Question

In: Economics

Under the Affordable Care Act health insurers are no longer allowed to deny coverage to individuals...

Under the Affordable Care Act health insurers are no longer allowed to deny coverage to individuals based on pre-existing medical conditions. The ACA also requires all individuals to have health insurance. Use the concept of risk pooling to explain the implications of each of these aspects of the ACA on health insurance premiums. Will health insurance premiums rise or fall as a result? Explain thoroughly.

Solutions

Expert Solution

Rahul Sunny answered 2 years ago
Next > < Previous

Related Solutions

is the Affordable Care Act really lower the cost overall costs for health care coverage to...
is the Affordable Care Act really lower the cost overall costs for health care coverage to the US patients..?
Affordable Care Act brought certain health insurance mandateswith some exceptions. Since Affordable Health Care Act...
Affordable Care Act brought certain health insurance mandates with some exceptions. Since Affordable Health Care Act became law, between years 2010 and 2016, the number of uninsured people in the United States went down from 48 million to about 29 million. Assume that most of these 19 million people who gained health insurance access were young and healthy. Given this information and assumption, holding everything else that may affect the demand for health insurance constant, which one of the following...
Health care insurers often deny insurance reimbursement for certain DSM classifications that are common among clients...
Health care insurers often deny insurance reimbursement for certain DSM classifications that are common among clients served by psychologists. Discuss the ethical issues related to upcoding a disorder in order to obtain reimbursement for services.
Health care insurers often deny insurance reimbursement for certain DSM classifications that are common among clients...
Health care insurers often deny insurance reimbursement for certain DSM classifications that are common among clients served by psychologists. Discuss the ethical issues related to upcoding a disorder in order to obtain reimbursement for services.
One of the goals of the Affordable Care Act (ACA) was to increase insurance coverage through...
One of the goals of the Affordable Care Act (ACA) was to increase insurance coverage through a variety of policies. The ACA was largely successful in reducing the number of uninsured in the US. How would this affect the demand for medical care? Would healthcare consumption increase or decrease? Would we expect this to increase or decrease the price of care? Explain why, theoretically, it is ambiguous that increased insurance coverage could increase or decrease health.
1.Did the Affordable Care Act have any impact on health insurance? 2.Did the Affordable Care Act...
1.Did the Affordable Care Act have any impact on health insurance? 2.Did the Affordable Care Act have any impact on employer sponsored health insurance? 3.What is the difference between public and private financing? 4.What impact do utilization reviews have on access, quality, and cost of health care? 5.How is Medicare different from Medicaid? 6.How is Medicaid financed? 7.How is Medicare financed? 8.Who administers Medicaid and Medicare? 9What is the impact of the Affordable care act on Medicare and Medicaid ?
Reimbursement for medical care by government coverage through Medicare, Medicaid and the Affordable Care Act (ACA)...
Reimbursement for medical care by government coverage through Medicare, Medicaid and the Affordable Care Act (ACA) is increasing. What do you believe the impact will be on reimbursement and providers with direct government reimbursement for medical care across all areas?
Under the Affordable Care Act, every American is now required to have health insurance. The government...
Under the Affordable Care Act, every American is now required to have health insurance. The government set up Healthcare.gov, a website that was supposed to be the easiest way for everyone to get enrolled -- only it didn't work. What happened? Discussion Question : Suggest the different reasons due to which systems fail.
Explain the impact of the Affordable Care Act on health care organiation and finance.
Explain the impact of the Affordable Care Act on health care organiation and finance.
Assess the impact of the Affordable Care Act (ACA) on access to health care.
  Assess the impact of the Affordable Care Act (ACA) on access to health care. Understand the benefits and terms of health insurance policies. Explain the significance of personalized health care. Describe what it means to be a savvy health-care consumer. Outline your rights as a health-care consumer. Discuss the pros and cons of elective treatments to enhance health or appearance. Identify ways to recognize health hoaxes and medical quackery. Weigh the benefits and potential risks of complementary and alternative...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT