Current Health Policy Issues Covid 19 Stimulus Bill Essay

Open, View, and/or
Download this Document

Total Length: 880 words ( 3 double-spaced pages)

Total Sources: 3

Page 1 of 3

Week 6 AssignmentWrite an essay about a current event elated to health policy. It could be local, state, national, or internationalOn 11th March 2021, a $1.9 trillion Covid-19 Stimulus Bill was signed into law by President Joe Biden. In essence, the said bill seeks to deliver direct and immediate relief to workers and families impacted by the Covid19 pandemic. Among the core provisions of the Bill, which was passed by Democrats in Congress without a Republican vote, is an incentive to encourage the various states that have not undertaken to expand Medicaid coverage under the Affordable Care Act of 2010 to consider making such a move. The provision is based on the Federal Medial Assistance Percentage (FMAP), which as Rudowitz, Corallo & Garfield (2021) observe happens to be the total amount advanced to states by the federal government to ensure their Medicaid programs are funded. The FMAP is 90 percent for beneficiaries eligible through Medicaid expansion, which implies that almost the entire expansion cost is covered by the federal government (Rudowitz et al., 2021). The Bill, however, incentivizes Medicaid expansion by the 12 states that are yet to do so by ensuring that in the traditional Medicaid program, there is an additional five percent paid by the federal government in terms of Medicaid costs for a 2-year period (Rudowitz et al., 2021).

Stuck Writing Your "Current Health Policy Issues Covid 19 Stimulus Bill" Essay?

View All Our Example Current Health Policy Issues Covid 19 Stimulus Bill Essay

Have A Custom Example Essay Written

In essence, the 5% increase happens to be a significant injection of federal funds into states – with sources projecting that traditional Medicaid program spending is responsible for close to 80% of total program spending even in those jurisdictions having in place expanded coverage (Gee & Waldrop, 2021).Another provision in the Bill seeks to ensure that persons who no longer have access to private or employer-sponsored coverage as a consequence of the prevailing COVID19 pandemic have their health insurance costs picked up by the federal government. As Ollove (2021) points out, there is likely to be a significant increase in the number of persons who enroll for health insurance as a result of generous subsidies to non-expanding states as well as tweaks to certain insurance standards. The targeted states also stand to reap huge benefits from the incentive – for instance, Florida and Georgia, the two largest holdout states, could net $3.5 billion and $5.9 billion respectively if they took the deal (Rudowitz et al., 2021). This begs the question - to expand or not to expand Medicaid coverage?As per the initial design of the ACA, individuals whose households raked in less than 138% of the federal poverty level were eligible for Medicaid (Sohn & Timmemans, 2017). It should be noted that in National Federation.....

Show More ⇣

     Open the full completed essay and source list


OR

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


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Current Health Policy Issues Covid 19 Stimulus Bill" (2021, June 14) Retrieved May 16, 2024, from
https://www.aceyourpaper.com/essays/current-health-policy-issues-covid-19-stimulus-2176333

Latest MLA Format (8th edition)

Copy Reference
"Current Health Policy Issues Covid 19 Stimulus Bill" 14 June 2021. Web.16 May. 2024. <
https://www.aceyourpaper.com/essays/current-health-policy-issues-covid-19-stimulus-2176333>

Latest Chicago Format (16th edition)

Copy Reference
"Current Health Policy Issues Covid 19 Stimulus Bill", 14 June 2021, Accessed.16 May. 2024,
https://www.aceyourpaper.com/essays/current-health-policy-issues-covid-19-stimulus-2176333
   

Open, View, and/or
Download this Document
order custom essay example