What was one of the goals of the Affordable Care Act ACA ?

1 answer:

4 0

Make more people eligible for affordable health insurance. Consumers who live in families with incomes between 100% and 400% of the federal poverty level are given subsidies under the statute that reduce their expenditures in Act ACA.

The three main goals of the Patient Protection and Affordable Care Act (ACA) are to: (1) reform the private insurance market, particularly for individuals and small-group buyers; (2) expand Medicaid to the working poor with incomes up to 133% of the federal poverty level; and (3) alter the way that medical decisions are made. All three goals are founded on the premise that rational decision-making will be influenced by incentives but unrestricted by other factors and will primarily depend on individual decisions as opposed to government regulation. The implicit presumption is that people and organizations will behave in accordance with these reforms to create a valuable good at a reasonable cost paid by equitable risk sharing. Affordable healthcare will be the outcome.

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