The Affordable Care Act

Jun 16th, 2016
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Over the next few weeks, you will explore many of the critical components of the Patient Protection and Affordable Care Act, or the Affordable Care Act (ACA). Each week, a different provision will be introduced. Your assignments will include researching the provision and explaining the changes that will occur with the ACA. Individual Mandate The ACA requires US citizens and legal residents to obtain qualifying health coverage. This week, you will explore the Individual Mandate section of the new health reform law. Tasks: Explain the Individual Mandate included in the Patient Protection and ACA and include the tax penalties that will be imposed if a person or a family does not obtain qualifying health coverage. Determine who will qualify and what premium and cost-sharing subsidies will be available to individuals. Research the income levels of individuals in your state by reviewing information available on the website How do you think the Individual Mandate

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Running head: THE AFFORDABLE CARE ACTThe Affordable Care ActInstitution AffiliationName1THE AFFORDABLE CARE ACT2Without a way of enforcing it, it would be a futile act to pass a law requiring all Americans toacquire health insurance. No one would adhere to the requirements of the law without its beingaccompanied with punishment for noncompliance. The Patient Protection and Affordable CareAct, also known as Obama Care Act, was ruled by the Supreme Court to be constitutional in theyear 2010. A 65 page ruling covered the individual mandate that has it that every Americanshould acquire a health insurance against which they are liable to a fine that was since thenconstitutionalized.Before passing of the Patient Protection and Affordable Care Act, very few people in theAmerican population had bought health insurance. The product was rejected by many as aluxury. Financial reasons constrained the citizens so much that they could not see any possibilityof budgeting any money for health insurance. However, since the dawn of the new law, thebuying of health insurance has hiked so much and the cries that the law is oppressive has beenseen to die off slowly by slowly; until now, only a small portion of the population is seen tocomplain about the same.What is it that makes a once defiant American population to adjust so easily to the changes bythe law? All credit is to be given to the Individual Mandate which is actually the financial or taxpunishment for def

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