Accountable Care Organizations : A Look At The Pros And Cons

2290 Words Aug 1st, 2014 10 Pages
Accountable Care Organizations: A look at the Pros and Cons
For the last several decades, health care reform has been at the forefront of the debate involving the socio-economic state of the United States of America. In all major elections since the mid to late 1980s, politicians have discussed the need for health care reform as the cost of care has rising over time. As the United States moved into the 1990s, President Bill Clinton made health care reform a major priority of his presidency. While his efforts ultimately failed, despite the fact his party held the majority in congress, the conversation has continued and lead to the passage of the Patient Protection and Affordable Care Act of 2010, commonly called the Affordable Care Act (ACA).
The Affordable Care Act was enacted with several goals including lowering the cost of care while increasing the quality of care. In addition to these two main goals, the ACA also aimed to lower the number of uninsured Americans by expanding coverage in both the public and private insurance sectors. One of the prominent structural changes to the health care delivery system in the United States as a result of the passage of the ACA is the introduction of Accountable Care Organizations (ACOs).
The concept of Accountable Care Organizations has been around since 2006 in various forms but eventually took the present form in 2009 as the ACA began to be crafted by President Obama and his administration. ACOs have three essential goals at the…
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