What are the 4 key elements of the Affordable Care Act?

What are the 4 key elements of the Affordable Care Act?

The Affordable Care Act: A Brief Summary – March 2011

• Expand Access to Insurance Coverage.
• Increase Consumer Insurance Protections.
• Emphasize Prevention and Wellness.
• Improve Health Quality and System Performance.
• Curb Rising Health Costs.

What are the components of the health care reform?

McClure: Five essential elements of health care reform

• Allow individual choice.
• Encourage innovation.
• Reform Medicaid.
• Eliminate the individual mandate.
• Reduce barriers and regulatory red tape.

What are the main components 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.

What are the three main components 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 …

Which of the following are components of the Affordable Care Act?

A set of 10 categories of services health insurance plans must cover under the Affordable Care Act. These include doctors’ services, inpatient and outpatient hospital care, prescription drug coverage, pregnancy and childbirth, mental health services, and more. Some plans cover more services.

What is Affordable health care Act?

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).

Why was the Affordable Care Act of 2010 groundbreaking?

The Affordable Care Act of 2010. This new law aimed to improve access to healthcare in the U.S. by widening health coverage to more people and protecting existing health insurance policyholders. Several parts of the bill had important implications for many people.

What are 2 components of the Affordable Care Act?

The law addresses health insurance coverage, health care costs, and preventive care. The law was enacted in two parts: The Patient Protection and Affordable Care Act was signed into law on March 23, 2010 and was amended by the Health Care and Education Reconciliation Act on March 30, 2010.

What did the Affordable Care Act of 2010 do?

Which of the following is a main component of the Affordable Care Act?

What are the main provisions of the Affordable Care Act?

Key Federal Provisions Provisions included in the ACA are intended to expand access to insurance, increase consumer protections, emphasize prevention and wellness, improve quality and system performance, expand the health workforce, and curb rising health care costs. Expand Access to Insurance Coverage

When did the Affordable Care Act come into effect?

Affordable Care Act (ACA) The comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”). The law has 3 primary goals:

How many pages are in the Affordable Care Act?

The 900+ page act contains many provisions, with various effective dates. Other papers in this series address specific topics in more detail.

Who are the agents and brokers for the Affordable Care Act?

Agents and brokers play an integral role in helping individuals understand and act on the coverage protections that the Affordable Care Act offers. In this module, you will learn important background information on the Affordable Care Act that you need to know to serve consumers. Objectives