Health Insurance And The Affordable Care Act

Running head: AFFORDABLE CARE ACT Health Insurance and the Affordable Care Act Student Name Professor Course Name November 27, 2016 1 AFFORDABLE CARE ACT 2 The health insurance cover has four categories of insurance plans: Bronze, Silver, Gold, and Platinum. The categories determine how cost is planned and shared. A plan category is not equivalent with the quality of care being offered. Choosing the right plan for the organization is very important because the employees of an organizations needs and the organization itself must be put into consideration Health Insurance And The Affordable Care Act

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The Affordable Care Act bears 3 main goals amongst which are availing affordable health insurance to many people, expanding its coverage and also supporting innovative delivery methods in healthcare. Once availability has been enhanced, there is a guarantee of improved quality in this health cover. The best health plan for my organization is high ductile silver plans. The plan is best for my organization because it is eligible in provision of health savings account and also premium tax credits and cost sharing reductions and subsidies. This plan encompasses a wide range of deductibles that benefits the individual employees. The silver plan is so flexible that qualifies for all cost assistance categories (Blumenthal, & Collins, et al 2014)Health Insurance And The Affordable Care Act