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Ip 5 Human Resource in Healthcare

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Submitted By lizbelitza
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Pages 5
Individual Project 5 Liz Palomo AIU Online HLTH330

Abstract This paper will explain how the new Affordable Care Act came to existence in March 2010. In addition, key features of the law will be described and how these new changes affect employees and employers.

Introduction The Affordable Care Act (ACA) as signed on March 23, 2010 by President Barack Obama with the purpose to provide complete health insurance that will; hold insurance companies’ accountable, decrease the cost of healthcare, guarantee more choices, coverage expansion, and enhance the quality of care for all Americans (ACA History, 2016). The affordable care Act is comprised of two separate pieces of legislation; Patient Protection and Affordable Care Act, the Health Care and Education Reconciliation Act of 2010 (ACA History, 2016). How ACA Came to Existence For the last 75 years democratic Presidents had attempted to create a nationwide insurance system but they were all unsuccessful. In 2009 was the first year of Obama’s presidency and the house of Democrats introduced a plan of 1,000-page plan with the intention to overhaul the healthcare system on July 14th causing a raged debate on the topic (ACA History, 2016). The senate prohibited individuals that were unlawfully present in the U.S. to benefit from the health reform. Although all republicans voted against it, the senate bill was amended and approved by the House on March 21, 2010 with 219-212 vote (ACA History, 2016). Despite the promise of the GOP candidate to undo ACA, Obama’s reappointment on November 2012 allowed the ACA to turn into a reality. Features of the Law by Year 2010 -Small business were granted rebate for providing coverage to employees and seniors with pre-existing conditions and for coverage for seniors that fell in the “donut

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