The central achievement of the Affordable Care Act is hard to debate: The uninsured rate has dropped substantially.
And yet, as many critics are quick to point out, health care has not necessarily become more affordable for many of the people the law was intended to help. Many supposed beneficiaries of the law are still strained financially by steadily growing medical costs, as well as the high price of insurance that many of them were required by law to purchase.
As Modern Healthcare reports, the U.S. Census indicated that 11.2 million Americans were forced into poverty because of out-of-pocket medical expenses in 2015.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
