Question

In: Economics

discuss the affordable care act of 2010 and how it attempts to improve quality, reduce costs,...

discuss the affordable care act of 2010 and how it attempts to improve quality, reduce costs, and increase access. also include strategies and how to gain support from various stakeholders and improve community acceptance

Solutions

Expert Solution

The Patient Protection and Affordable Care Act of 2010 refer to a law that significantly changed United States health care system. The law has 3 primary goals:

--Expansion of the Medicaid program to cover all adults with income below 138% of the federal poverty level

--Extending support for the innovative medical care delivery methods designed to lower the costs of health care and improving the quality.

--Make affordable health insurance available to wider section

The strategies involved to make it success include:

--Insurance companies were not allowed from dropping coverage if a person got really sick. Also were not permitted create lifetime coverage limits; and could not deny coverage to children with pre-existing conditions.

-- The small firms received tax credits to cover up to 35 percent of the premium payments of their total employee

-- A 10 percent excise tax on Indoor tanning services were assessed

-- Medicare beneficiaries who fell into the category of Medicare Part D Prescription Drug "donut hole" were provided a rebate of $250

-- Children were permitted to stay on the health insurance of their parents' until they turn 26.

-- A re-insurance program offset the health benefits costs for workers age 55-64 that were forced into early retirement

There were several stakeholders involved in the formulation of Obamacare, including the following: health insurers and other commercial groups related to the policy, federal and state governments, National Republican Congressional Committee, political parties and leaders, the Supreme Court, and the general public.


Related Solutions

How we can improve  Affordable Care Act?
How we can improve  Affordable Care Act?
What are the provisions and implications of the Affordable Care Act of 2010 ?
What are the provisions and implications of the Affordable Care Act of 2010 ?
How is the Affordable Care Act of 2010 (also known as Obamacare) an example of federalism...
How is the Affordable Care Act of 2010 (also known as Obamacare) an example of federalism at work? Will President Trump's repeal of the individual mandate (included the recent 2017 tax law) undermine or enhance the effectiveness of federalism with regards to the implementation of Obamacare? Obamacare's individual mandate requires that most Americans obtain and maintain health insurance each month or pay a tax penalty.
With the implementation of the Affordable Care Act discuss: How are the policies of the Exchange...
With the implementation of the Affordable Care Act discuss: How are the policies of the Exchange identified in NYS? Are they all the same cost? What disparities have the beneficiaries of the Exchange insurance policies experienced? Name at lease 3 disparities (challenges) and discuss the impact to their healthcare services.
The Affordable care act was signed into president Barack Obama in march 2010.
The Affordable care act was signed into president Barack Obama in march 2010.
Which of the following are goals of the Patient Protection and Affordable Care Act of 2010?...
Which of the following are goals of the Patient Protection and Affordable Care Act of 2010? Select all that apply. A. Expand access to those without health coverage B. Eliminate insurance companies C. Improve affordability to those who are already covered D. Slow the annual rise in health care costs while not adding to the federal budget deficit
9. The Patient Protection and Affordable Care Act of 2010 (ACA 2010) resulted from which of...
9. The Patient Protection and Affordable Care Act of 2010 (ACA 2010) resulted from which of the following? a. A large number of lawsuits that occurred from lack of quality healthcare. b. Several protests among the healthcare system that occurred in the late 20th century. c. Bills that were introduced in Congress in 1980 and 1990. d. A disproportionate number of long-term care facilities available for the older adults in need. 10. Which of the following will be necessary to...
The Patient Protection and Affordable Care Act (PPACA) was passed into legislation in March of 2010....
The Patient Protection and Affordable Care Act (PPACA) was passed into legislation in March of 2010. Identify the impact of this legislation on your nursing practice by choosing two key nursing provisions outlined in the topic material "Nursing and Health Reform." Discuss how these two provisions have impacted, or will impact, your current practice of nursing.
One of the main goals of the ACA (Patient Protection and Affordable Care Act of 2010,...
One of the main goals of the ACA (Patient Protection and Affordable Care Act of 2010, aka Obamacare) was to provide affordable health care to the uninsured. 1. What were the THREE primary pieces of the law that were meant to provide coverage for everyone (other than undocumented immigrants, who were not going to be covered)? 2. Which of these three pieces was not able to be fully enacted because of a Supreme Court case in 2012 (ruled unconstitutional) and...
The Patient Protection and Affordable Care Act of 2010 (ACA) and the Medicare Access and CHIP...
The Patient Protection and Affordable Care Act of 2010 (ACA) and the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) changed the way that healthcare providers are reimbursed in the United States. Both laws attempt to move from a volume-based reimbursement method to a quality-based reimbursement method. For this discussion forum, select one of the two laws and discuss some key points of how the law you selected has changed reimbursement. Consider discussing if we have seen improvements in...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT