The Affordable Care Act expands access to health care coverage and reforms the health insurance, marketplace (Virginia Senate Finance Committee, 2012). The law gives states the choice to expand Medicaid for any individual whose income falls below 138 percent of poverty. In the state of Virginia, there are approximately 1 million uninsured residents. This is often caused by lack of insurance through employer and inability to pay the premiums if offered. According to the Kaiser family foundation, The Virginia’s Governor has included Medicaid expansion as part of his FY 2017 budget proposal. The overall cost to expand Medicaid in Virginia would likely be $220 million beginning in 2016-2018 biennial budgets not including administrator cost. The
The fertility rate is an important factor when evaluating the health of the public. Despite the United States having one of the best healthcare systems in the world, approximately 13% of women between the age of 18 & 44 have trouble conceiving. Although the US has implemented the Patient Protection and Affordable Care Act, a landmark policy, assisting millions of Americans in obtaining health insurance, unless altered, the policy could hurt the 3 out of 20 women who struggle with infertility. After evaluating the core essential benefits of the Affordable Care Act, the views of stakeholders, and the state mandates, an easy solution can be established to assist those suffering from impaired fecundity.
In reviewing the article you referenced, “Affordable Care Act Initiative Builds on Success of ACO’s”, one could recognize that the Centers for Medicare & Medicare Services (CMS) has identified issues with their original plan for Accountable Care Organizations (ACO). As you have stated, they have decided introduce a newer version called “The Next Generation ACO Model” (HHS, 2015). This “next-gen” model aims to “create greater coordination and close care relationships between ACO providers and beneficiaries” (HHS, 2015).
The 2010 government Affordable Care Act (ACA) set up a progression of early market reforms 50-state necessities
The implementation of the Affordable Care Act (ACA) will only hasten changes that were on the horizon for pharmaceutical and biotechnology firms. Pharmaceutical and biotechnology industries new there was going to be some type of healthcare reform so they began to take the necessary precautions to prepare. There are vital provisions in the ACA related to the pharmaceutical and biotechnology industry affecting Medicare and Medicaid. Legislation in the ACA will provide provision to reduce cost for brand name prescriptions (Rx); this will reduce drug cost for patients, but increase rebates and discounts for pharmaceutical and biotechnology firms, therefore, imposing cost to the firms. The pharmaceutical and biotech industry was instrumental
The Affordable Care Act includes a requirement that all citizens must have some level of health coverage. The primary method through which the mandate is attempting to create 100% coverage in health care is by instilling fear into the minds of hardworking citizens as those who ignore the rule will have to pay a hefty fine. This mandate, unconstitutional according to the law, will deteriorate the quality of health care, hamper economic growth and cause spikes in insurance premiums. The hope of universal health care may or may not arise under the mandate but new dilemmas and hardships on U.S. citizens will undoubtedly surface.
Four years after President Obama signed the Affordable Care Act into law there is still uncertainty regarding how it will affect small businesses. Because there were delays and exemptions granted by the, Obama administration and challenges that were still pending in courts. The effects on small businesses vary from state to state depending on the company size and the composition of the company's workforces. But the large corporations pay their employees medical bills and hiring insurers to administer health benefits. Most small businesses purchase group health insurance from insurers and face cost increasing regulations as they go through the annual ritual of renewing their coverage. While media has focus their attention on the state and federal health exchanges, employers are responsible for the growth in the
The Affordable Care Act, which expanded access to affordable healthcare across the country, has excluding coverage to the almost twelve million undocumented immigrants living in the United States (Nevarez, 2014). Excluding these members of the country has left it nearly impossible to obtain healthcare needs for these individuals. State laws suggest, undocumented immigrants are not allowed any assistance including federal subsidies in order to purchase medical coverage. Undocumented immigrants are also restricted against personally purchasing healthcare coverage through an insurance company, which leaves few options to obtain proper medical care (Nevarez, 2014). Statistics have found that over half of the undocumented population residing in
The Affordable Care Act declares that the federal government will pay for 100 percent of the costs of Medicaid expansion, until the three-year mark, when the federal government will begin paying only 90 percent of the costs, and the state government has to step in to pay the remaining 10 percent (2013). According to a study done in 2013, the 10 percent left to the states would be completely justifiable by the large contribution from the federal government (2013). Some say that the states that refuse Medicaid expansion are putting themselves in a position of debt in uncompensated care costs (2013). It is said that Texas will forgo $9.2 billion in federal funding in 2022, while Florida is said to lose more than $5 billion (2013). There is also some disagreement between rural and urban counties in Texas (2013). Rural counties are only required by law to put in approximately 8 percent of their budgets into their healthcare systems while urban counties putting 40-50 percent of their budgets into healthcare (2013). Urban counties are disproportionately holding the burdens for the entire state of Texas (2013). “When you have a health crisis and you’re in a rural county, what do you do?” Hernandez said. “You move into an urban county to get health care much the same way families
Prior to the enactment of the Affordable Care Act, many Americans did not have access to health care. According to Shi and Singh, assess is an individual’s ability to obtain health services when necessary (Shi &Singh, 2010). “After implementation of the ACA, the proportion of the U.S. population that was uninsured dropped from approximately 16% to roughly 12% in 2014 (Shi & Singh, 2010, p 11). More low to middle income American are eligible for health care services through the Affordable Care Act. Advancements in health information technology have helped to improve and streamline medical services and have helped with the lower cost of health care. “Essential insurance benefits required by the ACA include preventative and wellness services,
In 2008, the United States elected Barack Obama as our President. He came into office with determination and promising the citizens great things. During President Obama time in office one of his greatest accomplishment has been passing the Affordable Care Act in 2010. After five preceding presidents were unable to create a universal health insurance plan, Obama provided insurance for 32 million previously uninsured Americans. However, the Affordable Care Act raised many questions from citizens over rather or not the bill was constitutional.
The Affordable Care Act (ACA) has been the biggest milestone to date in American health care policy (Saldin, 2011). There is nothing more complex or controversial in recent history than the passing of the ACA in 2010 (Davidson, 2016). The United States Supreme Court ratified the constitutionality of the Patient Protection and Affordable Care Act on June 28, 2012. With this, there were certainly challenges facing the full implementation of the provisions of this act by 2014.
On September 17, 2009, President Barack Obama proposed a new plan for healthcare, known as the Affordable Care Act, and on March 23, 2010, the new plan was signed into law, making health insurance a requirement (United States Department of Health and Human Services). The Affordable Care Act was proposed with the intent to lower the costs of health care, making it more available to everyone. The law also aims to improve coverage and prohibit insurance companies from dropping customers or denying coverage to people with pre-existing health conditions. The Affordable Care Act requires almost every U.S. citizen to either seek coverage or pay a fine. The law expands Medicaid in an effort to help the uninsured become insured as well. At first,
Let’s face it, the healthcare system in the U.S. is broken. The passage of the Affordable Care Act (ACA or Obamacare) in 2010, was designed to “fix” the issues and provide access to health insurance for 30 million uninsured and underinsured Americans. This has been the biggest move in healthcare since establishing Medicare and Medicaid in 1965 (Moncrieff & Lee, 2011). My stance on the ACA is pretty bland, at best. As with most things, there are pros and cons in every situation. The main cons I have with the ACA are the costs associated with funding. Funding for the ACA will be provided by cuts to Medicare, as well as, tax increases (Hall & Lord, 2014). Medicare has been struggling for years with funding, so by cutting roughly $500
Obamacare, also known as “The Patient Protection and Affordable Care Act,” or ACA, was enacted in 2010 under the Barack Obama administration. The Affordable Care Act does five main things: it enacts insurance market reforms, establishes an employer mandate, creates new federal and state health insurance exchanges, institutes an individual mandate, and expands Medicaid eligibility. This historical piece of legislation was met with much confrontation, forcing the Obama administration to cut deals and negotiate terms with opposing parties in order to get the act passed. The Affordable Care Act works, and its success is evident in the data. The number of uninsured Americans has decreased from 18% in 2013, just before the Affordable Care Act was
When the Affordable Care Act (ACA) was enacted on March 23rd, 2010, it transformed the lives of people all over the US, in states who expanded. It allowed families to qualify for government programs such as Medicaid, CHIP, and government subsidies, and for young adults to stay on their parent’s insurance until the age of 26. The ACA was a sign of relief and good news for all but two groups, lawful permanent residents and undocumented immigrants. In 2012, DACA recipients under the DREAM Act also became part of the groups excluded, leaving more than 6.5 million unable to access affordable care. In order to make a change, the New Mexico Rep. Michelle Lujan Grisham, from the Democratic party, introduced The Health Equity and