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Policy Topic Search and Selection

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Policy Topic Search and Selection
HCS/455 Health Care Policy: The Past And The Future
December 6, 2010
Stephen T. Gregoire

Policy Topic Search and Selection The Patient Protection and Affordable Care Act (PPACA) was signed into law on March 23rd, 2010. This law enacts several measures that change the heart of the health care system here in the U.S. This new law encompasses different aspects of the health care industry and will take effect over the next four years. Some provisions of this act are as follows:
It makes insurance more affordable by providing the largest middle class tax cut for health care in history

It sets up a new competitive health insurance market giving tens of millions of Americans the exact same insurance choices that members of Congress will have.

Reducing premium costs for tens of millions of families and small business owners who are priced out of coverage today.

It will end discrimination against Americans with pre-existing conditions.

It puts our budget and economy on a more stable path by reducing the deficit by $100 billion over the next ten years – and about $1 trillion over the second decade

Closing the Medicare prescription drug “donut hole” coverage gap

Strengthening the provisions to fight fraud, waste, and abuse in Medicare and Medicaid

Coverage to children under 26 on their parents’ policies

Individuals would be required to purchase coverage or face a fine

Companies with more than 50 employees would be required to pay a fee of $2,000 per worker if the company does not provide coverage and any of that company's workers receives federal health care subsidies

Illegal immigrants would not be allowed to buy health insurance in the health insurance exchanges (Office of the President, n.d.)

With the signing of this milestone marks a major overhaul for health care and adds legislation...

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