Affordable Care Act

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AFFORDABLE CARE ACT 1 Affordable Care Act Upper Iowa University AFFORDABLE CARE ACT 2 Abstract The Patient Protection and Affordable Care Act (PPACA) is also known as the Affordable Care Act (ACA) this law is the landmark health reform legislation passed by the 111th Congress and was signed into law on March 23, 2010. The legislation includes a long list of health-related provisions that began taking effect in 2010 and will continue to be rolled out over the next four years. Provisions are intended to extend coverage to millions of uninsured Americans, to implement measures that will lower health care cost and improve system efficiency, and to eliminate industry practices that include rescission and denial of…show more content…
This Act is completely optional and will offer various services if the time comes that those services are needed. AFFORDABLE CARE ACT 5 In Title IX named, Revenue Provisions, will provide a middle-class tax cut to help those families and small business owners have more affordable insurance coverage ("Read the Law |", n.d). In Title X named, Reauthorization of the Indian Health Care Improvement Act, will do exactly as the name says; reauthorize the Indian Health Care Improvement Act by modernizing the Indian health care system ("Read the Law |", n.d). Negative Impacts The negative impacts of healthcare reform to health systems are significant in that health systems are preparing their resources on developing Accountable Care Organizations (ACO) for bundled payments and population-based reimbursement. In this economy the impact to health systems may require healthcare systems to figure out ways to continue to keep positive financial performance due to the cost-reduction of healthcare reform. For some time now, health systems have subsidized their losses from the Medicare and Medicaid systems by contracting with commercial payers for their premium rates. As a result of the healthcare reform, cost shifting will shrink. Another negative impact over the next few years will be the large shift in health plan enrollment. Less people will be covered by highly
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