Affordable Care Act opens up the 45-year-old Medicare program|Homework help

Posted: January 29th, 2023

In 2010, the Affordable Care Act opens up the 45-year-old Medicare program to the biggest changes since its inception. Discuss the components of the Affordable Care Act that you think will have a positive effect on improving healthcare outcomes and decreasing costs.

The discussion must address the topic.

Rationale must be provided

400 words in your initial post

Minimum of two scholarly references within 5 years

in APA format

SOLUTION

The Affordable Care Act (ACA), also known as Obamacare, includes several provisions that aim to improve healthcare outcomes and decrease costs. Some of the key components of the ACA that have a positive effect on healthcare include:

1. Expansion of Medicaid: The ACA expands Medicaid coverage to individuals with incomes up to 138% of the federal poverty level, which helps to increase access to healthcare for low-income individuals.
2. Insurance Marketplaces: The ACA establishes state-based insurance marketplaces, also known as exchanges, where individuals can purchase health insurance plans at more affordable prices.
3. Subsidies: The ACA provides financial assistance in the form of subsidies to help individuals and families afford the cost of health insurance.