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Video of HR Basics: Affordable Care Act in Human Resources Managemnt (HR) course by GreggU channel, video No. 70 free certified online
The federal Patient Protection and Affordable Care Act (P.L. 111-148), signed March 23, 2010, as amended by the Health Care and Education Reconciliation Act, signed March 31, 2010, is also referred to as the Affordable Care Act (ACA), or simply as federal health reform. Provisions included in the ACA are intended to expand access to insurance, increase consumer protections, emphasize prevention and wellness, improve quality and system performance, expand the health workforce, and curb rising health care costs.
The ACA aims to extend health insurance coverage to about 32 million uninsured Americans by expanding both private and public insurance. Provisions of the ACA that intend to address rising health costs include providing more oversight of health insurance premiums and practices; emphasizing prevention, primary care and effective treatments; reducing health care fraud and abuse; reducing uncompensated care to prevent a shift onto insurance premium costs; fostering comparison shopping in insurance exchanges to increase competition and price transparency; implementing Medicare payment reforms; and testing new delivery and payment system models in Medicaid and Medicare.
States play numerous roles and have various responsibilities under the ACA, ranging from implementing new health insurance requirements to expanding their Medicaid programs by Jan. 1, 2014. In some cases, states may implement provisions—or defer to the federal government to do so—such as establishing a temporary high-risk pool or creating and administering health benefit exchanges. Other briefs in the series provide additional details and highlight state roles and responsibilities.
The affordable care act serves as the most sweeping total rewards legislation in recent history.