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Affordable Care Act In Florida

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Nursing

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Purdue Global University

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MN506

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Running head: AFFORDABLE CARE ACT IN FLORIDA 1

Affordable Care Act in Florida

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AFFORDABLE CARE ACT IN FLORIDA 2

Affordable Care Act in Florida

Since Florida implemented the Affordable Care Act in their state, they have led the

nation with the most people enrolled in the private insurance marketplace since 2016 (The

Affordable Care Act, n.d.). With over 2.5 million people enrolled in the state alone, the state has

ranked second after Texas in the number of people who are eligible for future Medicaid

expansion. As stated by the Center on Budget and Policy Priorities, if congress and the

administration would repeal the Affordable Care Act, this would leave over two million people

with a loss of coverage” (The Affordable Care Act, n.d.). This paper will explain both the

strengths and weaknesses of the Affordable Care Act in the state of Florida along with the

impacts that the program has on stakeholders, providers, and consumers alike.

The first noticeable strength of the Affordable Care Act in Florida relates to the premium

subsidies. In 2018, the premium subsidies of Florida’s exchange grew larger comparing the data

to 2017 (Division of Consumer Services, n.d.). Thus, increasing coverage to more enrollees

because of the affordability of the market plans. This is seen by how the cost of cost-sharing

reductions was now added to the silver plan premiums that the state uses while the subsidies are

based on keeping the subsidy costs of the lowest silver plan.

A weakness that the state of Florida residents feels is the week pre-existing condition

protections as well as the elimination of Florida’s modest restrictions relating to their short-term

plan coverages (The Affordable Care Act, n.d.). In 2019, the state of Florida enacted the s.322

legislation so that the population with pre-existing conditions would have access to some sort of

insurance plan by applying through the individual market. If the ACA were to revise or repeal.

However, it was amended to remove the state's existing limitations.

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Running head: AFFORDABLE CARE ACT IN FLORIDA Affordable Care Act in Florida Instructor Class Date Name 1 AFFORDABLE CARE ACT IN FLORIDA 2 Affordable Care Act in Florida Since Florida implemented the Affordable Care Act in their state, they have led the nation with the most people enrolled in the private insurance marketplace since 2016 (The Affordable Care Act, n.d.). With over 2.5 million people enrolled in the state alone, the state has ranked second after Texas in the number of people who are eligible for future Medicaid expansion. As stated by the Center on Budget and Policy Priorities, if congress and the administration would repeal the Affordable Care Act, this would leave over two million people with a loss of coverage” (The Affordable Care Act, n.d.). This paper will explain both the strengths and weaknesses of the Affordable Care Act in the state of Florida along with the impacts that the program has on stakeholders, providers, and consumers alike. The first noticeable strength of the Affordable Care Act in Florida relates to the premium subsidies. In 2018, the premium subsidies of Florida’s exchange grew larger comparing the data to 2017 (Division of Consumer Services, n.d.). Thus, increasing coverage to more enrollees because of the affordability of the market plans. This is seen by how the cost of cost-sharing reductions was now added to the silver plan premiums that the state uses while the subsidies are based on keeping the subsidy costs of the lowest ...
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