On March 23, 2010, the Affordable Care Act (ACA) became federal law. It initiated the most significant changes in the U.S. health care system since Medicare was established in 1965.
As an integrated health care delivery system serving more than 10 million members nationwide, our organization and its members were affected by the new law in many different ways.
Some of those impacts included:
Availability of coverage — No purchaser (individual or group) can be turned down for coverage.
Expanded options for purchasing coverage — All U.S. citizens and those lawfully present in the U.S. can now get coverage through the new Health Insurance Marketplaces.
Choice and the information to make good choices — With Health Insurance Marketplaces and the requirement for easy-to-understand language in a Summary of Benefits and Coverage document, Americans will have more information and more options to choose what is best for them.
Performance and improving the quality of care — Through incentive programs and payment method changes, health care providers are rewarded for their performance and efficiency, providers are encouraged to focus on quality improvement and innovation.