Affordable Care Act For Employees Training Course
The Affordable Care Act (ACA), signed into law by President Obama in 2010, significantly overhauls the U.S. healthcare system by expanding healthcare coverage, reducing healthcare costs and improving the quality of care.
With part of the ACA already in place and the remainder on its way — including an individual mandate and coverage for preexisting conditions — employees should be aware of how the law makes insurance affordable for those without employer-provided insurance. Beginning in 2014, anyone who fails to provide proof of health insurance on his or her federal tax return will face significant financial penalties. By 2016, fines will increase to as much as 2.5% of a person’s yearly income.
This 15-minute mini-course provides a preliminary “report card” on those aspects of the Affordable Care Act that are now in effect, as well as a quick look at important provisions that will become effective in 2014. The topics covered in this course include:
- Overview of the Affordable Care Act
- Expanded coverage
- Insurance costs
- Healthcare costs
- Quality of care
- What’s ahead . . .