the Affordable Care Act opens up the 45-year-old Medicare program|Essay guru
Posted: January 31st, 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 health care outcomes and decreasing costs.
The discussion must address the topic.
Rationale must be provided
400 words in your initial post by Wednesday 23:59 pm
SOLUTION
- Expansion of Medicaid coverage: Increased access to health care for low-income individuals will lead to earlier diagnoses and treatments, improving health outcomes.
- Creation of Health Insurance Marketplaces: Competition between insurance plans will drive down costs and improve quality.
- Preventive care coverage: Encouraging regular check-ups and preventative measures can catch and address health problems early, improving outcomes and reducing costs.
- Medicare cost-saving measures: Implementing cost containment measures such as reducing waste, fraud and abuse, and promoting efficiency in the Medicare program, can reduce overall health care spending.
- Insurance market reforms: Prohibiting insurance companies from denying coverage due to pre-existing conditions, setting limits on out-of-pocket costs, and requiring essential benefits will improve access and financial stability for individuals.
- Investment in comparative effectiveness research: Evaluating and comparing different treatments and procedures to determine which are the most effective can inform decision-making and improve health outcomes while reducing waste.
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