In the coming years, implementing the Health Care Reform Act will affect America’s health brokers and a majority of U.S. citizens. Section A in the Health Care Reform Act will be particularly relevant to those seeking a low-cost medical insurance plan. Section 100(2) states, “This division achieves its purpose by building on the current health care system while repairing those broken aspects.”
Section 100
(3) defines four changes that must be applied to the existing program:
(A) Comprehensive reforms in the market for insurance (B) An entirely New Health Insurance Exchange, with an option for public health insurance in addition to private insurance health insurance plans. (C) Slider scale affordable credits and (D) Sharing responsibility between employers, employees, and the federal government. The goal is that vital health benefits cover all Americans.
(A) Comprehensive reforms in the market for insurance
(A) The insurance market is undergoing significant reforms – This will impact American citizens as much as it does the health brokers in America. One of the biggest changes is that no one will be refused or removed from a health insurance plan due to an existing illness. But the reforms go beyond that. Many of them are centered around care, specifically counseling, therapy, or substance abuse treatment—additionally, some changes about prescription drugs. Health HMOs might have to change their practices regarding preventative measures since there are changes in this sector too. However, the reforms to the market might tend toward favoring individuals; however, this isn’t always the scenario. Health brokers in America will benefit from more customers so that they can be more favorable to them.
(B) An entirely New Health Insurance Exchange, with an option for public health insurance in addition to private insurance health insurance plans.
(B) A brand new Health Insurance Exchange, with the option of a public health insurance plan in addition to private plans, Americans will gain from the sense that there are more possibilities to purchase a health insurance plan. In addition, there will be the option to select from a private health insurance plan and a variety of alternatives for a group or individual health plan. The specifics of the exchange have yet to be decided. However, it will offer an opportunity to purchase low-cost healthcare insurance policies. The health brokers of America will be able to design new approaches to provide healthcare for everyone with various wage levels. The positive aspect is that employers, the government, and those covered under the health policy will contribute towards the benefit.
(C) Slider scale affordable credits
(C) Slider scale affordable credits- This policy is extremely beneficial for everyone involved. It provides cheap news based on wages. It means a person with a low-cost health insurance plan won’t be paying more than what they could afford. As mentioned above, employers and the government will also contribute. This allows the health brokers in America to design different policies to meet the needs of every person.
(D) Sharing responsibility between employers, employees, and the federal government. The goal is that vital health benefits cover all Americans.
(D) Responsibility shared between employees, employers, and the government – This point cannot be emphasized enough. By working together, anyone can afford a reasonable health insurance policy. In addition, America’s health professionals can rest easy because the burden of paying does not fall exclusively on them.
The process of achieving the objective of each American in the United States to be covered by an insurance policy is a challenging task. There are a lot of challenges that need to be addressed. However, the very first steps have already been made. There are also four years before the enactment of the guidelines set out within the Health Care Reform Act. Change in any aspect can be challenging and quick. However, If everyone had health insurance, you’d have less anxiety regarding medical treatment.
