Affordable Care Act

Examples of Affordable Care Act in the following topics:

• Current Issues in Health Care

  • Current issues in the U.S. health care system largely revolve around the significant policy changes resulting from the Affordable Care Act.
  • In December of 2009, the Senate passing a bill called Patient Protection and Affordable Care Act.
  • The Affordable Care Act addresses this through legislation, saying providers cannot refuse coverage.
  • This map outlines the voting distribution in 2009 when the Affordable Health Care Act was brought to the floor.
  • Explain the main parts of the Affordable Care Act and the current American healthcare system

• Defining Health, Health Care, and Medical Care

  • Health care economics is a segment of economic study pertaining to the value, effectiveness, and efficiency in health care services.
  • Health care economics is a segment of economic study pertaining to the value, effectiveness, and efficiency in medical care and health care services and issues.
  • Health care is a significant concern for patients, insurance companies, governments, businesses, health care providers, researchers, and non-profits.
  • Demand for Health Care (Box C): The overall health care demand, which is a complex array of inputs that can be summarized as health care seeking behaviors, and what factors influence them (i.e. externalities, price, time, perspectives, etc.).
  • At the time of this writing (2013), the Affordable Care Act (often referred to as 'Obamacare') will be coming into play shortly.

• Where a Dollar Spent on Health Care Goes: Introducing the Inputs to Health Care

  • Health care has many inputs and a variety of incumbents, namely insurance providers, administrators, governments, and pharmaceuticals.
  • Health Care Providers: On the surface, this is who a beneficiary feels like they are paying.
  • These individuals are further differentiated by the fact that they often act as references as opposed to direct suppliers, making them both a direct to consumer provider and a third party provider.
  • One of the most discussed topics in health care is accessibility.
  • Developing nations often do not have access to the skills or suppliers required to run modern hospitals and doctors offices, nor the ability to act preventatively (i.e. eating healthy, getting exercise, check ups, etc.).

• Labor Standards

  • In 1963, the act was amended to prohibit wage discrimination against women.
  • The Age and Discrimination in Employment Act of 1967 protects older workers against job discrimination.
  • The Occupational Health and Safety Act of 1971 requires employers to maintain safe working conditions.
  • The Family and Medical Leave Act of 1993 guarantees employees unpaid time off for childbirth, for adoption, or for caring for seriously-ill relatives.
  • The Americans With Disabilities Act, passed in 1990, assures job rights for handicapped persons.

• Federal Efforts to Control Monopoly

  • In the early 1900s, the government used the act to break up John D.
  • In 1914, Congress passed two more laws designed to bolster the Sherman Antitrust Act: the Clayton Antitrust Act and the Federal Trade Commission Act.
  • The Clayton Antitrust Act defined more clearly what constituted illegal restraint of trade.
  • The act outlawed price discrimination that gave certain buyers an advantage over others; forbade agreements in which manufacturers sell only to dealers who agree not to sell a rival manufacturer's products; and prohibited some types of mergers and other acts that could decrease competition.
  • The court drew a careful distinction between bigness and monopoly, and suggested that corporate bigness is not necessarily bad.