The Affordable Care Act (ACA) has made a huge impact on healthcare delivery system and especially in regard to financial management of healthcare organizations and delivery of high quality healthcare...

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The Affordable Care Act (ACA) has made a huge impact on healthcare delivery system and especially in regard to financial management of healthcare organizations and delivery of high quality healthcare services.



The timeline for the Affordable Care Act continues until 2015. Locate 3'4 updates on the timeline that are related to healthcare finance.





Discuss these changes or initiatives. Your discussion should include what is changing and your thoughts on how this will impact healthcare finance now and in the future.










U.S. Department of Health & Human Services. (2011).
Timeline of the Affordable Care Act.



Retrieved from http://www.healthcare.gov/law/timeline/index.html



Answered Same DayDec 24, 2021

Answer To: The Affordable Care Act (ACA) has made a huge impact on healthcare delivery system and especially in...

Robert answered on Dec 24 2021
130 Votes
Answer:
The Affordable Care Act (ACA) has made a huge impact on financial management and
healthcare delivery system.
The update on Timeline that are related to helathcare finance are as follow:
1. Insurance company Accountablity: The Insurance company will be held accountable and
need to justify in advance any increase in premium of 10% or more. Only if justification are
accepted then Insurance company can increase premiums.
2. Rx Discount for senior citizen : Senior citizen with Medicare will get key preventive
services for free, and also receive a 50% discount or respective discount on Medicare ( For
specified brands only ).
3. Small Business Tax credit : Small business which provide health insurance benefit to...
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