Healthcare Discussion 1: The Affordable Care Act (ACA)

ACA
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The Affordable Care Act (ACA), was a healthcare reform in the U.S that had numerous significant implications. Due to its greater impact on everyone, the act has got an economic framework, whereby the economic come to the fore. These include the insurance, investment in jobs by the public, as well as production capacity. It is however, still not possible to highlight how crucial the reform has been towards the economic recovery of the nation, especially after the 2008 economic depression.
The first feature is that of the act and insurance. Insurers are now in a position to cover all the applicants without any condition whatsoever. The implication of this is that the insurers are only allowed to set premiums determined by the geographical locations of the applicants and their ages, rather than the earlier criterion that focused on gender. There are also minimum standards set for these health insurance policies. ...