Employee health benefits are undergoing a radical change due the passage of the Patient Protection Affordable Care Act in March 2010, employers are having to re-evaluating how and if they will be provide health benefits to their employees (Grant Thornton LLP, 2013). According to Dunn, Kirsschner, & Livingston (2014) the PPACA has created new complications into collective bargaining negotiations over health insurance benefits. Especially in firms like GMFC which employs a large numbers of workers
The Impact the Affordable Care Act has on the Mental Health System Prior to the Affordable Care Act Mental Health coverage prior to the Affordable Care Act was far to none. With about nearly one-third of currently covered individuals having no coverage for substance abuse disorder services and approximately 20% having no coverage for mental health services. Services such as outpatient therapy visits, impatient crisis intervention and stabilization were among many that were not offered. Since the
Protection and Affordable Care Act that is most commonly called Affordable Care Act is a federal statute of United States that was signed to become a law on March 23, 2010 by President Barack Obama. On June 28, 2012 the Supreme Court gave the decision to confirmed Affordable Care Act (HHS, 2014). Again in June 2015 the Supreme Court ruled in favor of Affordable Care Act in a 6-3 decision (CNN, 2015). Some of the important features of Affordable Care Act include that no one can be denied health insurance
past few decades, health care industry in the United States is facing three major problems related to quality, costs, and access. The healthcare expenditure in the United States has increased drastically over the years and the United States still rank top in health care spending when compared to other top nations in the world. Despite having high healthcare expenditure, Americans have limited access to health care, spends higher costs for the procedures and getting poor health care outcomes. In a recent
The Affordable Care Act (ACA) is the new health care reform law in America, which is often called Obamacare. The Affordable Care Act (ACA) is a short for the Patient Protection and Affordable Care Act (PPACA). According to the Affordable Care Act summary, “The Patient Protection and Affordable Care Act is made up of the Affordable Health Care for America Act, the Patient Protection Act, and the health care related sections of the Health Care and Education Reconciliation Act and the Student Aid and
of Affordable Care Act HCS/455 Key Components of Affordable Care Act The Affordable Care Act (ACA) came into federal law in March 2010 and was drafted by the Obama Administration. ACA is often referred to as “Obamacare” and one of the major objectives of the Affordable Care Act is to provide Americans with health care insurance. There are many types of individuals that will be seeking coverage through Obamacare. There are many types of benefits and drawbacks to any new health care
the president, he implied many new suggestions in the United States, for example, the Affordable Care Act or The Patient Protection also known as Obamacare. The health care reform also known as The Patient Protection and Affordable Care Act or simply Obamacare became one of the most ambitious projects in the history of the United States since the mid-1960’s.1 This is the first attempt to reform the U.S. Health Care system of the United States since the 1960s, when the President Johnson created public
after Congress passed the Affordable Care Act and was then signed into law by President Barack Obama. The law was passed that the number of Americans covered by health insurance would increase. In return, the cost of health care will decrease. What is the Affordable Health Care Act? According to the Health Insurance Organization(2015, pg.1) The Affordable Health Care Act, also known as, The Patient Protection and Affordable Care Act (PPACA) –is the landmark health reform legislation that includes
the past few decades health care industry in United States is facing three major problems related to quality, costs and access. The health care expenditure in United States has increasing drastically over the years and United states still ranks top in health care spending when compared to other top nations in the world. Despite of having high health care expenditure, Americans have limited access to health care, spends higher costs for the procedures and getting poor health care outcomes. In a recent
The Affordable Care Act How important is your health to you? One day you are here, the next you are gone. Health care by law is needed and ought to be granted to everyone. The Affordable Care Act also known as ACA, was signed lawfully by President Barack Obama on March 23, 2010. Health care is essential to everyone’s needs; essentially most less fortunate individuals depend on this health care due to its affordability. This act covers insurance coverage that impacts a consumers well-being and financial