What is the health care reform bill?
The new health care bill expands Medicare coverage to all individuals and families whose income is at or less than 133% of the federal poverty level — and the federal government will pay all costs of coverage for those who are newly Medicare-eligible, through 2016.
What was eliminated in 2014 by the Affordable Care Act?
Effective January 1, 2014. Eliminating Annual Limits on Insurance Coverage. The law prohibits new plans and existing group plans from imposing annual dollar limits on the amount of coverage an individual may receive.
What was the purpose of Obama’s healthcare reform?
The primary objective of health care reform is to provide healthcare coverage for all (currently uninsured) Americans universally and to decrease the costs of health care services and coverage.
How can the Affordable Care Act be improved?
A: The single most important and achievable thing is to improve the health insurance subsidies, the advance premium tax credits, that make the purchase of individual insurance affordable for people who are eligible.
Why is healthcare reform so important?
Healthcare reform affects virtually all Americans, old or young, working or unemployed, single or married. The ultimate goals of healthcare reform are to increase the number of insured and to increase the quality of care while trying to stabilize or reduce costs.
What is the American Health Care Reform Act?
This bill amends the Public Health Service Act to require the Department of Health and Human Services (HHS) to provide grants to states for high risk health insurance pools. Individual health insurance coverage is governed by the laws of a state designated by the health insurance issuer.
When does the Affordable Care Act take effect?
The ACA aims to extend health insurance coverage to about 32 million uninsured Americans by expanding both private and public insurance. Key provisions do the following, effective Jan. 1, 2014, unless otherwise noted:
What are the main provisions of the Affordable Care Act?
The ACA aims to extend health insurance coverage to about 32 million uninsured Americans by expanding both private and public insurance. Key provisions do the following, effective Jan. 1, 2014, unless otherwise noted: Require employers to cover their workers, or pay penalties, with exceptions for small employers.
Is the Patient Protection and Affordable Care Act fully paid for?
The Congressional Budget Office (CBO) has determined that the Patient Protection and Affordable Care Act is fully paid for, will provide coverage to more than 94% of Americans while staying under the $900 billion limit that President Obama established, bending the health care cost curve, and reducing the deficit over the next ten years and beyond.