HLTB40H3 Lecture Notes - Lecture 9: Patient Protection And Affordable Care Act, Major Force, Disposable And Discretionary Income
Document Summary
American and canadian healthcare systems used to be similar, but began to diverge in 1947 when douglas established hospital insurance plan in saskatchewan. Us"s most recent reform is patient protection and affordable care act (ppaca) which is funded by taxes. Passed in 2010, changes planned through 2019. 2014: mandatory health coverage has just been introduced. Why was it needed? in 2008 most had private, employer-based administration coverage and much of the remaining was private out-of-pocket and. Medicaid , # of uninsured and underinsured (paying more than 10% income on health expenses) were increasing, many were unemployed, economic recession made healthcare problems worse, both middle-income and low-income groups were struggling with healthcare costs. Medicare and medicaid (1965) created by president johnson"s. Medicare is largest public program, covers all americans over 65, people with disabilities and certain diseases, however only covers about half of the costs (other half is paid by private insurance or out-of- pocket)
