Assignment: Health Insurance and the Affordable Care Act
Suppose you have been tasked with purchasing health insurance for your organization that has fifty full-time employees.
Use the Internet or Strayer databases to research different types of health insurance.
Write a 2-3 page paper in which you:
Suggest one (1) plan that you would use to purchase health insurance for your organization. Determine the extent to which employee lifestyle choices and health economics would factor in to your chosen plan. Provide a rationale for your response.
Analyze the implication of the Affordable Care Act on your decision to purchase insurance. Debate two (2) advantages and two (2) disadvantages of purchasing health insurance for your employees, as opposed to having your employees receive governmental insurance.
Use at least two (2) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Analyze the impact of healthcare financing and health insurance on healthcare access, quality, and cost.
Analyze the influence of health policy and health reform on healthcare access, quality, and cost in the U.S.
Use technology and information resources to research issues in healthcare policy, law, and ethics.
Write clearly and concisely about healthcare policy and law using proper writing mechanics.
Click here to view the grading rubric.
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Health Insurance and Affordable Care Act
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Providing Health Insurance for Employees in an Organization with 50 Full-Time Employees
The provision of insurance by an organization is one of the best ways of attracting and retaining top talent. Although the provision of insurance has become more than a necessity for many organizations, it is important that an organization finds the best insurance policies that meet their budgets. In addition, there is need for the organization to put into consideration the requirements of the law as provided for in the Affordable Care Act (ACA). The Affordable Care Act requires that all organizations with at least fifty full-time employees must provide insurance cover (Mason, 2015, pp. 186). Also, the insurance cover must provide full coverage to the employees’ children who are aged 26 and less, though it is not a must that it covers the spouses of the employees. The Affordable Care Act has provided a marketplace or exchanges, where individuals and organizations can purchase insurance plans that meet the requirements of the law. Presently, there are a number of insurance in the market place that the payers can choose to purchase. In regards with my organization, the plan that I would use to purchase health insurance for my organization employees is the Health Maintenance Organizations (HMOs). According to (Riegelman, 2010) the HMOs is an employment-based insurance plan that charges the patients a monthly fee for coverage of a comprehensive package of services. This insurance plan is suitable for a small organization similar to the one under the study, whose…………………………………………………………………………………………………………………………………………………………………………………………………..
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