What is the 2013 Affordable Care Act?
Create state-based American Health Benefit Exchanges through which individuals can purchase coverage, with premium and cost-sharing credits available to individuals/families with income between 133-400% of the federal poverty level (the poverty level is $19,530 for a family of three in 2013) and create separate …
What are the main points 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 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.
What is the Patient Protection and Affordable Care Act summary?
(It’s sometimes known as “PPACA,” “ACA,” or “Obamacare.”) The law provides numerous rights and protections that make health coverage more fair and easy to understand, along with subsidies (through “premium tax credits” and “cost-sharing reductions”) to make it more affordable.
What is the major objective of the Affordable Care Act quizlet?
What is the main objective of the ACA? Increases benefits and lower costs for consumers, bolster our health care and public health workforce and infrastructure, foster innovation and quality in our system.
Is the Affordable Care Act a federal law?
The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act, and colloquially known as Obamacare, is a United States federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
Why is the Affordable Care Act important?
Medicaid expansion: The ACA has improved health outcomes for many Americans by enabling states to expand Medicaid, the source of health care serving low-income populations. In states that have expanded Medicaid, more people are receiving the right care, at the right time, in the right place.
How the Patient Protection and Affordable Care Act became law?
The Patient Protection and Affordable Care Act was signed into law by President Obama on March 23, 2010. The ACA significantly changed the healthcare system in the U.S. by reducing the amount individuals and families paid in uncompensated care.
Is the Patient Protection and Affordable Care Act constitutional?
Some of the concerns were legal questions regarding constitutionality and so legal processes began to address this issue. In June 2012, the Supreme Court decided in a 5–4 vote that the Act is constitutional.
What is the Care Act law?
The comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”). 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).
Which of the following is a benefit 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 …