preview

Key Components Of H.R. 3590. It Has Been Referred To By

Decent Essays

Key Components of H.R. 3590 It has been referred to by several names; the “PPACA”, “H.R. 3590”, “ACA” and “Obamacare”. Whatever you wish to call it, it has become one of the most debated legislative acts of our time. It has also become the most significant piece of social legislation since Medicare was introduced to our country in the 1960’s (Patton, 2014). The Patient Protection and Affordable Care Act enacted by the 111th United States Congress and signed into law on March 23, 2010 by President Barack Obama has now become this nation’s set of regulations, requirements and penalties for all American’s health care coverage. Depending on which side of the political fence you are standing on, you may not think the grass is really any …show more content…

Once this is done receipt of various offers from numerous insurance companies are offered to you for your perusal (Carlson, 2015). This process is very much like going to the internet and conducting an on-line search for quotes on automobile insurance. It falls under the same ideology. Several components of this law are hard to argue against regardless of which political side you are on. For instance, the limits and maximum pay outs that insurance companies will pay out to an insured person over the course of their lifetime, have been eliminated. Insurance plans to cover mental health issues, addiction and chronic diseases are now required. Insurance companies must now provide an appeal process to consumers whose claims have been denied by the insurance company. Companies are also now required to cover cost associated with preventive care and pay a portion of preventive care visits and insurance companies are no longer allowed to deny coverage to or increase rates of any person who has a pre-existing condition. Requirements have also been put in place for hospitals to list standard charges for items and services and to make this list available to the public. Hospitals will now be subjected to stiff penalties for high rates of hospital acquired conditions and amendments have been made to existing laws such as elder abuse, neglect and exploitation. Grants, contracts and awards have been

Get Access