The Health Care Reform Act

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The Health Care Reform Act was designed to benefit the citizens of the United States. Thanks to the Affordable Care Act, 3.1 million more young adults have health insurance on their parent’s plan, three million seniors have received a 50 percent discount on their prescription drugs, and millions of Americans now have access to no-cost preventive services to help them stay healthy. Abusive insurance practices are becoming a thing of the past. Additionally, the Affordable Care Act helps small businesses with the cost of providing health insurance for their employees and helps doctors and other health providers care for their patients more effectively. (http://www.whitehouse.gov/healthreform/relief-for-americans-and-businesses) The Health…show more content…
3590) and the Health Care Education Reconciliation Act 2010 (H.R. 4872). When President Obama signed these two bills, they became Public Law. The purpose of the ACA is to make health care more accessible to all residents of the United States by three means: mandating all U.S. residents to select a health insurance plan, forbidding insurers from denying coverage based on a pre-existing condition, and expanding program. The ACA states that the federal government will pay 100% of the cost of a newly enrolled Medicaid participants until 2016 for all states that expand their Medicaid program up to 138% of the federal poverty level and will pay90% by 2020 (Kincaid, 2013). Other concerns include whether the federal government will give state enough flexibility to manage Medicaid program, whether hospitals will receive adequate compensation to care for more patients and whether the physician workforce can accommodate the increased demand for care (Kincaid, 2013). The ACA is affected by two things, one is payments of hospitals and providers. The ACA does not provide fee for service towards a bundled payment. This type of payment, a set amout is paid for all services rendered and treatment related sickness. The ACA emphasizes pay per performance, meaning that the providers will not receive payment based on the patient outcome. For example, if the patient has shown no improvement there will be penalties. Also, there will be penalties if the patient has to be hospitalized
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