What Is The Patient Protection And Affordable Care Act Quizlet?
With the passage by the Congress of The Patient Protection and Affordable Care Act in 2010, a law designed to lower health care costs and provide affordable health care coverage to everyone. It requires those without health insurance to obtain coverage or pay a penalty tax if they do not have it.
What Are The Key Patient Protection And Affordable Care Act Provisions?
As a part of their efforts to curb rising health care costs, the ACA specifies how health insurance premiums and practices will be monitored, how prevention must be practiced; whether primary care is prioritized; whether fraud and abuse is reduced; or if there has to be greater use of uncompensated care.
Who Does The Affordable Care Act Protect?
As a result of the law, you can receive premium tax credits to reduce health care costs for a family of 3 in the lowest income range, (FPL: 100% to 400%).
What Did The Patient Protection And Affordable Care Act Do?
There is an excellent mix of rights and protections in the law, as well as subsidies (from premiums to cost-sharing reductions to make it more affordable) that provide a better user experience and improve efficiency. In addition, the law expands Medicaid coverage to cover more people with low incomes as part of its Medicaid expansion program.
What Is The Main Purpose Of The Patient Protection And Affordable Care Act Of 2010 According To The Professor?
Health care reform in 2010 saw the implementation of the Patient Protection and Affordable Care Act (ACA), also referred to as “Obamacare”. Over 47 million Americans are uninsured, as estimated by the CBO at the time that this legislation was signed into law.
What Was The Basic Goal Of The Patient Protection And Affordable Care Act Quizlet?
President Obama’s Affordable Care Act established clear goals of increasing the quality and affordability of health insurance, lowering the uninsured rate through expanded coverage of public and private insurance, and reducing healthcare spending.
What Does The Affordable Care Act Do Quizlet?
A five-day emergency service plan covers preventative care at no expense. An insurance policy can offer peace of mind, which excludes financial security by blocking insurance companies from applying for a reimbursement.
What Are 3 Provisions Of The Affordable Care Act?
Several provisions of the ACA were effective on September 23, 2010, including an end to lifetime coverage limits, restrictions on annual limits on coverage, prohibition on terminating coverage during the year except in cases of fraud, and the elimination of children’s pre-existing condition exclusions from coverage.
What Are The Key Provisions Of The Affordable Care Act Quizlet?
Provides health coverage to 30 million uninsured Americans; provides substantial subsidies to low-income individuals; and prohibits insurance providers from engaging in practices that are harmful to consumers.
What Does The Affordable Care Act Do For Patients?
The Affordable Care Act reduced the cost of health insurance for citizens who qualify for it. Affordability is another goal of the law. Tax credits and cost-sharing reductions assist people and families with lower incomes.
What Does The Affordable Care Act Cover?
According to the Affordable Care Act, all health plans must cover a number of service categories including doctors’ services, hospitalizations and emergency room services, prescription drug coverage, pregnancy and childbirth, and mental health services. In some plans, more services are covered.
What Was The Purpose Of The Affordable Care Act?
Under the ACA, health care costs will be kept under control through a review of how insurance and health systems work to make them more affordable, effective, and accurate for individuals and the entire society.
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