Rationale Of Health Insurance Expansion - 1025 Words

Health Insurance Expansion Rationale of Health Insurance Expansion. In 2010, President Obama signed the Patient Protection and Affordable Care Act (ACA) (HHS, 2014). This law placed health insurance reforms put consumers in charge of their health care choices (HHS, 2014). The Affordable Care Act has been working to make health care more affordable, accessible with high quality for families, seniors, businesses and more (HHS, 2014). This law also was intended to change the Medicaid programs by providing federal funding for states to adopt a national Medicaid income-based eligibility standard, improve Medicaid reimbursement for primary care services, maintain the existing Medicaid and CHIP eligibility requirements, and improve the Medicaid enrollment process (ACP, 2013). There are many benefits of the ACA such as, free preventive care, prescription discounts for seniors, small business tax credit, health insurance marketplace, coverage available for children up to the age 26, yearly wellness visits, and more (HHS, 2013). The Medicaid expansion is one of the biggest milestones in health care reform (Obamacare facts, 2015). The Obamacare Medicaid expansion expands Medicaid eligibility to all individuals and families earning below 138% of the Federal Poverty Level (Obamacare facts, 2015). This included individuals who were not previously eligible. However, in 2013, the Supreme Court ruling made the Medicaid expansion to states voluntary; this overturned the ACA’s authority toShow MoreRelatedEssay on Long-Term Investment Decisions1425 Words   |  6 Pagesas much as it benefits the individual. Educated people tend to spur higher productivity for companies, create new inventions, and generate taxes from salaries. 2. Justify the rationale for the intervention of government in the market process in the U.S. The use of private goods and public goods would be the rationale for the U.S. government to intervene in the market process. Private goods are exclusionary and limited in the sense that when you use them, other people cannot. An example wouldRead MoreUtilitarianism can be used to describe the reasons why healthcare should be made available900 Words   |  4 Pagesis a human right is not sufficient; we must then be able to justify its expansion by illustrating its benefits (Wilson). In order for healthcare to be supported by utilitarianism, we must look at the consequences of healthcare implementation to ensure that it uses resources in a way that maximizes good for the greatest number of people. In ‘The Impact of Nearly Universal Insurance Coverage on Health Care Utilization and Health: Evidence from Medicare’, the authors examine individuals before and afterRead MoreEssay about HSA Assingment One Primary care clinic1528 Words   |  7 Pages300 - Health Services Organization Management Professor Janet Kaplan The Primary Care Clinic Many important factors go into play when running a healthcare organization. I plan to discuss some of the key components that have influenced the development of this health care facility. The clinic mission statement will be stated and addressed to clear up any confusion. I plan to identify the three performance measures I would use to measure the clinic’s effectiveness and provide the rationale for eachRead MoreThe Implementation Of The Patient Protection And Affordable Care Act928 Words   |  4 PagesProvisions that requires employers to provide health insurance to full-time employees, or pay a tax penalty. There are dire predictions that under â€Å"play or pay†, large employers would try to eliminate health benefits or cut workers’ hours to get under the cap requiring health benefits. Employers would achieve this by re-designating full-time employees as independent contractors. It is highly unlikely that large employers will try to reduce health insurance costs by converting employees to contractorsRead MoreHealth Care Organizations Essay920 Words   |  4 PagesSuggest the key financial drivers that most likely will cause health care organizations to merge. Provide support for your rationale. Cost is the driver that will most likely cause healthcare organizations to merge. Most healthcare organizations have issues with spending. Most industries today are faced with a variety of obstacles in achieving or remaining profitable. The healthcare industry is no exception. Profitability is enough of a challenge under normal circumstances, but especially so duringRead MoreThe Problem Of Tobacco Cessation And Its Effects On Health And Well Being Of The Community Essay1233 Words   |  5 Pagesintroduce new facets that build off of new or old projects. Domain four primarily deals with the State s Prevention Agenda on its intended influence to population-wide health. A specific project introduced in this domain focuses on promoting tobacco use cessation in low socioeconomic status populations and those with poor mental health. The objective of this prevention project is to decrease the prevalence of cigarette smoking in adults ages 18 and older, along with promoting the use of tobac co cessationRead MoreEssay about Affordable Care1298 Words   |  6 PagesThe key aim to this act is to ensure that health insurance is affordable to all individuals in the U.S. The main intention of the act is to ensure that there is lowered uninsured rate that is to be made possible through expansion of private and public coverage of insurance services. More so, according to the act, there should be reduced costs for the individuals and the government in the healthcare industry. Under this law, it is the duty of an insurance company to make sure that all the applicantsRead MoreThe Legacy Of Health Insurance1146 Words   |  5 Pagessaid, the history of health insurance has flourished throughout the centuries. With health insurance being one of the most needed household items, in the 1920s, the situation was somewhat a different story. In 1919, there was a study directed in Illinois to show that the wages that were lost from the individuals being out sick were actually four times larger than the incidentals linked with curing the illness. As the world was moving forward so was the need for health insurance. In the 1929, a groupRead MoreMoreno Valley Town Hall Meeting on Affordable Care Act1071 Words   |  5 PagesStates. However, it left a significant amount of confusion and skepticism about just how the act would be implemented. Not only were constituents left baffled about what exactly the ACA meant for their individual coverage, it also created entire new health care exchanges that the vast majority of people had little to no knowledge about beforehand. With so many questions surrounding the ACA, individuals needed, and actively sought out, answers from those in positions of power and influence with regardsRead MoreThe Financial Health Of The Company1044 Words   |  5 PagesBased on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements fro m various stakeholder groups (employee, investors, shareholders). Provide support for your rationale. HMA has annual revenues of over $7 billion. However, the company’s recent financial statements show that HMA is undergoing serious financial challenges, most of which is associated with ongoing legal woes and rapidly rising