The Accountable Care Organization (ACO) are groups of doctors, hospitals, and other health care providers, who come together voluntarily to give coordinated high-quality care to their Medicare patients (McCarty, B., 2016). For example, Medicare Shared Savings Program was created by The Center for Medicare & Medicaid Services to monitor and establish that all ACO’s are meeting the quality performance benchmarks and reduce Medicare spending by certain percentages (H., 2017). The growth of ACO’s from 2011 to 2016 is astonishing, in 2011 there was 64 ACO’s and by 2016 they have risen to 838 in the U.S. (H., 2017).
The Affordable Care Act(ACA) first took effect during the second term of President Barack Obama’s administration. Many people are in favor of the ACA while others are not; a love, hate relationship. The Affordable Care Act requires reforms to benefit the whole of the United States of America(USA) instead of hurting it. The information of this paper is written to inform readers about the problems of ACA. The paper will start with the background information, it will then move to the pros, cons, implications and the results of the ACA.
I believe the Affordable Care Act does help numerous Medicare patients. Numerous sorts of preventive consideration are presently accessible to them at no extra cost. Preventive consideration can help them stay well and maintain a strategic distance from sickness. Also, with any kind of Medicare coverage, they are allowed a wellbeing exam on a yearly basis without needing to pay anything at the time of their visit. Plus along with their physician they can design an arrangement to keep them in good physical shape and well. Likewise, they have access to most screening and restorative administrations without extra cost to discover ailments early, when they are less demanding to
Ever since the Affordable Health Care Act, there have been many controversial thoughts over Obama Care. Obama Care’s purpose when it was initiated was to provide affordable health care for people who could not afford the modern prices of health care. Though, to other people the quality of that healthcare was not as good. Others claim this act forces people into health care that they cannot afford. Then finish first paragraph with thesis statement: Obama care has been accused of harming many peoples’ lives by practically rushing people into healthcare that some people may not be able to afford, increasing the costs of other insurance companies, and dictating how states should run their health insurance companies.
Before the conclusion, already told about what kind of disadvantages in the Patient Protection and Affordable Care Act, how to influence people and health insurance companies, we knew about the Patient Protection and Affordable Care Act had disadvantage which costs were rising up, and in the Congressional Budget Office estimate, the tax would rise up. For health insurance companies, because they needed to face the Market uncertainty which came from the Patient Protection and Affordable Care Act, and it caused the health insurance companies profit was reduced. For people, exceeding the number of people who joined the Patient Protection and Affordable Care Act caused the quality of healthcare were reduced, and the problems which the health insurance
“The maintenance and improvement of physical and mental health, especially through the provision of medical services” – Healthcare. These services aren’t something that just happened 10 years ago. Hospital and medical expense policies were introduced during the first half of the 20th century. During the 1920s, some hospitals began offering services to individuals on a “pre-paid” basis which eventually leaded to the development of Blue Cross Organizations in the 1930s. throughout the years health care has changed rapidly, in the 1940s, prepaid group healthcare began, it seemed as radical.
As with everything else, there are pros and cons associated with the Affordable Care Act. The thought of the complex nature, in itself, of overhauling the country’s health care system is enough to warrant both. The ACA provides several benefits for the lower to middle class businesses and families and has some hindrances for the higher class businesses and families, large companies that don’t offer employee insurance and certain areas of the healthcare trade. The average American citizen has a lot to gain and little to nothing to lose. While those individuals that make more and the large companies might notice the financial woes, all American citizens will benefit from the ACA in one way or another.
Based on what the student has learned, there were pros and cons with the onset of the Affordable Care Act (ACA). Also, the student believes that there are ways to improve the law as well. The ACA was intended to give Americans choice in having health insurance. Although, there was a penalty implemented if the people did not take advantage of the opportunity given. One benefit that the student found is that ACA lowered health care cost. One great example of that is the free preventive care, in which it offers free vaccinations and birth control. Second, to avoid taxpayer’s contribution, previous conditions had to be covered with insurance plans. This next one was very beneficial to the student’s last employment. Businesses with 50 or more employees
When Obama was sworn into presidency he implemented many new healthcare initiatives in order to reform the quality of care and strive forward towards having healthcare be available to everyone. The Patient Protection and Affordable Care Act was a significant effort to expand healthcare to all citizens, but the part of the act that is not as well known is the proposal of Accountable Care Organizations (ACOs). Accountable Care Organizations are an initiative for providing better, more universal healthcare throughout all stages of life, especially focusing on the care of Medicare beneficiaries. An Accountable Care Organization is a network of doctors, nurses, hospitals, and health care providers that all agree to give coordinated care to Medicare patients by having responsibility of the cost and quality of patient care. The goal of these organizations is to have a group of people that all know the patient’s history and, therefore, through transitions the patient is able to receive quicker and higher quality of care for less cost of both the patient and provider. The effectiveness of Accountable Care Organizations depends upon the cost-effectiveness, professionals voluntarily giving care, and, most importantly, the way in which it affects patient care.
The American health care system has been victim to an escalation in the prices of health care services juxtaposed with inefficiency in delivery of care services. There has even been cases where State spending on the actual health care increased dramatically in the United States and one of the key components of curbing this problem which has been prevalent over the mass media and has been a major discussion among physicians is the advent of Accountable Care Organizations. Accountable Care Organizations (ACOs) is structured with the goal of trying to improve health care delivery and aid in the reduction of the overall cost of services (Weissert & Weissert, 2012). If there is insufficient coordination of high quality care delivery in the health care industry, this will have a negative impact on patient safety and diminish affordable care for patients. Hence, the development of ACOs is envisioned to be the savior of medical practices and can improve the overall fabric of the American society (Bresnick, 2013). ACOs serves as one of the answers for curbing the problem of high costs, low quality care and possible segmented delivery and as much as it serve as the major determinant for improvement in patient satisfaction, there are minor
The latest healthcare reform known as the Affordable Care Act or “Obamacare” was signed by President Barack Obama in 2010 in efforts to provide higher quality, reasonably priced healthcare to those who meet certain criteria such as low income, disability, or age. This was made possible through state and federal tax increases and increased government spending, and has increased this country’s federal debt each year (Congressional Budget Office). The 2015 census report stated that 37.1% of the United States population had government health insurance coverage, namely Medicaid and Medicare. With healthcare coverage for many terminally-ill individuals being paid for by state or federal funds, it may be argued that DWD is preferred as that is not
The Patient Protection and Affordable Care Act (PPACA) also referred to as Affordable Care Act or Obamacare was passed into law under the former President Obama’s administration on March 23, 2010. The ACA is the largest reform in the health care industry, since Medicare and Medicaid in 1965, that provides over 20 million previously uninsured Americans with health insurance, better health benefits for those with insurance, improved access to health care and controls the cost of care.1The new administration under President Trump is set to repeal and replace the ACA and once again, the fate of millions of Americans is to be decided.
Hi, Rabab! The Obama Care also known as Affordable Care Act (ACA) has been controversial but it does have several advantages. Obama Care helps with affordable healthcare and also helps consumers with pre-existing conditions to be able to get healthcare. Rabab I’m glad that law abolished discrimination by insurance companies based on previous medical history. Rabab I do believe everyone should at least have some type of affordable insurance and Obama Care was a great start towards making a difference of people having some insurance rather than not having any at all. Good medical care is a must have in everyone life. Good Post.
Daltons, J. (2007, September 6). The Advantages & Disadvantages of PPO's - HMO's. Retrieved March 14, 2009, from http://ezinearticles.com/?The-Advantages-and-Disadvantages-of-PPOs---HMOs&id=720733