Among its many provisions, the ACA restructures the private health insurance market and sets minimum standards for health coverage. Moreover, the act requires most of the US residents to obtain health insurance coverage and establishes state-based insurance exchanges for the purchase of private health insurance (Longest, 2015, p176). Subsidies that can help reduce the out of pocket cost of purchasing coverage through the exchanges are also available for certain individuals and families. In order to reduce the growth in Medicare spending, the ACA intends to expand eligibility for Medicaid. It also imposes a tax on insurance plans found to have high premiums; and makes numerous other changes to Medicare, Medicaid, and the Children’s Health Insurance Program.
The ACA directly affects all the major healthcare stakeholders, including the federal and state governments, as well as employers, consumers, insurers, and healthcare providers. While some groups of people may pay more and others less to obtain health insurance due to their income differences, under the affordable care act everyone will have access to better quality health insurance. Through the affordable care act, American healthcare consumers can ...
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... routine medical care. According to the article Why Improving Access to Health Care Does Not Save Money by Aaron Carrol, “lack of access isn’t all about insurance. Even for the insured, one of the major reasons people use the emergency room is that it’s more convenient. That doesn’t change with the ACA” (Carroll, 2014). Furthermore, “researchers found that increased insurance coverage resulted in more use of the emergency department, regardless of age and issue. Another study published on the Oregon Health Insurance Experiment found that giving people Medicaid also increased their use of the emergency department” (Carroll, 2014). While the Act alleviates the burden for many uninsured and underinsured individuals by providing them with healthcare plans they would otherwise not have access to, the Act also has a loophole that may require fixing it in the future.
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