Introduction
Affordable Care Act, a Promising Road to Affordability of Care for the Elderly
The concept of universal care has been in the history of USA for a few decades, since the times of President Theodore Roosevelt, who was the first president to propose this type of health care system then in 1960's a similar concept with the idea of health protection for the two most vulnerable sectors of the population as the poor and the elderly would be covered under the establishment of Medicare and Medicaid, but after fifty years those two programs require to evolve as result of changes in the society, and finally on May 1, 2010, the Affordable Care Act was approved in the middle of a big controversy during the Presidency of Barack Obama. Once …show more content…
ACA was designed to help people who were previously either underinsured or uninsured. The way to help was firstable giving state funding to expand medicare to cover more people. Second people who was making more money to be covered by medicare market place where the place to go so they can be able to shop a plan that fits people needs, plus they will get a tax credit to help them buying. In this way people that already have covered could see their health plan improved, and also those who never had a health care plan for the first time were covered. (Obama, 2016). The idea of ACA is that the younger population get enrolled, so they can support the elderly population that we already know Is going to be using the services more frequently, so this sector can be covered, therefore the use of emergency rooms for conditions that could be prevented will be diminished, saving millions of dollars that can be used towards more preventive …show more content…
These visits include a comprehensive risk assessment and a “personalized prevention plan.” These services will consider a person’s medical and family history, various biometrics such as body mass index and blood pressure, cognitive impairments, and a five-to-ten year schedule of screening tests. (Kaplan, 2011). It Is not out of question that such changes will have a big impact in the preventive care of patients regarding to monitor their well being. Furthermore, the implementation of a system that will close the famous and painful for the most vulnerable "donut hole." Which consisted in paying the 100% of a prescription until the person reaches the established deductible amount, after reaching that deductible the person will pay 25% of the cost of the drugs, then Part D plan pays the rest. ACA accomplishes that. The new law reduces the donut hole by decreasing an enrollee’s cost responsibility in this coverage gap from 100 percent to 25 percent over the next ten years. The precise schedule of decreased out-of-pocket costs depends upon whether the prescription medications are generic or brand name. (Kaplan, 2011). Something that is important to remember the donut hole is projected to be closed in a ten year period, so we will have to
Affordable Care Act, a Promising Road to Affordability of Care for the Elderly
The concept of universal care has been in the history of USA for a few decades, since the times of President Theodore Roosevelt, who was the first president to propose this type of health care system then in 1960's a similar concept with the idea of health protection for the two most vulnerable sectors of the population as the poor and the elderly would be covered under the establishment of Medicare and Medicaid, but after fifty years those two programs require to evolve as result of changes in the society, and finally on May 1, 2010, the Affordable Care Act was approved in the middle of a big controversy during the Presidency of Barack Obama. Once …show more content…
ACA was designed to help people who were previously either underinsured or uninsured. The way to help was firstable giving state funding to expand medicare to cover more people. Second people who was making more money to be covered by medicare market place where the place to go so they can be able to shop a plan that fits people needs, plus they will get a tax credit to help them buying. In this way people that already have covered could see their health plan improved, and also those who never had a health care plan for the first time were covered. (Obama, 2016). The idea of ACA is that the younger population get enrolled, so they can support the elderly population that we already know Is going to be using the services more frequently, so this sector can be covered, therefore the use of emergency rooms for conditions that could be prevented will be diminished, saving millions of dollars that can be used towards more preventive …show more content…
These visits include a comprehensive risk assessment and a “personalized prevention plan.” These services will consider a person’s medical and family history, various biometrics such as body mass index and blood pressure, cognitive impairments, and a five-to-ten year schedule of screening tests. (Kaplan, 2011). It Is not out of question that such changes will have a big impact in the preventive care of patients regarding to monitor their well being. Furthermore, the implementation of a system that will close the famous and painful for the most vulnerable "donut hole." Which consisted in paying the 100% of a prescription until the person reaches the established deductible amount, after reaching that deductible the person will pay 25% of the cost of the drugs, then Part D plan pays the rest. ACA accomplishes that. The new law reduces the donut hole by decreasing an enrollee’s cost responsibility in this coverage gap from 100 percent to 25 percent over the next ten years. The precise schedule of decreased out-of-pocket costs depends upon whether the prescription medications are generic or brand name. (Kaplan, 2011). Something that is important to remember the donut hole is projected to be closed in a ten year period, so we will have to