TheAffordable Care Act (ACA)
TheAffordable Care Act (ACA)
Thehealthcare system in the United States has over time been a subjectof discussion with different concerned bodies and the governmentlooking forward to establish an ideal system for the Americans. Theincreased demand for affordable and quality healthcare services andhealth insurance by the Americans led to the signing into law bypresident Obama of the famous ObamaCare. ObamaCare is the colloquialreference to the Affordable Care Act (ACA), and patient protectionact. The patient protection and the Affordable care act were devisedas part of the United States health reform (Navigating the AffordableCare Act, 2015). The act and the subsequent changes focus on theprovision to expand coverage as well as control health care costs aswell as improve the country’s healthcare delivery system.
TheACA and its effect on population
Sincethe enactment of the Affordable Care Act in 2010, the law has haddifferent effects to the American population as well as the country’shealthcare system not to mention the employed population, theiremployer as well as the unemployed. One key point to note is that theAct became one of the most fundamental legislative in the country’shealthcare system. One of the major effects on the Americanpopulation is that the Affordable Care Act extended the health careservices to millions of uninsured Americans (more Americans will gainaccess to healthcare insurance). Due to the increased demand of thehealthcare services, there was an increased demand for healthcareworkforce to meet the increased demand for the services, hence thedemand for more caregivers (Tacchino, 2014). With the ACA, thegovernment established the Medicaid and Medicare programs which allextended covers to more of the American population children, men, andwomen who are regarded to be below the country’s poverty line.
Economiceffects of ACA on the organization
Notonly has the ACA affected the country’s economy, but it alsoaffects the organization economic performance. According to the Act,an organization equal or more than 50 full-time employees, theorganization is demanded to provide health coverage for theemployees. In the case of an organization with less than 25 workers,they can get a tax credit on up to half their employee’s insurancecosts. Finally, with the control of the number of hours employeeswere to work, the organizations have ended up using more due to thereduction of workers working hours (Mucenski-Keck & Smoker,2015). In terms of benefit to the employees is that, employeesregarded as under low-income households will benefit substantialgains financially, but this is contrary to families earning more asthey will be required to pay more.
Cost,quality, and Access to treatment
Inthe past couple of decades, the American has greatly struggled toimpose a healthcare system that is patient oriented. With theimplementation of the Affordable care act, there was a massive changein the health care sector. Quality care, i.e. preventive screening aswell as check-up which were meant to keep people healthy looked moreof a luxury before the coming of the act. The ObamaCare changed thehealthcare from the amount delivered to effective delivery of care,hence improving the healthcare quality. In terms of cost, the primaryobjective of the law is that it was implemented to improveaccessibility and affordability of quality healthcare services by theAmericans (Borland & Speidel, 2015). Despite the cost of healthcare being seen as still high, the cost to access it has been reducedfor the Americans. However, the employers have to incur more cost topay for their employee insurances. Finally, the ACA implementationhas improved the treatment of the Americans in terms of quality aswell as additional services such as a check-up for cancer, diabetesand other chronic ailments hence improving the treatment proceduresto the patients.
Finally,in terms of ethical implications of the Act, the implementation ofthe health care act (ACA) requires for keeping of electronic recordswhich in turn could result into a significant ethical challenge forconfidentiality and challenge. This has, in turn, led to the debateas to how safe is the patients information (Tacchino, 2014). Thetransformation of the healthcare system in the US has been gradual,however much has been anticipated to be of great benefit to theAmericans as the country looks to have a definite healthcare system.
Borland,T., & Speidel, C. (2015). Understanding the Affordable Care Actand Its Impacts on Low-Income Taxpayers. Journalof Tax Practice & Procedure, 17(3),51-57.
Mucenski-Keck,L., & Smoker, K. A. (2015). Patient Protection and AffordableCare Act. CPAJournal, 85(4),62-67.
Navigatingthe Affordable Care Act. (2015). Journalof Financial Planning, 28(5),28-35.
Tacchino,A. (2014). The New Employee Landscape Post Affordable Care Act: WhatAdvisors Need to Know. Journalof Financial Service Professionals, 68(2),30-33.