Central Piedmont Community College Patient Protection and Affordable Care Act Essay

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Attached.Running head: HEALTHCARE1Healthcare ReformsName of StudentInstitution AffiliationCourseDateHEALTHCARE2AbstractThe Patient Protection and Affordable Care Act of 2010 is also referred to as the Affordable CareAct. The legislature was signed in by President Barrack Obama on 23rd May 2010. The Actrepresents measures meant to enhance the coverage of healthcare systems and facilitate theprovision of high-quality healthcare services. The law also encompasses several reforms on thehealth delivery system in order to reduce the overall spending for health care services. Also, itprovides several employer-based premiums that affect the health insurance and reimbursementsystem. This paper explains the main provisions of the ACA and how it affects healthcarefinances. It also describes the features of the ACA that influence healthcare reimbursement andinsurance.Keywords: The Patient Protection and Affordable Care Act, healthcare finance,healthcare insurance, and reimbursement.HEALTHCARE3Healthcare ReformsThe Patient Protection and Affordable Care Act of 2010 (ACA) is a law that wasestablished to transform the healthcare sector in the USA. An individual is entitled to affordablehealth care by choosing a plan on how they can get coverage. According to Gapenski et al.(2009), the law was enacted to ensure that health insurance companies uphold the utmost qualityin health care provision, increase the population of people with access to healthcare services, andincrease the quality of care. Described below are the aims of the ACA.The primary goal of the ACA is to increase the accessibility of healthcare services. Thelegislature combines efforts from the government, individuals, and employers to enhancehealthcare coverage. However, individuals have to be legal citizens of the US to access theseservices. Also, the legislature reduces government expenditure on healthcare. With the ACAestablished, the expenditure was expected to reduce by lowering the rate of spending on federalhealthcare. The most suitable way of cutting costs on national healthcare was found to bedecreasing the frequency of visits to hospitals.The ACA provides free preventive healthcare. Preventive healthcare would reduce therate of spending on Medicaid since it has been found cheaper to pay for preventive care than totreat already infected people. Also, treating diseases at their early stages is more affordable thantreatment when the illness has reached critical late stages. Therefore, preventive care will helpreduce the rate of spending on Medicaid.The ACA encourages healthcare providers to establish accountable healthcareorganizations (ACOs) in order to lower the costs and increase the quality of health careprovision. ACOs are a group of connected hospitals, clinics, physicians, and clinicians whoHEALTHCARE4collectively undertake the responsibility of providing adequate healthcare to the public. Theorganizations receive incentives from the government. However, doctors and hospitals have tomeet particular specifications that enable them to address prevention and management measuresfor chronic diseases.The ACA also establishes medical homes to …

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