POLI 4011 Chapter : Health Insurance
Document Summary
What explains the growing number of uninsured americans: steady decline in employee sponsored insurance, weak economy. Currently, businesses are not required to offer healthcare: even if they do, you can be ineligible because you are part time or you are a recent hire, 60% of firms offer coverage. The affordable care act will offer small businesses a subsidy to expand access via employers and will fine large companies who do not provide health care. The aca will create health care exchanges and prohibit denials based on pre- existing conditions and prohibit coverage exclusions. The uninsured are more likely to be minorities. The uninsured (more than 60%) have no education beyond high school: 81% of the uninsured are u. s. citizens. How does obama care change these plans: medicare, without reform, medicare expenditures were expected to double in the next decade, from billion in 2010 to ,038 billion.
