Question: What Are The 10 Essential Benefits Of The Affordable Care Act?

What are the most important elements of the Affordable Care Act?

Key provisions of the ACA that intend to address rising health costs include providing more oversight of health insurance premiums and practices; emphasizing prevention, primary care and effective treatments; reducing health care fraud and abuse; reducing uncompensated care to prevent a shift onto insurance premium ….

Has the Affordable Care Act been successful?

The Affordable Care Act (ACA) has been successful in bringing affordable health care to millions of Americans. The ACA has expanded health insurance to more than 20 million people, and consumers receive more coverage for their dollar.

What is the best health insurance?

Best Health Insurance CompaniesAetna: Best for Medicare Advantage.Blue Cross/Blue Shield: Best for Nationwide Coverage.Cigna Health Insurance: Best for Global Coverage.Humana: Best for 360 Degree (Wrap-around) Coverage.Kaiser Foundation Health Plans: Best for HMOs.United Healthcare Services Inc.: Best for the Tech Forward.More items…

What are the 10 essential benefits of the ACA?

These essential health benefits fall into 10 categories:Ambulatory patient services (outpatient services)Emergency services.Hospitalization.Maternity and newborn care.Mental health and substance use disorder services, including behavioral health treatment.Prescription drugs.More items…•

What does the Affordable Care Act include?

The Affordable Care Act was designed to reduce the cost of health insurance coverage for people who qualify. The law includes premium tax credits and cost-sharing reductions to help lower costs for lower-income individuals and families. Premium tax credits lower your health insurance bill each month.

What is the impact of the Affordable Care Act?

The ACA has reduced the number of uninsured people to historically low levels and helped more people access health care services, especially low-income people and people of color.

Who benefits the most from the Affordable Care Act?

Who does the Affordable Care Act help the most? Two categories of individuals will benefit the most from the exchanges: those who don’t have health insurance right now and those who buy insurance on the individual market.

What is minimum essential coverage under the Affordable Care Act?

How Does Minimum Essential Coverage Work? In order to be considered minimum essential coverage, all health plans, regardless of price, insurance company, or metal tier, cover ten essential health benefits (we’ll get into those later). How much of these benefits they cover depends on your plan’s actuarial value.

Is ObamaCare still in effect?

US health law For now, Obamacare is still standing. Around 4.1 million Americans have signed up for new plans so far this year, according to government reports, down 12% from last year.