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The Affordable Care Act (ACA) Summary ap american history essay help: ap american history essay help

Health Care Insurance

The Affordable Care Act (ACA) fits in the health care payment system in the same way other health insurance fits. ACA has revolutionized the health insurance industry in many ways. ACA was introduced as a way for the federal matching of funds for state programs to pay for the health care for families and individuals eligible (Frean, Gruber, & Sommers, 2017). The ACA established health insurance consumer protections to make sure that private insurance coverage would be availed to all the applicants regardless of their medical conditions. Most importantly, ACA ensured that private markets would continue to be sustainable while still covering persons with high health care needs.

The biggest change in regulations has significantly transformed the health insurance industry. The individual mandate requires that every American should have health insurance failure to which a person could face a tax penalty. This has resulted in health payers covering more individuals and households than ever before. This is a major impact on the private insurance market as well as its stream of revenue (Frean, Gruber, & Sommers, 2017). Since the payers no longer have the chance to serve the only healthiest and expensive consumers, the industry is beginning to focus its endeavors on pay-for-performance reimbursement models. Moreover, ACA led to the opening up of the consumer market.

The health insurance industry Sampled summary world history essay help

The biggest change in regulations has significantly transformed the health insurance industry. The individual mandate requires that every American should have health insurance failure to which a person could face a tax penalty. This has resulted in health payers covering more individuals and households than ever before. This is a major impact on the private insurance market as well as its stream of revenue (Frean, Gruber, & Sommers, 2017). Since the payers no longer have the chance to serve the only healthiest and expensive consumers, the industry is beginning to focus its endeavors on pay-for-performance reimbursement models. Moreover, ACA led to the opening up of the consumer market.

The Affordable Care Act strategy sampled summary ap art history homework help: ap art history homework help

The Affordable Care Act strategy has largely been successful since the number of covered individuals has increased significantly. Notably, between the year 2010 and 2016, the number of uninsured individuals fell from 48.6 million to approximately 28 million, translating to a fall of about 7% (Wherry & Miller, 2016). Even though the market place enrollment has fallen considerably, the Medicaid enrollment has surpassed projections. Even though the expansion of ACA remains controversial, there is evidence that it has accomplished its goals so far.

 

References

Frean, M., Gruber, J., & Sommers, B. D. (2017). Premium subsidies, the mandate, and Medicaid expansion: Coverage effects of the Affordable Care Act. Journal of Health Economics, 53, 72-86.

Wherry, L. R., & Miller, S. (2016). Early coverage, access, utilization, and health effects associated with the Affordable Care Act Medicaid expansions: a quasi-experimental study. Annals of internal medicine, 164(12), 795-803.

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The year 2020 has been so unreal so far. There have been amazing memories for the past one month that has passed this year. Spending time with some interesting people and family has ensured that I hit a good start. Unlike the previous year, this year is promising and I am already looking forward to continuing this journey for the rest of the year. I believe that God will guide me throughout the remainder of 2020.