Affordable Care (ACA) Act has been implemented in order to increase access to medical care, particularly for those Americans that were uninsured. The Affordable Care act (ACA) came with costs for both the individual and government.
As a result, certain people saw their premiums increase. It was especially true of younger, healthier people who had to pay higher premiums in order for the ACA to cover those with preexisting conditions. On the contrary, individuals that were uninsured, or had inadequate health coverage, were able, through the ACA to get affordable insurance, improving their access to healthcare.
The cost to implement the ACA from a government perspective was significant. According to the Congressional Budget Office, the ACA will increase federal expenditures by $1.2 trillion in the first decade after implementation. The ACA also included mechanisms to raise revenue, including taxes on individuals with high incomes and penalties against those without health insurance.
In general, the ACA has had a complex impact on the access of different groups to health care. The ACA increased Medicaid coverage for low-income people, which led to an increase in their health care access. On the other hand, the ACA’s insurance mandates and penalties disproportionately affected younger and healthier individuals, who saw their premiums increase. In addition, despite its best efforts, the ACA failed to address disparities that exist in access to health care based on race, income and ethnicity.
The ACA was designed to increase access to health insurance for Americans. However, its implementation came with costs, and the impact of its changes on care access for various demographic groups has been complex. The ACA has been a major piece of legislation, which expanded health care access for millions.