The ACA grants individuals the ability to manage their own healthcare.
The Affordable Care Act (ACA), also known as Obamacare, is a major health reform in the United States. Enacted in 2010, it includes provisions to improve healthcare for Americans by offering stability and flexibility for informed decision-making about healthcare maintenance (Perrotti, 2016). The ACA aims to reduce healthcare costs and enhance system efficiency by eliminating practices that deny coverage based on pre-existing conditions. In Florida, after five years of implementation, the ACA has successfully promoted fairness in healthcare and eliminated disparities in wellness services for individuals with physical disabilities who often face significant barriers to receiving proper care. Additionally, the ACA in Florida promotes value for premium payments through the 80/20 dollar rule which requires insurance companies to allocate 80 cents of each premium dollar towards healthcare instead of administrative expenses like salaries and marketing
.... Consequently, any unused funds are refunded to policyholders (Simon, 2016).
The Affordable Care Act (ACA) in Florida has comprehensively reviewed any unjustified premium increases mandated by federal law for insurance companies. These companies are required to provide valid justifications for rate hikes. Furthermore, the ACA has abolished restrictions on healthcare benefits by prohibiting insurance companies from imposing lifetime dollar limits on medical coverage for patients with cancer and chronic diseases. Medicaid is available to disabled individuals in Florida who receive Social Security Income, incentivizing them to maintain their SSI as it guarantees their medical coverage (Super, 2014).
Conclusion
The ACA in Florida effectively accomplishes its objectives of ensuring accessibility, affordability, and higher quality healthcare for all Americans.
The organization's dedication to supporting individuals with disabilities and those in poverty, ensuring their access to healthcare
and subsidizing their health maintenance programs is clearly demonstrated (Perrotti, 2016; Simon et al., 2016; Super).
References
- Perrotti, T. (2016). Despite reporting requirements, employers confident in ACA compliance: although more employers say they can meet Affordable Care Act (ACA) reporting requirements, many are relying on outside expertise because of increased regulatory complexity. Benefits Magazine, (5), 38.
- Simon, K., Soni, A., ; Cawley, J. (2016). the impact of health insurance on preventive care andhealth behaviors: evidence from the 2014 aca medicaid expansions. nber Working Papers, 1.
- Super, D.
The text below, which includes and their contents, can beand unified as follows:
(2014). The modernization of American public law: health care reform and popular constitutionalism. Stanford Law Review, (4), 873.
