Question

Compose a 3-page research paper addressing the role of the Affordable Care Act (ACA) plays in the US health care system. Support your information through research or credible sources. Address the following topics.

• What are the primary goals of ACA?
• What are the current benefits and issues pertaining to the ACA?
• What is a pre-existing medical condition under the ACA?
• What is the ACA Marketplace?
• What are the Federal government Medicaid Expansion funds?

Answer 1

The Affordable Care Act (ACA) has three primary, overarching objectives: increase health insurance coverage, reduce rising healthcare costs, and improve the quality of care provided (Key).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 ...

The ACA covers many screenings and preventive services. These usually have low copays or deductibles. The hope is that if you're proactive in your healthcare, you can avoid or delay major health problems later. Healthier consumers will lead to lower costsover time.

• The cost has not decreased for everyone. Those who do not qualify for subsidies may find marketplace health insurance plans unaffordable. ...
• Loss of company-sponsored health plans. ...
• Tax penalties. ...
• Shrinking networks. ...
• Shopping for coverage can be complicated. ...
• Marketplace uncertainty can raise.
• Two categories of individuals willbenefit the most from the exchanges: those who don't have health insurance right now and those who buy insurance on the individual market.
• A pre-existing condition is typically one for which you have received treatment or diagnosis before you enrolled in a new health plan. ... TheACA made it illegal for healthinsurance companies to deny youmedical coverage or raise rates due to a pre-existing condition. Under the Affordable Care Act, healthinsurance companies can't refuse to cover you or charge you more just because you have a “pre-existing condition” — that is, a healthproblem you had before the date that newhealth coverage starts.
• The Health Insurance Marketplace is a platform which offers insurance plans to individuals, families, and small businesses. The Affordable Care Act(ACA) established the Marketplace as a means to extend health insurancecoverage to millions of uninsured Americans.A health insurance exchange, also calledmarketplace, is where you can buy a health insurance plan for individuals and families. Exchanges were set up by the Affordable Care Act (ACA), also known as Obamacare. They make it easier to see what plans are available in an area, compare them, and make a purchase.
• The Federal Government Pays 90 Percent of the Total Cost of Medicaid Expansion. Beginning in 2014, the ACA offered states the option to expand eligibility for Medicaid to individuals with incomes up to 138 percent of thefederal poverty level, or roughly $17,000 per year for a single person. Under the ACA, the federal government paid100 percent of the cost of Medicaid expansioncoverage from 2014 to 2016. The federalshare dropped to 95 percent in 2017, 94 percent in 2018, and 93 percent in 2019 andwill settle at 90 percent in 2020 and each year thereafter.Medicaid expansion will cover all families and individuals below this income level, including groups who are currently left out of public health coverage such as low-income, able-bodied parents, low-income adults without children, and many low-income individuals with chronic mental illness or disabilities, who struggle ...