ACA spurred 'widespread improvements' in protecting patients against financial risk

ACA spurred ‘widespread improvements’ in protecting patients against financial risk

Healthcare DIVE March 3, 2020
Samantha Liss

Dive Brief:

As the 10-year anniversary of the passage of the Affordable Care Act nears, researchers writing in Health Affairs have found the law eased cost barriers to coverage and care and lowered the financial risks of illness. The law pushed down the uninsured rate, improved access to care and “led to measurable gains in the financial well-being of poor Americans,” the researchers wrote.
The ACA’s marketplace was a key part of improved financial protection. Among those eligible for cost-sharing reductions, 57% had a deductible of less than $1,000. The share with a high deductible relative to income dropped from about 30% in 2012 to about 25% in 2014 and has remained there through 2018, according to the report.

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2020-03-03T18:07:10-05:00