The Affordable Care Act's objectives and healthcare cost reduction
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The Affordable Care Act of (ACA) was an all-encompassing health care improvement law. ACA was validated and endorsed as a U.S law in March 2010. ACA was a project under president Obama’s governance. In fact, ACA is also known as the Obamacare or Patient Protection and Affordable Care Act (PPACA). When ACA was introduced, it had three main objectives (Aaron, 2012). To start with, ACA was supposed to make health insurance affordable to more U.S citizens and reduce their subsidiaries in order to reduce their general domestic costs with incomes varying between the U.S national standard poverty level of 100% and 400% (Rosenbaum, 2011).
Secondly, ACA was purposed to increase the medical aid program and enable it to insure all U.S adult citizens with a gross income 138% lower than the country’s national standard poverty level (Aaron, 2012). Lastly, ACA was meant to support the forthcoming innovative medical care delivery strategies intended to reduce the overall health care costs. Even though the law was not perfect, it made tremendous changes to the entire U.S health care centers. ACA added a massive twenty million insured U.S citizens to a suitable medical healthcare system (Rosenbaum, 2011).
Therefore, the intention of ACA was to ensure most if not all Americans had access to proper and affordable medical care. However, the act mostly targeted the poor Americans who had no access to any form of proper medical care. In fact, after the implementation of ACA, the Americans who formerly could not access and afford rightful healthcare now had alternatives from which they could acquire proper medical care (Aaron, 2012). Sequentially, the Americans formerly unable to afford healthcare got enrolled in assured state exchange programs in order to also include them to the schedules. Ultimately, Medicaid was extended to reach most Americans at a reduced affordable cost (Rosenbaum, 2011).
Conclusion
The Affordable Care Act of (ACA) was an all-encompassing health care improvement law, validated and endorsed in March 2010 as U.S law. The law was president Obamas project and thus is also known as the Obamacare. ACA was endorsed with the purpose of ensuring most Americans had access to proper and affordable medical care services through insurance.
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