How does the Affordable Care Act Impact providers?
The ACA took several steps to reward or penalize certain behaviors by providers in the traditional fee-for-service program. This includes initiatives such as the Hospital Readmission Reduction Program, the Hospital-Acquired Condition Reduction Program, and the Hospital Value-Based Purchasing Program.
In what ways does the Affordable Care Act impact the healthcare industry the insurance industry?
The Affordable Care Act (ACA) created a dramatically different marketplace for individual health insurance through three key reforms: prohibiting insurers from considering subscribers’ health status or risk; providing substantial subsidies for millions of people to purchase individual coverage, many for the first time …
What is the impact of the Patient Protection and Affordable Care Act on health care facilities?
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. The law also expands the Medicaid program to cover more people with low incomes.
What are some specific impacts of the passage of the Affordable Care Act?
The ACA generated one of the largest expansions of health coverage in U.S. history. In 2010, 16 percent of all Americans were uninsured; by 2016, the uninsured rate hit an all-time low of 9 percent. About 20 million Americans have gained health insurance coverage since the ACA was enacted.
How does the Affordable Care Act address health professional concerns?
Key provisions of the ACA that intend to address rising health costs include providing more oversight of health insurance premiums and practices; emphasizing prevention, primary care and effective treatments; reducing health care fraud and abuse; reducing uncompensated care to prevent a shift onto insurance premium …
What are the benefits of the Affordable Care Act?
The Far-Reaching Benefits of the Affordable Care Act’s Medicaid Expansion
- Increased health coverage.
- Better access to health care.
- Better health outcomes, including fewer premature deaths.
- More financial security and opportunities for economic mobility.
- Lower uncompensated care costs.
- A stronger response to COVID-19.
What is the main purpose 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 major problems with the Affordable Care Act?
The Problem: Affordability The ACA set standards for “affordability,” but millions remain uninsured or underinsured due to high costs, even with subsidies potentially available. High deductibles and increases in consumer cost sharing have chipped away at the affordability of ACA-compliant plans.
What is the economic impact of the Affordable Care Act?
In reviewing evidence over the past five years, this report concludes that the ACA has had no net negative economic impact and, in fact, has likely helped to stimulate growth by contributing to the slower rise in health care costs. Support for this research was provided by The Commonwealth Fund.
What are the ethical issues surrounding the Affordable Care Act?
The recently enacted Affordable Care Act (PPACA) of 2010 has fueled ethical debate of several important controversial topics. Ethical issues of health care reform include moral foundations, cost containment, public health, access to care, ED crowding, and end-of-life issues.
How does the Affordable Care Act affect advanced practice nurses?
Under the ACA, new nurse-managed clinics to train APRNs (i.e., nurse practitioners) to work in underserved communities have been approved. There are also plans to build new clinics and to renovate and expand the services of existing community clinics all over the United States.
What was the main purpose of the Affordable Care Act?
What are the main points of the Affordable Care Act?
The law has 3 primary goals:
- Make affordable health insurance available to more people.
- Expand the Medicaid program to cover all adults with income below 138% of the FPL.
- Support innovative medical care delivery methods designed to lower the costs of health care generally.
Did the Affordable Care Act improve health outcomes?
Increased Health Coverage While all states saw coverage gains after the ACA’s major coverage provisions took effect in 2014, expansion states saw much larger drops in uninsured rates for low-income people. Medicaid expansion has been especially critical for expanding coverage to those with opioid-use disorders.
What are some of the benefits of the Affordable Care Act?
Why affordable healthcare is important?
The ACA helps cut high U.S. health care costs. In addition to increasing insurance coverage, the Affordable Care Act makes investments in programs designed to reduce the cost and improve the quality of health care.
How has the Affordable Care Act changed health care in America?
The Patient Protection and Affordable Care Act (ACA) expands access to health insurance in the United States, and, to date, an estimated 20 million previously uninsured individuals have gained coverage. Understanding the law’s impact on coverage, access, utilization, and health outcomes, especially …
What are the challenges of the Affordable Care Act?
Access to Health Care. Greater access to health care is a central ACA goal, but heavier demand for services will likely create a bottleneck in access. Individuals on the exchanges will likely experience a narrowing of networks and limited providers.
How does the Affordable Care Act (ACA) ensure quality?
The ACA approach to guaranteeing quality is to move the medical workforce from the fee-for-service model of health care reimbursement to pay-for-performance. Pay-for-performance is an umbrella term for initiatives that give incentives or penalties measured by patient outcomes and readmission rates. [72]
Does the Affordable Care Act affect self-assessed health?
A particularly interesting aspect of our results is that the ACA’s effect on self-assessed health appears to operate entirely through the nationwide portions of the law rather than the Medicaid expansion.