The Affordable Care Act ( Aca )

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It has been stated that one of the largest benefits to the Affordable Care Act (ACA) for those that were already insured, is that they may purchase insurance through a marketplace allowing for continuous coverage, regardless of life experiences such as a change in job. Even those that are young, and may not appreciate health insurance because they have coverage through their parents, will need insurance once of age that isn’t dependent upon an employer as they are more likely to change jobs more often. Those that purchase health insurance through an employer offered group coverage could be made to feel as though they are captive to a job in order to continue to receive the insurance that they are accustomed to. Subsequently, the ACA has made health insurance more affordable for those that earn a lower income, making group plans more expensive for individuals, overall. Monahan and Schwarcz (2013) identify three threats to small group health insurance markets that may result from the 2014 implementation of certain provisions of the ACA: • Small employers with predominately low-income employees may tend to opt out of small group markets because their employees will be better off with subsidized individual coverage. • Small employers with employees of heterogeneous income levels will have strong incentives to offer coverage that is either “unaffordable” or fails to provide “minimum value” in order to preserve availability of government subsidies for their low-income

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