Maureen Omondi Patrick Gilbert Govt 2305 5 February 2015 The Patient Protection and Affordable Care Act The Patient Protection and Affordable care Act also known as Affordable Care Act, Obama Care and ACA is an act signed into law by the current president of the United States, Barack Obama in March 23, 2010. Beginning in 2014, any failure to purchase minimum coverage will result in a person being fined. Also included in the Act are individual mandate requirements, expanding public programs, health
The Affordable Care Act Yolanda Evans Florida International University BUL6810: The Legal Environment of Business The Affordable Care Act The Patient Protection and Affordable Care Act (PPACA) or Affordable Care Act (ACA) is a health care reform law that was voted into enactment in March of 2010 (Summary of the Affordable Care Act, 2013). The ACA consists of many different parts of which come from the Affordable Health Care for America Act, the Patient Protection Act various parts of the Health
ObamaCare, officially known as the Patient Protection and Affordable Care Act (PPACA) but sometimes also referred to as the Affordable Care Act (ACA) for short, reforms the health insurance industry and the American health care system as a whole. The law brings forth many changes for the American families that make healthcare more affordable and accessible. The law focuses on four aspects of improvements in healthcare for Americans: affordable insurance for individuals and small business owners,
The Affordable Care Act or “Obamacare” was designed to assure that all Americans regardless of health status have access to affordable health insurance. The Affordable Car Act was signed into law March 23, 2010. The primary goal of this act was to decrease barriers for obtaining health care coverage and allow Americans to access needed health care services (Affordable Care Act Summary, n.d). After the legislation is fully implemented in 2014, all Americans will be required to have health insurance
REGARD TO THE HEALTHCARE CHALLENGES SET FORTH BY THE PROTECTION AND AFFORDABLE CARE ACT OF 2010 CECILIA AVEROS MBA IN HEALTHCARE MANAGEMENT , ABSTRACT Patient Protection and Affordable Care Act( PPACA) also known as Obama care is a healthcare reform signed in March 23, 2010 whose main goal is to conceptualizes the “ Universal affordable Healthcare Coverage “making significant impacts in the
will deny you no matter what. THE IMPACT OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT ON MIDDLE-SIZED CLASS. THE CIRSIS AND THE NEED TO REFORM HEALTH CARE. HOW WILL THIS AFFECT THE MARKET? The patient protection and affordable care act, PPACA, more commonly referred to as “Obama care”, signed by Obama in 2010, is a health care system that requires insurance companies to cover all
invested in healthcare does translate to better care for Americans, the worsening economic situation, rising costs, and federal government’s deficit have placed a great strain on the system. This includes private employer-sponsored health insurance coverage and public insurance programs such as Medicare and Medicaid. According to the Henry J. Kaiser Family Foundation, a private and non-profit healthcare analysis organization, “in 2008, U.S. health care spending was about $7,681 per resident and accounted
The Patient Protection and Affordable Care Act (PPACA) commonly called the Affordable Care Act (ACA) or "ObamaCare" is a federal statute of the United States signed by President Barack Obama on March 23rd, 2010. As the name suggests, the new health care law is made up of the Affordable Health care for America Act and the Patient Protection Act. It also includes amendment to other laws like Food, Drug and Cosmetic Act. The main purpose of this complex legislation is to provide Americans with affordable
Introduction: Patient Protection and Affordable Care Act (PPACA) There can be no gainsaying as to the fact that a large fraction of the American citizenry remains devoid of health insurance. This means that average Americans, running into millions, find it increasingly difficult to access healthcare of whatever nature. As a consequence, this disadvantage has resulted in the proliferation of ailments and deaths that could well be avoided. Perhaps it is best we ask ourselves why the access to affordable healthcare
timeline of the Patient Protection and Affordable Care Act (PPACA) that was signed into law by President Barack Obama on March 23, 2010 and to discuss its potential impact on healthcare access, costs and quality, and insurance companies. . II. Healthcare Reform Timeline The PPACA includes comprehensive reforms that will take place over the next four years. It is intended to hold insurance companies more accountable, protect consumers, lower health care costs, increase the quality of care and provide