Topic 5 Q2 – Affordable Care Act Requirements

Topic 5 Q2 – Affordable Care Act Requirements

The Affordable Care Act (ACA) identifies requirements related to provider compliance with fraud, waste, and abuse laws that have been enacted to protect consumers. Research three of these requirements and describe the corresponding measures that your health care organization has initiated, or could initiate, to comply with the ACA. Support your analysis with a minimum of two peer-reviewed articles.

Affordable Care Act (ACA) Requirements

The Affordable Care Act (ACA) is a sweeping healthcare reform law that requires all Americans to have health insurance or pay a fine starting in 2014. Here are some of the ACA requirements that small businesses need to be aware of:

1. Employers with 50 or more employees must offer health insurance to their full-time employees and their dependents, beginning in 2014. Self-employed individuals must also provide coverage for themselves and their dependents.

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Topic 5 Q2 - Affordable Care Act Requirements
Topic 5 Q2 – Affordable Care Act Requirements

2. employers must provide information about health insurance options to their employees, including through a company website or other means.

3. If an employer does not offer health insurance, the employee must be offered a policy through an exchange established by the ACA. The exchange will provide a variety of plans, each with different premiums, benefits, and deductibles. Employees who do not want to purchase coverage through the exchange can instead purchase coverage directly from an insurer.

4. Starting in 2018, employers with 50 or more full-time employees will be required to contribute toward employee health insurance premiums using either the employee’s salary or an estimate of their salary based on factors such as age and experience.

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Related FAQs

1. What are the features of the Affordable Care Act ACA?

Key Federal Provisions
Provisions included in the ACA are intended to expand access to insurance, increase consumer protections, emphasize prevention and wellness, improve quality and system performance, expand the health workforce, and curb rising health care costs.

2. What means ACA?

the Affordable Care Act

The “Affordable Care Act” (ACA) is the name for the comprehensive health care reform law and its amendments. The law addresses health insurance coverage, health care costs, and preventive care.

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3. Who is not eligible for the Affordable Care Act?

You aren’t eligible for government subsidies to help cover health insurance premiums if you earn more than 400 percent of the federal poverty level. You aren’t eligible for government subsidies to help cover health insurance premiums if you earn more than 400 percent of the federal poverty level.

4. What are 3 provisions of the Affordable Care Act?

On September 23, 2010, a number of ACA provisions took effect, including the elimination of lifetime limits on coverage, restrictions on annual limits on coverage, prohibition on rescinding coverage except in cases of fraud, and the elimination of pre-existing condition exclusions for children.

5. What is the difference between ACA and Obamacare?

Yes, Obamacare and the Affordable Care Act (ACA) are the same thing. The health care reform law was nicknamed after President Barack Obama, who formally signed the ACA in March 2010. “Obamacare” and the “Affordable Care Act” are synonymous terms that can be used interchangeably.

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