The major provisions of the affordable care act. Introduction: Patient protection and affordable care act refers to the act regarding health reform which was formulated in 2010 with the objective off covering all people with no medical or health insurance who are having income up to 133% of federal poverty level. It is there to reform the private insurance market especially for individuals and small groups.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 9, Problem 1PA

Summary Introduction

To explain:

The major provisions of the affordable care act.

Introduction:

Patient protection and affordable care act refers to the act regarding health reform which was formulated in 2010 with the objective off covering all people with no medical or health insurance who are having income up to 133% of federal poverty level. It is there to reform the private insurance market especially for individuals and small groups.

Expert Solution & Answer

Explanation of Solution

The major provisions of the act are,

Wide coverage
Increased quality of health care
None discrimination
Low cost of health insurance

The act includes the wide coverage of people (almost 35 million) to provide health insurance benefits.
The act is made to increase the quality of health care so that the people covered under the act can get the most benefit from the health insurance.
The act is made for all people in the United States and there is no discrimination in the insurance facilities provided to them.
As the act is made especially for all individuals and small groups purchasers who do not have any health insurance and who have salary up to 133% of federal poverty level, the cost of health insurance in the act has been provided as low as it could be possible.

Conclusion

Thus, the four major provisions of the act are wide coverage, increased quality of health care, no discrimination and low cost of the insurance.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

Question: A company has issued a bond with a face value of $1,000, a coupon rate of 5%, and a maturity of 10 years. If the bond is currently trading at $950, what is the bondholder's yield to maturity (YTM), and how does it differ from the coupon rate? need help!!

A company has issued a bond with a face value of $1,000, a coupon rate of 5%, and a maturity of 10 years. If the bond is currently trading at $950, what is the bondholder's yield to maturity (YTM), and how does it differ from the coupon rate?

What is the time value of money, and why is it important in financial decision-making? Need help!

Answer 2

Question

Chapter 9, Problem 1PA

Summary Introduction

To explain:

The major provisions of the affordable care act.

Introduction:

Patient protection and affordable care act refers to the act regarding health reform which was formulated in 2010 with the objective off covering all people with no medical or health insurance who are having income up to 133% of federal poverty level. It is there to reform the private insurance market especially for individuals and small groups.

Expert Solution & Answer

Explanation of Solution

The major provisions of the act are,

Wide coverage
Increased quality of health care
None discrimination
Low cost of health insurance

The act includes the wide coverage of people (almost 35 million) to provide health insurance benefits.
The act is made to increase the quality of health care so that the people covered under the act can get the most benefit from the health insurance.
The act is made for all people in the United States and there is no discrimination in the insurance facilities provided to them.
As the act is made especially for all individuals and small groups purchasers who do not have any health insurance and who have salary up to 133% of federal poverty level, the cost of health insurance in the act has been provided as low as it could be possible.

Conclusion

Thus, the four major provisions of the act are wide coverage, increased quality of health care, no discrimination and low cost of the insurance.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 9, Problem 1PA

Summary Introduction

To explain:

The major provisions of the affordable care act.

Introduction:

Patient protection and affordable care act refers to the act regarding health reform which was formulated in 2010 with the objective off covering all people with no medical or health insurance who are having income up to 133% of federal poverty level. It is there to reform the private insurance market especially for individuals and small groups.

Expert Solution & Answer

Explanation of Solution

The major provisions of the act are,

Wide coverage
Increased quality of health care
None discrimination
Low cost of health insurance

The act includes the wide coverage of people (almost 35 million) to provide health insurance benefits.
The act is made to increase the quality of health care so that the people covered under the act can get the most benefit from the health insurance.
The act is made for all people in the United States and there is no discrimination in the insurance facilities provided to them.
As the act is made especially for all individuals and small groups purchasers who do not have any health insurance and who have salary up to 133% of federal poverty level, the cost of health insurance in the act has been provided as low as it could be possible.

Conclusion

Thus, the four major provisions of the act are wide coverage, increased quality of health care, no discrimination and low cost of the insurance.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 9, Problem 1PA

Summary Introduction

To explain:

The major provisions of the affordable care act.

Introduction:

Patient protection and affordable care act refers to the act regarding health reform which was formulated in 2010 with the objective off covering all people with no medical or health insurance who are having income up to 133% of federal poverty level. It is there to reform the private insurance market especially for individuals and small groups.

Expert Solution & Answer

Explanation of Solution

The major provisions of the act are,

Wide coverage
Increased quality of health care
None discrimination
Low cost of health insurance

The act includes the wide coverage of people (almost 35 million) to provide health insurance benefits.
The act is made to increase the quality of health care so that the people covered under the act can get the most benefit from the health insurance.
The act is made for all people in the United States and there is no discrimination in the insurance facilities provided to them.
As the act is made especially for all individuals and small groups purchasers who do not have any health insurance and who have salary up to 133% of federal poverty level, the cost of health insurance in the act has been provided as low as it could be possible.

Conclusion

Thus, the four major provisions of the act are wide coverage, increased quality of health care, no discrimination and low cost of the insurance.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 9, Problem 1PA

Summary Introduction

To explain:

The major provisions of the affordable care act.

Introduction:

Patient protection and affordable care act refers to the act regarding health reform which was formulated in 2010 with the objective off covering all people with no medical or health insurance who are having income up to 133% of federal poverty level. It is there to reform the private insurance market especially for individuals and small groups.

Expert Solution & Answer

Explanation of Solution

The major provisions of the act are,

Wide coverage
Increased quality of health care
None discrimination
Low cost of health insurance

The act includes the wide coverage of people (almost 35 million) to provide health insurance benefits.
The act is made to increase the quality of health care so that the people covered under the act can get the most benefit from the health insurance.
The act is made for all people in the United States and there is no discrimination in the insurance facilities provided to them.
As the act is made especially for all individuals and small groups purchasers who do not have any health insurance and who have salary up to 133% of federal poverty level, the cost of health insurance in the act has been provided as low as it could be possible.

Conclusion

Thus, the four major provisions of the act are wide coverage, increased quality of health care, no discrimination and low cost of the insurance.

Answer 6

Chapter 9, Problem 1PA

Summary Introduction

To explain:

The major provisions of the affordable care act.

Introduction:

Patient protection and affordable care act refers to the act regarding health reform which was formulated in 2010 with the objective off covering all people with no medical or health insurance who are having income up to 133% of federal poverty level. It is there to reform the private insurance market especially for individuals and small groups.

Expert Solution & Answer

Explanation of Solution

The major provisions of the act are,

Wide coverage
Increased quality of health care
None discrimination
Low cost of health insurance

The act includes the wide coverage of people (almost 35 million) to provide health insurance benefits.
The act is made to increase the quality of health care so that the people covered under the act can get the most benefit from the health insurance.
The act is made for all people in the United States and there is no discrimination in the insurance facilities provided to them.
As the act is made especially for all individuals and small groups purchasers who do not have any health insurance and who have salary up to 133% of federal poverty level, the cost of health insurance in the act has been provided as low as it could be possible.

Conclusion

Thus, the four major provisions of the act are wide coverage, increased quality of health care, no discrimination and low cost of the insurance.

Answer 7

Chapter 9, Problem 1PA

Summary Introduction

To explain:

The major provisions of the affordable care act.

Introduction:

Patient protection and affordable care act refers to the act regarding health reform which was formulated in 2010 with the objective off covering all people with no medical or health insurance who are having income up to 133% of federal poverty level. It is there to reform the private insurance market especially for individuals and small groups.

Answer 8

Expert Solution & Answer

Explanation of Solution

The major provisions of the act are,

Wide coverage
Increased quality of health care
None discrimination
Low cost of health insurance

The act includes the wide coverage of people (almost 35 million) to provide health insurance benefits.
The act is made to increase the quality of health care so that the people covered under the act can get the most benefit from the health insurance.
The act is made for all people in the United States and there is no discrimination in the insurance facilities provided to them.
As the act is made especially for all individuals and small groups purchasers who do not have any health insurance and who have salary up to 133% of federal poverty level, the cost of health insurance in the act has been provided as low as it could be possible.