Affordable Care Act Essay

Total Length: 1737 words ( 6 double-spaced pages)

Total Sources: 6

Page 1 of 6

Affordable Care Act (ACA)

• Differentiate between at least three groups of stakeholders impacted by the ACA.

Obamacare or the ACA (Affordable Care Act) was primarily designed and put into effect in the year 2010 with an objective of offering better healthcare insurance coverage for the American people and minimize the heavy costs incurred by the American people to access healthcare (Thompson, 2014). Although ACA has achieved sizeable success in coverage there are still many challenges facing it including slow adoption across America, funding problems and problems getting the support of the public (Center for Public Impact, 2017). The main stakeholders of ACA include the healthcare providers, healthcare consumers, employers, and the States.

Consumers: Healthcare consumers in America details about 55% Americans who have healthcare insurance cover through the employer. 33% Americans have healthcare insurance cover through government program. These people may not be impacted by the variations and tides in the healthcare insurance coverage (HCC, 2013). The estimates from the CBO (Congressional Budget Office) revealed that the nonelderly people without insurance would decrease by 26 million from the initial 55 million uninsured in the year 2013 to 29 million uninsured in the year 2017 (HCC, 2013). Borrowing from the CBO prediction it is expected that much marketing and publicity on health insurance with the objective of getting to the young population will be done. Notwithstanding the great expectation the performance of ACA has been mixed (Collins & Saylor, 2018). Increase in the level of premiums and public controversy owing to the mismanagement of expectations and political issues have adversely affected the performance of ACA (Center for Public Impact, 2017).

Evidence exists to the effect that ACA has enhanced healthcare insurance access for about 20 million people. This is not what was expected. The objective was to alleviate the number of uninsured people to 22 million and from 50 million (Center for Public Impact, 2017). The enrollment of ACA in the marketplace has been wanting. CBO estimates showed that approx. 21 million Americans would get enrolled into the program. According to current estimates only approx. 9.4 million to 11.4 million Americans have been enrolled into the program (Center for Public Impact, 2017). According to the majority opinion from the public the impact of ACA was not fully beneficial. A 2015 inquiry revealed that 54% Americans thought that this healthcare law had no effect on their family to the point of the inquiry (Center for Public Impact, 2017).


Moreover 26% of Americans thought that ACA had had some negative personal impact on them. 19% thought that ACA had impacted them positively. Other Americans opposed to the ACA thought that it had undesirable consequences such as higher insurance premiums in the States of Minnesota and Wisconsin (Center for Public Impact, 2017). State regulators in Wisconsin made an announcement that insurance premiums would go up by approx. 15.88%. Other health insurance plans would see the premiums go up by approx. 30.37%. Some large insurance companies stopped providing healthcare insurance through Obamacare exchange in the State of Wisconsin (Center for Public Impact, 2017). The commercial world has also perceived some the insurance negatively. Most plans for small groups…

[…… parts of this paper are missing, click here to view the entire document ]

…premiums allowed. The variation in the health insurance plan is made up of cost sharing size including provider network scope and deductibles.

• Summarize benefits of the ACA on each group of stakeholders.

Consumers: To a certain level ACA has enhanced coverage although increased premium levels and controversy presented by mismanaged expectations and political turmoil has taken a toll on ACA.

Employers: According to Abraham and Royalty (2017) there are no real benefits for the employer that can be written home about because of the increasing premiums and obligations on the employers shoulder to provide insurance for employees working for more than 30 hours each week.

Providers: A larger clientele has expanded the pool of resources that insurance providers are working with.

• Summarize drawbacks of the ACA on each group of stakeholders.

Consumers: Higher premiums, inability to pay premiums, and political controversy are the major drawbacks with ACA. The new laws were expected to make healthcare affordable but so far that has not been visible.

Employers: The employer may have to pay more premiums if they have more than 50 employees working for them for more than 30 hours every week. This means that the expenses on each employee may increase.

Providers: The growth of the number of people taking advantage of the ACA to enroll for the insurance program and visit hospitals for treatment has suddenly shot up. This means that the reimbursement requirements have increased, therefore, forcing the providers to raise their premiums. The new ACA rules have.....

Show More ⇣


     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


References

Abraham, J., & Royalty, A. B. (2017). How Has the Affordable Care Act Affected Work and Wages?. Ldi Issue Brief, 21, 3, 1-5. Retrieved 20, December, 2018 from https://ldi.upenn.edu/brief/how-has-affordable-care-act-affected-work-and-wages

Center for Public Impact. (2017). The Affordable Care Act in the US (Obamacare), North American, Health. Retrieved 20, December, 2018 from https://www.centreforpublicimpact.org/case-study/affordable-care-act-us-obamacare/

Collins, B. L., & Saylor, J. (2018). The Affordable Care Act. Nursing Management, 49(8), 42– 48. https://doi.org/10.1097/01.NUMA.0000538917.37912.d4

HCC. (2013). The ACA in 2013: What Can Stakeholders Expect? Health Capital Consultants. Retrieved 20, December, 2018 from https://www.healthcapital.com/hcc/newsletter/4_13/HTML/ACA/6.4_aca.php

Nowak, S. A., Eibner, C., Adamson, D. M., & Saltzman, E. (2013). Effects of the Affordable Care Act on Consumer Health Care Spending and Risk of Catastrophic Health Costs. Santa Monica, Ca; Washington, Dc; Pittsburgh, Pa; New Orleans, La; Jackson,
Ms; Boston, Ma; Doha, Qa; Cambridge, Uk; Brussels, Be: Rand Corporation

Thompson, T. (2014). The Affordable Care Act. New York, NY: Greenhaven Publishing LLC.
Related Essays

Affordable Care Act and Marijuana

 When the Affordable Care Act was upheld by the Supreme Court, several people commended the Court for refusing to remove the only social protection they had which was established and improved by the New Deal as well as the Great Society. The House of Congress agreed to allow certain states have a significant level of command on the way federal programs such as Medicaid were implemented on the condition that it would be free to set up and enlarge its planned national entitlement schemes (Brown-Nagin, 2013). A huge disagreement in the beliefs… Continue Reading...

Obamacare Pros and Cons and Mandated Insurance

be able to afford the medical care and attention they need throughout their lifespan. The Affordable Care Act, colloquially called Obamacare, set as its goal eventual universal healthcare coverage. Unfortunately, Obamacare has not promoted the ultimate goal of providing affordable healthcare for all Americans. Mandating healthcare insurance does help reduce disparities in access to affordable and necessary interventions, tests, and treatments. As idealistic as Obamacare is, the policy has not reduced the costs of healthcare but it does represent a step in the right direction towards distinguishing between the profit motive in healthcare insurance and the ethical obligation to create a more caring and egalitarian… Continue Reading...

Affordable Care Act ACA Implementation State of Florida

State of Florida: Affordable Care Act (ACA) Implementation The Affordable Care Act (ACA) was designed to extend healthcare coverage to more Americans, ideally to cover all Americans. Yet the passage of the bill was relatively turbulent, and resulted in a somewhat inconsistent implementation of its fundamentals on a state-by-state basis. Before the ACA, the state of Florida had one of the highest uninsured rates in the nation and after the implementation of the ACA and the healthcare exchange, “the uninsured rate has reportedly dropped from around 20% in 2013 to 15.2% in 2015,”… Continue Reading...

Obamacare Essay

Titles: The Affordable Care Act: Can It Be Fixed? The Future of the Patient Protection and Affordable Care Act The Pros and Cons of Obamacare The Effects of Obamacare on American Small Businesses Topics: What are the main arguments for and against Obamacare? How much should Americans pay for healthcare insurance? Why do Americans pay more for their healthcare than consumers in some other countries? Is Obamacare’s individual mandate unconstitutional? Outline: I.  Abstract II.  Introduction III.  Body      A.  Background and Overview      B.  Pros of Obamacare / Advantages  … Continue Reading...

Pros and Cons of the Affordable Care Act

The Affordable Care Act (ACA) was passed into law under the Obama Administration and was responsible for reshaping the health care system in many different ways. From overhauling procedures regarding how health care providers deal with patients and practice quality care to providing more people with coverage, the ACA was meant to make fix many of the problems that Americans had with health care. While some have found the ACA to be highly positive, others have found it to be a complete disaster. Obama noted that the aim of the ACA… Continue Reading...

Trumpcare Vs Obamacare An Ill Advised Move

Ethics of Repealing and Replacing the Affordable Care Act (ACA) Before President Donald Trump was elected into office, he promised to repeal and replace the ACA within the first 100 days in office. This was probably a ray of hope for all the people suffering under the act. Surprisingly, however, the term 'suffering' is subjective. It is not yet clear whether the majority of citizens prefer the existing health care system or not. According to statistics, the number of people who view the system as unfavorable almost matches the number of those who view it as… Continue Reading...

The ACA and Health Care Costs

The ACA and the U.S. Health Care System · The Affordable Care Act (ACA) was meant to promote greater quality care through increased implementation of preventive care; but as Lichtenfeld (2011) and Moynihan (2015) have shown, the health care industry remains committed to a course of treatments and tests because both are generally subsidized by the federal government—and, frankly, preventive care does not ensure that customers will keep coming through the door to make the industry money. · The problem with the ACA has been that it has done little to reduce the putting of profits before people mentality that… Continue Reading...

Veterans Mental Health Problems and the Affordable Care Act

Current status in implementing the affordable care act with regard to veterans' mental health problems The Affordable Care Act's enactment gave rise to major concerns with regard to greater healthcare expenditure and reduced benefits for the defense population. This has led to the VA (Department of Veteran Affairs), the White House and TRICARE authorities expending efforts towards public education. Veteran Affairs believes the Act (popularly called Obamacare) has no effect on military veterans' entitlement to and accessibility of the mental health services they were already recipients of, and also doesn't affect TRICARE for Life or… Continue Reading...

Repeal and Replace Obamacare Essay

Republican-controlled Congress. There are a number of reasons that repeal and replace has been difficult, even though the Affordable Care Act (the ACA) was, at best, an imperfect solution to the modern healthcare crises. Public support for repealing Obamacare has lessened as people have become aware that Obamacare and the ACA are the same thing. Republicans have not been able to develop a plan that would provide better care for the American people without having an individual mandate. Finally, the for-profit medical structure currently in the United States makes it difficult, if not impossible, to provide significant reform. These barriers make it seem unlikely that Obamacare will be… Continue Reading...

Federal Policy on Afordable Care Act

The veterans challenge is not recent but has been around for many decades yet has not been effectively resolved. The Affordable Care Act was crafted purposefully to help more Americans, especially those of lower economic standards, and expose them to greater accessibility to affordable health insurance. This policy is meant to enhance the quality of health care and health insurance, as it diminishes the health care spending within the USA as well availing more choices for the consumers and putting the insurance more to accountability than before (Obamacare Facts, 2017). These are benefits that the veterans are meant to get from the Affordable Care Act since the aforementioned challenges that… Continue Reading...

Universal Healthcare

reform. Although Obamacare is not without its vocal and vehement opponents, Americans have reaped tremendous benefits from the Affordable Care Act (ACA), as individuals and collectively as a society in terms of reduced rates of personal bankruptcy cases due to personal health expenditures (World Health Organization, 2018). As a result of the ACA (Obamacare), Americans at all levels of the socioeconomic ladder have access to critical care, and are not denied coverage for essential services. Health outcomes would also be more equitable, contrary to the current situation in which health outcomes for the poor and disenfranchised are consistently worse than they are for those who can… Continue Reading...

Argument for Universal Healthcare United States

greater prevalence of chronic conditions” versus high income countries with universal healthcare systems (Squires & Anderson, 2015, p. 1). The Affordable Care Act was an attempt, albeit an incomplete one, to reform the way healthcare is structured and financed. Universal health care is a concept that has gained some traction in the United States, but its thorough implementation is hindered by values, norms, and fears. Overall, the pros of universal healthcare undoubtedly outweigh the cons. The pros of universal healthcare include reductions in wasteful spending, the promotion of social justice and health equity, and the improvement of overall health outcomes in the United States. The United States already has some… Continue Reading...

Healthcare Delivery System Model

that there are differences in health outcomes, costs and quality based on where people live (Wren, 2012). The unique factors that influence the health outcomes in each community are helping to drive innovation that is now manifest in the various system models. The Affordable Care Act, health systems, clinics, physicians, private payers and hospitals have been looking for ways to offer better care, better health for the population and reduced costs. The quest has led to several innovative initiatives in the private sector. Some of the initiatives include collaborative model systems of delivery based the partnership between payers and providers, shared investment in various respects from stakeholders and extended care networks (Wren, 2012). Model Components One of the factors to consider when configuring delivery systems for healthcare is mould the organization to align… Continue Reading...

Health Care and Transparency Issues

area addressed by Gandalf and Merlino in their podcast. Reforms like the Affordable Care Act have helped to introduce metrics into the healthcare industry that can measure “safety, equality, the service experience—and it has linked provider performance to reimbursement. And that is driving significant attention and change in healthcare” (Gandalf & Merlino, n.d.). The ability of healthcare reform to drive changes in the industry by bringing about a standardized approach to measuring performance and rewarding achievements is an essential part of prioritizing patient safety. Simply by measuring, for instance, the number of hospital-acquired infections, or the number of readmissions, the healthcare organization… Continue Reading...

The U.S Economy and Health Care

that federal health care program spending is increasingly rapidly, and with that comes the need to fund that spending. It notes that the Affordable Care Act has served to reduce the cost burden of health care on the economy, in particular on consumers, but only by means of slowing the growth in health care costs; not reversing them. The Office studied the potential impacts of ACA repeal, and found that repeal would deliver a short-run gain in the federal deficit, but by 2018 would start a process of sharply increasing the deficit. One of the reasons for this is that many Americans would, instead of having regular medical coverage, become reliant on emergency… Continue Reading...

US Healthcare Reform Initiatives

of what a patient’s insurance will cover rather than actual need. The Affordable Care Act (ACA) was instrumental in expanding Medicaid coverage in many states, although many individuals who do not obtain healthcare through their providers still find its insurance plans excessively costly. Subsidies are available but high-deductible plans on the ACA exchanges still make healthcare a struggle for many American families and even families who receive employer-provided insurance may have high copays and deductibles. Granted, there is a constant tension within healthcare between the needs of patients and providers which can make cooperation difficult, namely the “difficulty of reconciling the public’s… Continue Reading...

Trends in Healthcare Management Industry

policies in different nations. In the United States, the enactment of the Patient Protection and Affordable Care Act (PPACA) has resulted in the lowering of overall healthcare costs, whereby millions of individuals have access to insurance, thereby guaranteeing free preventative care. Social media in healthcare has stemmed from the increased use and adoption of the technology for health-related reasons by patients as well as healthcare practitioners. Moreover, drug shortages have emerged as a challenge that hospital pharmacists encounter and manage in different measures on a daily basis. The paper explores the trends in the three aspects as they relate to the healthcare management industry. Furthermore,… Continue Reading...

Economy and U.S. Health Care

The Affordable Care Act (ACA or Obamacare) witnessed a twenty-five percent growth in insured individuals. But the above growth was accompanied by a concurrent sharp rise in insurance companies’ premiums. Furthermore, it led to a tremendous healthcare sector burden, increasing the nation’s budget twofold, from 1.3-2.5 trillion dollars according to 2009 estimates (Tuller, 2017). The above phenomenon constituted a gross domestic product increase of 3.8 percentage points (pps.), committed to America’s healthcare sector. In Tuller’s (2017) opinion, the healthcare structure is a “hidden thief” that may be held accountable for no appreciable… Continue Reading...

Healthcare Transcultural and the Amish Community

and the same principles have also exempted the Amish from participating in the Affordable Care Act and its mandated health insurance provision (Rohrer & Dundes, 2016, p. 92). Instead of participating in mainstream health insurance schemes, the Amish provide fully for the healthcare needs of members of their community. The Amish community manages healthcare costs internally by reducing or eliminating spending on non-essential services, while pooling community resources to pay for essential or emergency care. In some cases, the Amish communities have agreements with local hospitals for bulk discounts or special rates for services (Kelley, 2013). This “community-based” model of “reciprocal assistance without… Continue Reading...

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Affordable Care Act" (2018, December 20) Retrieved September 19, 2019, from
https://www.aceyourpaper.com/essays/affordable-care-act-essay

Latest MLA Format (8th edition)

Copy Reference
"Affordable Care Act" 20 December 2018. Web.19 September. 2019. <
https://www.aceyourpaper.com/essays/affordable-care-act-essay>

Latest Chicago Format (16th edition)

Copy Reference
"Affordable Care Act", 20 December 2018, Accessed.19 September. 2019,
https://www.aceyourpaper.com/essays/affordable-care-act-essay