How might the new federal Patient Protection and Affordable Care Act of 2010 affect the revenue of the health care industry? Consider insurance companies, employers who provide health benefits, and other similar participants in health care
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These are some of the parties whose revenue has been affected by The Affordable Health Act.
A. Employers are paying an increase in the health insurance premiums (Pear, 2011). This increase may be due to mandates included in the Act such as: providing additional benefits such as expanding health coverage for child dependents up to age 26; limiting enrollee's share of health care cost; providing coverage to individuals (including children) with chronic health conditions; prohibiting setting annual or lifetime limits on coverage; covering hospitalization, out of network emergency care, and total cost of preventive care; and offering prescription ...
The discussion involves a description on how the new federal Patient Protection and Affordable Care Act of 2010 affects the parties involved in the health care industry. Specifically, it discusses its effect on the employers who provide health benefits, the company that provides health care, the uniunsured, and the person with a chronic ailment. References are included.