Affordable Care Act
Patient Protection and Affordable Care Act 2010
Patient Protection and Affordable Care Act 2010
Quality, Affordable Health Care for all Americans
Change Analysis: Title I
Title I of the Affordable Care Act provides individuals, families, and small business owner control over their health care. This Act gives the middle-class the largest tax cut on health care our country has ever seen. Millions of working families and small businesses will benefit from decreased insurance premiums that will produce hundreds of billions of dollars in tax relief. Preventive care will be completely covered without out-of-pocket expense; it will also place a cap on out-of-pocket expenses. Also, if a person wants to keep their current insurance he or she will be allowed to do so.
Americans who do not have insurance coverage will have the opportunity to select a plan that is best suitable for him or her in an open, competitive insurance market. This will be the same insurance companies that Congress uses for their own insurance. Insurance companies will have to compete with each other for the consumer’s business constructed on cost and quality. Small business owners will be given a tax credit to aid in the offsetting of the cost it takes to cover their employees insurance.
Insurance companies will not be able to deny coverage based on a person’s pre-existing health conditions. It will also arm consumers with more power to fight against denials to physician ordered treatments covered by insurance. This Act will help eliminate a large amount of insurance company abuse by setting clear and precise rules, which should force companies to do the right thing are be heavily fined.
Insurance companies seem to always manage to find ways to confuse and manipulate the consumer but this bill will help eliminate some of these activities. Not only will an individual be able to keep or select a plan but be provided with unvarying meanings of insurance and medical terms. The bill will also
Patient Protection and Affordable Care Act 2010
Quality, Affordable Health Care for all Americans
Change Analysis: Title I
Title I of the Affordable Care Act provides individuals, families, and small business owner control over their health care. This Act gives the middle-class the largest tax cut on health care our country has ever seen. Millions of working families and small businesses will benefit from decreased insurance premiums that will produce hundreds of billions of dollars in tax relief. Preventive care will be completely covered without out-of-pocket expense; it will also place a cap on out-of-pocket expenses. Also, if a person wants to keep their current insurance he or she will be allowed to do so.
Americans who do not have insurance coverage will have the opportunity to select a plan that is best suitable for him or her in an open, competitive insurance market. This will be the same insurance companies that Congress uses for their own insurance. Insurance companies will have to compete with each other for the consumer’s business constructed on cost and quality. Small business owners will be given a tax credit to aid in the offsetting of the cost it takes to cover their employees insurance.
Insurance companies will not be able to deny coverage based on a person’s pre-existing health conditions. It will also arm consumers with more power to fight against denials to physician ordered treatments covered by insurance. This Act will help eliminate a large amount of insurance company abuse by setting clear and precise rules, which should force companies to do the right thing are be heavily fined.
Insurance companies seem to always manage to find ways to confuse and manipulate the consumer but this bill will help eliminate some of these activities. Not only will an individual be able to keep or select a plan but be provided with unvarying meanings of insurance and medical terms. The bill will also
References: Analysis of the Patient Protection and Affordable Care Act. (2010). Retrieved from http://www.rand.org/pubs/research_briefs/2010/RAND_RB9514.pdf Harrington, S. (2010). U.S. Health-Care Reform: The Patient Protection and Affordable Care Act. Journal of Risk and Insurance, 703-708. Redhead, Stephen, C. & Williams, Erin, D. Public Health, Workforce, Quality, and Related Provisions in PPACA: Summary and Timeline. (2010). Retrieved March 12, 2012, from http://www.crsdocuments.com Responsible Reform for the Middle Class. The Patient Protection and Affordable Care Act Detailed Summary. Retrieved March 12, 2012, from Democrats. Senate. Gov/Reform The Affordable Care Act, Section by Section. (2010). Retrieved from http://housedocs.house.gov/energycommerce/ppacacon.pdf Thought Leader Forum, Quick Leonard Keiffer International. (2008). Retrieved March 12, 2012, from http://www.ashhra.org