Who does ACA apply to?
The Affordable Care Act employer mandate generally applies to employers with 50 or more full-time employees, according to the IRS. This means that in most cases, these businesses must offer health insurance to their employees, or make an employer shared responsibility payment to the IRS.
How is ACA paid for?
The health reform law known as Obamacare (officially the Affordable Care Act) is paid for with a combination of cuts in government spending and new revenue from several sources, including tax increases. High-income taxpayers also help pay for Obamacare.
Who does the ACA benefit?
Under ACA, premium subsidies were made available to those who made between 100 percent and 400 percent of the federal poverty level and buy insurance through an exchange.
What does the ACA cover?
A set of 10 categories of services health insurance plans must cover under the Affordable Care Act. These include doctors’ services, inpatient and outpatient hospital care, prescription drug coverage, pregnancy and childbirth, mental health services, and more. Some plans cover more services.
Has the ACA made healthcare more affordable?
The ACA made insurance much more affordable for consumers with predictably high expenses but much less affordable for healthy consumers with incomes too high to qualify for financial assistance.
How has ACA impacted hospitals?
With more individuals insured through provisions in the ACA, hospitals incurred less uncompensated care costs and earned more Medicaid reimbursement for patients who would have otherwise been unable to pay for care.
Is the Affordable Care Act a health policy?
The Affordable Care Act is a watershed in U.S. public health policy. The law will result in health insurance coverage for about 94% of the American population, reducing the uninsured by 31 million people, and increasing Medicaid enrollment by 15 million beneficiaries.
Why is the ACA unconstitutional?
United States Department of Health and Human Services declared the law unconstitutional in an action brought by 26 states, on the grounds that the individual mandate to purchase insurance exceeds the authority of Congress to regulate interstate commerce.