BUS FPX4123 Assessment3.docx BUS-FPX4123 The Affordable Care Act Quality Initiatives

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BUS FPX4123 Assessment3.docx BUS-FPX4123 The Affordable Care Act Quality Initiatives BUS-FPX4123 Capella University Introduction The Affordable Care Act was created and designed to help decr... ease the cost of health insurance for the people of The United States. It was placed into law by President Barack Obama in 2010. The Affordable Care Act can also be known as Obamacare. Under the guidelines of this law Children can stay on their parents insurance until the age of 26. However there is regulations regarding them staying on the policy. This act also expanded the Medicaid eligibility guidelines for American™s. This law also prohibits a lifetime maximum coverage amounts for individuals. QualityinitiativesdevelopedintheAffordableCareAct The Affordable Care Act has regulations in place that insurance companies participate in the marketplace websites. These guidelines help to maintain and regulate the quality improvements of healthcare. Among these standards it helps to decrease the amount of readmission rates to the hospital for the same illness. While also helping to meet the quality goals for the overall healthcare outcomes for American™s. œBeginning in the fall of 2016, insurers that participated in one or more marketplaces in 2014 and 2015 will have to submit a quality improvement plan to CMS, followed by annual progress updates (Corlette, 2015). With having these measurements in place it helps the quality measurements become a standard in the everyday duties of the healthcare organization and i. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . [Show More]

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