Jun 07, 2016 drew altman discusses republican and democratic health reform objectives, and why gop proposals and the affordable care act are better understood as policies with very different goals, tradeoffs a. The supreme court upheld the mandate in 2012, but that does not end the matter. Consequently, enforcing the acas costrelated provisions may not be easy. Summary of the affordable care act 3 womens health categories of essential health benefits including maternity care and preventive require all plans offered in the individual and small group markets to cover ten care, such as contraception and cancer screenings. The federal patient protection and affordable care act p. Health care law quiz affordable care act, health insurance. This health care initiative was the main source of contention between republicans and democrats when. For example, the broad category would be organ system, under that he. It was the most extensive reform of americas health care system since at least the creation of medicare in 1965, and maybe ever. The affordable care act ensures health plans offered in the individual and small group markets, both inside and outside of the health insurance marketplace, offer a comprehensive package of items and services, known as essential health benefits.
En espanol the health care law known officially as the affordable care act was enacted in march 2010. The affordable care act aca requires companies with more than 50 fulltime equivalent employees often referred to as applicable large employers or ales to either provide health insurance to their employees or pay a penalty for not offering affordable coverage. The law puts in place comprehensive health insurance reforms that will roll out over 4 years and beyond. The affordable care act, or aca for short, is the nations health insurance reform law, initially enacted in march 2010 and being gradually phased in over a period of years. This is the first reference book to provide a detailed assessment of the affordable care act, explaining the realities and myths surrounding one of the most divisive political struggles in recent u. Quizlet flashcards, activities and games help you improve your grades. Since the supreme court ruling on the affordable care act in june, many people have taken a sudden interest in learning about the law. With last months attempt by republicanstheir 40thto repeal the affordable care act aka obamacare having come to naught, the heath care industry in the united states is bracing for. Prohibit preexisting conditions exclusions which historically have included. Many people have a basic idea of what obamacare does. By what right does the federal government force its citizens to buy a product they may not want. The affordable care act is one of the most polarizing and least understood laws in the nation.
Mar 21, 2010 affordable care act obamacare official title. Affordable care act aca a federal law passed in 2010 that provides new rules for insurance coverage, insurance costs, and access to health care. Kyle dropp, molly jackman, and saul jackman conduct a randomized experiment to test how the level at which the affordable care acts exchanges are implemented, state or federal, affects public. It provides more americans with affordable quality health insurance and attempts to curb the growth in healthcare spending in the u. Chapter 1 healthcare finance intro flashcards quizlet. New 2016 aca rules significantly affect the law of language. The patient protection and affordable care act ppaca, enacted on march 23, 2010 2. Which of the following is not an example of inducement to purchase insurance. The book is wonderfully organized and written in a clear and informative way that clears up any confusion surrounding the affordable care act. An act entitled the patient protection and affordable care act. The comprehensive health care reform law enacted in march 2010 sometimes known as aca, ppaca, or obamacare. The bill to repeal the affordable care act and decimate medicaid was released march 6 and committee action is scheduled to begin today. Mar 08, 2014 not all of that is the affordable care act, but certainly some of it is. Key features of the affordable care act by year the.
The patient protection and affordable care act ppaca also known as the affordable care act or aca, and generally referred to as obamacare is the landmark health reform legislation passed by the 111th congress and signed into law by president barack obama in march 2010 the legislation includes a long list of healthrelated provisions that began taking effect in 2010. Patient protection and affordable care act passed house march 21, 2010, 219212. The patient protection and affordable care act ppaca also known as the affordable care act or aca, and generally referred to as obamacare is the landmark health reform legislation passed by the 111th congress and signed into law by president barack obama in march 2010. The patient protection and affordable care act ppaca was signed into law by president obama on march 23, 2010. The affordable care act is a federal statute signed into law in march, 2010 as a part of the healthcare reform agenda of the obama administration. A citizens guide to the fascinating though often complex elements of the us tax system. When making decisions about health coverage, consumers should know the specific meanings of terms used to discuss health insurance. The american health care act takes from the poor to give hundreds of millions of dollars in tax breaks to the wealthy who need it least. It is the most comprehensive piece of legislation since the social security act of 1935. Opinions are strong about the affordable care act, but not everyone understands what the nearly 1,000page law does. The affordable care act set aside funds in the form of scholarships and grants to allow students to pay for school and for the creation of education programs to recruit more nurses to fill the gap in health care providers.
Economists split on affordable care act outcomes the law will most likely have no effect on growth, but it would more likely than not hurt output, say economists. Laws and rules pertinent to insurance flashcards quizlet. Oct 17, 20 the affordable care act is one of the most polarizing and least understood laws in the nation. Medical device manufacturers seek repeal of a tax which, they contend, discourages. An individual mandate is incorporated into the affordable care act. Joint letter to congress on hrsa funding as covid19 relief. Under the affordability safe harbor set forth in the final rule on the shared responsibility provisions, coverage is. Not all of that is the affordable care act, but certainly some of it is. Itll just take some time to see what that impact is. It makes health care more affordable for everyone by lowering costs for those who cant afford them. Ask me in a hundred years, lisa soronen, executive director of the state and local legal center, said during a panel discussion on federalism.
The negotiations that led to it were essentially between the white. Actuarial value provides a means for differentiating plan offerings by determining a costvalue ratio between what the plan covers and the share of its costs borne by the employer. The affordable care act aca is the name for the comprehensive health care reform law and its amendments. Three legs in the evening book annual report student assembly newsletter. Oct 02, 20 the affordable care act says most americans must purchase insurance or pay a penalty. The law addresses health insurance coverage, health care costs, and preventive care. According to the affordable care act, what metal tier is required to have an. The official name of the obamacare bill is the patient protection and affordable care act public law 111148. Calvin is a human resources specialist in charge of benefit administration. The act hopes to provide care to those in underserved areas and to ensure there are enough nurses in specific areas as. Whether simply curious about the aca or a student studying healthcare at a university, this book is a must read.
Sep 26, 20 today, with health care costs spiraling ever higher, the u. Health care services, some personal services to those who lack some degree of functional ability for some extended period of time. Jul 09, 2012 a quick breakdown of everything in the affordable care act. Originally signed under the title of the patient protection and affordable care act, the aca now prohibits insurers from denying coverage for preexisting health conditions and.
The acas cost containment initiatives, crafted to be both substantively plausible and politically acceptable, arrive amid sharply declining growth in health spending. Key features of the affordable care act by year the impacts. This includes inpatient,outpatient, home health and hospice care often with a focus on mental health, rehabilitation or nursing home care. As he gets more comfortable with the information, he puts the book. What are the sources of revenue for local governments. Reforms include new benefits, rights and protections, rules for insurance companies, taxes, tax. The principal is a class act who has greatly improved the school. The affordable care act is a long, complex piece of legislation that attempts to reform the healthcare system. The fundamentally different goals of the affordable care act. Costfree preventive services begin for many americans. It was widely considered the most farreaching health care reform act since the passage of medicare, the government program that provides health insurance to the elderly, in 1965. Intro to public health ch 9, 10, 11, 12, ebook quizzes quizlet. Together with the health care and education reconciliation act of 2010 amendment, it. The definitive story of american health care todayits causes, consequences, and confusions in march 2010, the affordable care act was signed into law.
The continued implementation of the affordable care act aca in 2014 will be as controversial as in previous years. Understanding obamacare patient protection and affordable care act obamacare is a nickname for the patient protection and affordable care act sometimes called the affordable care act, aca, or ppaca for short, a health reform law signed on march 23, 2010, by president barack obama obamacare seeks to reform health insurance and healthcare in the united. The patient protection and affordable care act, also the affordable care act or colloquially known as obamacare, is a united states federal statute enacted by the 111th united states congress and signed into law by president barack obama on march 23, 2010. Signed into law in march 2010, the affordable care act also known as obamacare reformed the way health care is handled in the united states. Obamacare is a nickname for the patient protection and affordable care act sometimes called the affordable care act, aca, or ppaca for short, a health reform law signed on march 23, 2010, by president barack obama. In 2017, congress repealed the individual mandate that required individuals to. In 2010, the passage of the patient protection and affordable care act aca dramatically altered the u.
Supreme court poised to rule on the affordable care act aca it is worth reminding ourselves of what, exactly, we have been waiting for. The affordable care act part 1 five core principles. People with medicare can get key preventive services for free, and also receive a 50 percent discount on brandname drugs in the medicare donut. The patient protection and affordable care act was signed into law on march 23, 2010 and was amended by the health. It became law on march 23, 2010, when president obama signed it. This was originally a health reform bill created by the senate. On march 23, 2010, president obama signed the affordable care act. A quick breakdown of everything in the affordable care act. Supreme court decision to uphold the patient protection and affordable care act will have some impact on federalstate relations. The cadillac tax was originally scheduled to take effect in 2018 but has been delayed twice by legislation, most recently by the extension of continuing appropriations act of january 2018. Start studying intro to public health ch 9, 10, 11, 12, ebook quizzes. Patient protection and affordable care act, health care reform legislation signed into law by u.
Nursing homes are a major source of this kind of care. Below are definitions for some of the more commonly used terms and how ppaca impacts their use. If you can afford insurance but dont buy it, youll pay a fine when you file your taxes in 2014. On march 23, 2010, president obama signed the patient protection and affordable care act ppaca into law. The law provides consumers with subsidies premium tax credits that lower costs for households with incomes between 100% and 400% of. Today, with health care costs spiraling ever higher, the u. Drew altman discusses republican and democratic health reform objectives, and why gop proposals and the affordable care act are better understood as policies with very different goals, tradeoffs a. Economists split on affordable care act outcomes data.
What is the impact of the affordable care act on nursing. The affordable care act obamacare requires all major medical plans sold today to cover 10 essential health benefits. Patient protection and affordable care act definition. A set of health care service categories that must be covered by certain plans, starting in 2014. Obamacare is the patient protection and affordable care act of 2010. The patient protection and affordable care act aca has 3 main objectives. On may, 2016 the department of health and human services dhhs formally adopted final changes to section 1557 of the affordable care act aca. Make affordable health insurance available to more people. Many of its provisions and consumer protections are in effect now. Groups opposing the american health care act congressman. The affordable care act has clearly been devised so that it would make our nonprofit tafthartley plans completely uncompetitive. May 30, 2019 obamacare is the patient protection and affordable care act of 2010. Part of his job is to ensure that his company will be in full compliance. But there are many components of the bill that arent well known.
Actuarial value, as defined under the affordable care act aca, is the percentage of total spending on essential health benefits ehbs that is paid by the health plan. Study 111 terms the affordable care act flashcards quizlet. Class act definition of class act by the free dictionary. Kinns the administrative medical assistant chapter 16. Long term care book chapters 17 flashcards quizlet. Under the affordable care act, employersponsored health benefits whose value exceeds specified thresholds will be subject to an excise tax starting in 2022. Summary of the affordable care act kaiser family foundation. The affordable care act says most americans must purchase insurance or pay a penalty. A new patients bill of rights goes into effect, protecting consumers from the worst abuses of the insurance industry. The affordable care ac is the landmark health reform legislation that extended coverage to millions of uninsured americans, implemented measures to lower healthcare costs and improve system efficiency, and eliminated insurance industry practices that included rescission and denial of coverage due to preexisting conditions.