Question

In: Operations Management

From the standpoint of health insurance, what were the main accomplishments of the Affordable Care Act?...

From the standpoint of health insurance, what were the main accomplishments of the Affordable Care Act? Do you feel that the ACA moved healthcare in the right direction and is fair to major groups such as small business owners, private insurance companies, and the insured population?

Solutions

Expert Solution

Explanation:

Accomplishments of Affordable Care Act:

  • Through Affordable care act more than 20 million people got insured. There were lesser uninsured people in America compared to the 2014, there were less number of people left uninsured as the affordable care act was costed less than what American people had to pay.
  • American people have more option to choose from hospitals and doctors compared to past where people had little choice of hospitals and doctors.
  • This law has made people financially stable as they have to spend lesser on medical insurance than before.
  • Through affordable care act the US government able to levy more tax through medical insurance on rich and financial freedom to poor, bridging the gap the gap between poor and rich.

The Affordable Care act had given Small Business Health Options progarammme to small business owners to provide heath and dental insurance to their employees. They can get this insurance through private insurance company at lower cost.


Related Solutions

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...
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 ?
A centerpiece to the Affordable Care Act is the health insurance exchange provision. Define what a...
A centerpiece to the Affordable Care Act is the health insurance exchange provision. Define what a health insurance exchange is and how it is supposed to function.
Is the Affordable Care Act an HMO, why and what are the pros and cons of this model of health care insurance
this s a BUSINESS class conentratio HEALTHCARE ADMINISTRATIONHMO is a Health Maintenance Organization.Is the Affordable Care Act an HMO, why and what are the pros and cons of this model of health care insurance
The Affordable Care Act is expected to help increase access to health care. Health insurance exchanges...
The Affordable Care Act is expected to help increase access to health care. Health insurance exchanges will be an important part of that. Most people get health insurance through their employers. But people without this option will now be able to shop for health insurance on exchanges, as an alternative to buying coverage directly from individual health insurers. Exchanges are new and easy to use. Experts predict that by 2016, more than 25 million people will use exchanges to buy...
At the same time the Affordable Care Act is popular with voters, the health insurance mandate...
At the same time the Affordable Care Act is popular with voters, the health insurance mandate was ended early in the Trump Administration. Are you optimistic or pessimistic about the future of the Affordable Care Act (now that the requirement for everyone to have health insurance has been eliminated)? Why or why not?
Through a review of health insurance options to include the Affordable Care Act, Medicare, Medicaid and...
Through a review of health insurance options to include the Affordable Care Act, Medicare, Medicaid and private care insurance, describe in detail the best health insurance options for the following people: 1. Single mother (age 29) mother of three kids (Age 3, 9, 12). Income $29,000/year, no child support. 2. Family of 5 (Mom 39, Dad 42; Kid # 1 13, Kid # 2 10 and Kid # 3 8). Combined income 672,000/year 3. Single widower age 70, living alone,...
Pick a provision of the Affordable Care Act that would affect health insurance premiums. Describe if...
Pick a provision of the Affordable Care Act that would affect health insurance premiums. Describe if it would increase or decrease premiums and why.
The Affordable Care Act (ACA) has increased the share of population with health insurance. Most of...
The Affordable Care Act (ACA) has increased the share of population with health insurance. Most of the newly insured were reasonably healthy and viewed health insurance as too expensive, given its likely benefits. As a result, the ACA will primarily affect the demand for primary care services, and many anticipate a shortage of primary care physicians (Robeznieks 2013). Some other observers suggest that this concern is overblown (Auerbach et al. 2013). The production is of primary care is changing in...
The Affordable Care Act a. expands health insurance benefits for the insured? b. results in some...
The Affordable Care Act a. expands health insurance benefits for the insured? b. results in some age groups subsidizing other age groups c. results in insurers establishing low-cost, narrow provider networks d. All of the above
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT