It is commonly known as the affordable care act — and widely nicknamed obamacare the act will extend insurance to more than 30 million uninsured people, primarily by expanding medicaid and providing federal subsidies to help lower- and middle-income americans buy private coverage. Medicaid programs, chip, most tricare programs, and comprehensive health care coverage of veterans) employer-sponsored coverage under a group health plan (including self-insured plans) individual market coverage (for example, a qualified health plan purchased through the marketplace or. On march 23, 2010, president obama signed comprehensive health reform, the patient protection and affordable care act, into law the following summary of the law, and changes made to the law by subsequent legislation, focuses on provisions to expand coverage, control health care costs, and improve health care delivery system. A recent forecast from the congressional budget office estimates that, if left in place, the affordable care act will continue to save federal dollars through at least 2025. The patient protection and affordable care act, often shortened to the affordable care act (aca) or nicknamed obamacare, is a united states federal statute enacted by the 111th united states congress and signed into law by president barack obama on march 23, 2010.
Most health plans must cover a set of preventive services — like shots and screening tests — at no cost to you this includes plans available through the health insurance marketplace important these services are free only when delivered by a doctor or other provider in your plan's network. This presentation is a high-level summary and for general informational purposes only the information in this presentation is not comprehensive and does not constitute legal, tax, compliance or other advice or guidance. Our 'affordable care act' summary breaks down obamacare section by section the 'affordable care act' summary will give the most factual representation of the law by summarizing each of the act's 10 titles. The affordable care act of 2010, section 2703 (1945 of the social security act), created an optional medicaid state plan benefit for states to establish health homes to coordinate care for people with medicaid who have chronic conditions.
Cover missouri publication 2 preface on march 21, 2010, the united states congress passed the patient protection and affordable care act, as part of congress' comprehensive health reform legislation. From the iom introduction: the patient protection and affordable care act (aca) has made the most comprehensive changes to the provision of health insurance since the development of medicare and medicaid by requiring all americans to have health insurance by 2016. The affordable care act is the largest and most comprehensive overhaul of the united states healthcare industry since the inception of the medicare and medicaid. Entitled the patient protection and affordable care act be it enacted by the senate and house of representatives of the united states of america in congress assembled . Summary of the american health care act this summary describes key provisions of hr 1628, the american health care act, as approved by the house of representatives on may 4, 2017, as a plan to repeal and replace the affordable care act (aca) through the.
This would promote ongoing comprehensive care management, optimizes patients' health status and assist patients in navigating the health care system linking payment to quality, adherence to guidelines, achieving better clinical outcomes, giving better patient experience and lowering the total cost of care. Public law 111-148—mar 23, 2010 124 stat 119 public law 111-148 111th congress an act entitled the patient protection and affordable care act be it enacted by the senate and house of representatives of. Kaiser permanente is committed to providing high-quality, affordable health care services to all the communities we serve medicaid is a state-run health care coverage program financed with federal funds that usually enrolls people who have low incomes and limited resources. Overview of the healthcare industry and origin of the affordable care act many people attribute healthcare reform to president obama, thanks in large part to media coverage and misinformation.
The affordable care act is the most important health care legislation enacted in the united states since the creation of medicare and medicaid in 1965 the law implemented comprehensive reforms designed to improve the accessibility, affordability, and quality of health care. Summary of the affordable care act this summary describes key provisions of the affordable care act (aca) related to private health insurance, medicaid, and medicare. The affordable care act establishes a medicare shared savings program (mssp) which encourages accountable care organizations (acos) to facilitate cooperation among providers to improve the quality of care provided to medicare beneficiaries and reduce unnecessary costs.
A quick overview of obamacare and how it works the following obamacare summary is a quick overview of what you need to know about health care reform under the affordable care act. The affordable care act (aca) was passed in 2010, and nearly 100 studies have focused on measuring how effectively the law is achieving its intended goals in a structured and systematic review. Public health service (phs) act section 2707(b), as added by the affordable care act, provides that a group health plan shall ensure that any annual cost-sharing imposed under the plan does not exceed the limitations provided for under section 1302(c)(1) and (c)(2) of the affordable care act.
Overview the federal patient protection and affordable care act (pl 111-148), signed march 23, 2010, as amended by the health care and education reconciliation act, signed march 31, 2010, is also referred to as the affordable care act (aca), or simply as federal health reform. Overview 4 the new continuum of coverage & medicaid expansion provides comprehensive health care benefits overview of medicaid & the affordable care act. The house passed a new version of a health care bill to replace the affordable care act after the first one failed to get enough republican support in march.
The comprehensive health care reform law enacted in march 2010 (sometimes known as aca, ppaca, or obamacare) the law has 3 primary goals: make affordable health insurance available to more people. Section 1332 of the affordable care act (aca) permits a state to apply for a state innovation waiver to pursue innovative strategies for providing their residents with access to high quality, affordable health insurance while retaining the basic protections of the aca state innovation waivers allow.