Affordable Care Act Essay Example | Topics and Well Written Essays - 750 words

Affordable Care Act - Essay ExampleThis memo will investigate the impact of ACA on Employer-Sponsored Insurance (ESI) and will specifically see to it various aspects of the Act that shadower discourage large employers to offer healthcare insurance coverage to their employees. This can ultimately result in reduced access and lineament of the healthcare services and increased costs. ACA is a law of primary importance for the people of United States because it aims to address many long standing issues with our health indemnity policies including the coverage of children on parental policy, cessation of donut hole for seniors, elimination of lifetime dollar limit on coverage, free preventive care and many other provisions with an aim to cover every segment of the society to maximum possible limit of coverage, even the uninsured people with a plan to extend access to insurance and more funds to states to help them in extending Medicare facilities to low-income seniors. In essence, t he program is a tremendous effort to fill the gaps of insurance coverage while safeguarding the rights of stakeholders. Still, there are areas which required attention of the legislators to device some amendments in the program in order to ensure and extend its impact on access, cost and quality of health care services. The employer sponsored insurance coverage is the hottest among the controversial issues associated with provisions of ACA that are supposed to be in effect by 2014. thither are two major aspects of the ACA provisions, firstly the impact of Tax Credits to small businesses and its impact on coverage offers by the employer to low and medium salaried employees and secondly the impact on large employers after 2014 when the law will be in effect with all its provisions. The employer-sponsored insurance (ESI) is of immense importance to the American people because larger employers plays an important role in overall health insurance coverage and if these rigids decided to drop the coverage its impact will surely deplore the positivity of the ACA. However, there is a clear divide among the experts and analyst over the estimates of large firms response in 2014. Some forecast a outstanding drop in ESI and other estimate it to be stable. While the overall ESI market is likely to remain fairly stable, modelers and other experts agree that some firm types and covered subgroups are likely to experience changes in coverage soon after 2014. (Avalere, 2011). Although most of the surveys and analysis project a stable ESI market in post-2014 scenario, there are experts, firms and analyst who oppose with some valuable reasoning and proclaim that ACA provisions can cause a major shift in employers policy of health insurance offerings. Overall, 30 percent of employers will definitely or probably stop offering ESI in the years after 2014. (Singhal, Jeris, & Drew, 2011). This is for certain an alarming statement because of heavy reliance of nonelderly Americans o n employer-sponsored health services and no real solution of increased healthcare access and quality can prove beneficial unless it addresses this sector correctly and U.S. Department of Healthcare and Human Services is aware of the fact, The U.S. employer-based health insurance market provides insurance coverage to most two-thirds of the population under 65. In addition, nearly 80 percent of the uninsured live in a family where at least one adult is employed. Therefore, make on these programs might be an attractive component of any