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Health Insurance Analysis Report - Essay Example
Finance & Accounting
Pages 6 (1506 words)
Impacts of Affordable Care Act on Health Facilities Student`s Name Institution`s Name Introduction The Health and Education Reconciliation Act enactment by the USA congress facilitated amendment of Affordable Care Act (ACA), also known as Patient Protection and Affordable Care Act (PPACA) or Obamacare…
Therefore, ACA ensures quality health service is affordable to people regardless of their social class. The Act requires more individuals to get a health insurance coverage that will enable them access health facilities anytime without finance problems. As the ACA health reform seeks to achieve all this it will inject many changes in the health sector. This paper, therefore, addresses the impacts ACA has brought to the Health Sector. Patient to Physician Ratio After launching the new health reform on January 1, 2014, the entire healthcare system will shake from the huge number of individuals who will insure. Congressional Budget Office estimated that 14 million uninsured young people would join the group on January 1, 2014. By the year 2021, 16 million more will enter the brackets. When the newly insured people join the health system, the doctor workload will hike as the number of doctor visits will go up. Limited funding restricts people from visiting hospitals (America’s Health Insurance Plans, 2007). Besides, the health reforms anticipated will increase claim cost and cause delays in return to work. ...
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