benefits (EHB), which include items and services in the following ten benefit categories: (1) ambulatory patient services; (2) emergency services; (3) hospitalization; (4) maternity and …
What are the 10 essential health benefits under ACA?
The 10 essential health benefits include preventive care, emergency services, hospitalization, prescription drugs, mental health services, and pregnancy care. Plans also must offer dental coverage for children and may provide other benefits.
Why is the Affordable Care Act important?
What are the four major components of the Affordable Care Act?
The Affordable Care Act: A Brief Summary – March 2011
- Expand Access to Insurance Coverage.
- Increase Consumer Insurance Protections.
- Emphasize Prevention and Wellness.
- Improve Health Quality and System Performance.
- Curb Rising Health Costs.
Who introduced the Affordable Care Act?
The Affordable Health Care for America Act (or HR 3962) was a bill that was crafted by the United States House of Representatives of the 111th United States Congress on October 29, 2009. The bill was sponsored by Representative Charles Rangel.
Who benefits From Affordable Care Act?
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).
Who is covered under the Affordable Care Act?
Individuals at all income levels can sign up for health insurance under Obamacare. If you have a household income between 100% and 400% of the federal poverty level (FPL), you may qualify for a premium tax credit or special subsidies that will reduce health insurance costs.