What is the goal of the Affordable Care Act (ACA)?

Study for the Health and Accident Insurance Exam. Explore flashcards and multiple-choice questions with thorough explanations. Prepare and ace your exam today!

The goal of the Affordable Care Act (ACA) is to expand access to health insurance, improve the quality of care, and reduce overall healthcare costs. This multi-faceted approach aims to ensure that more individuals, particularly those who were previously uninsured, gain access to healthcare services.

By expanding access, the ACA introduced measures such as Medicaid expansion and the establishment of health insurance marketplaces, which provide options for individuals to purchase insurance coverage. The focus on improving care quality includes provisions that promote preventive services and chronic disease management, which can lead to better patient outcomes. Furthermore, the ACA includes initiatives to reduce healthcare costs by encouraging efficiency in care delivery and requiring insurance companies to spend a certain percentage of premiums on medical care rather than administrative costs.

The other options do not align with the primary goals of the ACA. For instance, enhancing employer-sponsored plans may be a byproduct, but it is not the main objective of the law. Similarly, eliminating private insurance entirely is not part of the ACA; rather, it seeks to work alongside private insurance to improve the overall system. Streamlining processes for claims is also not a central goal of the ACA, although it may be an aspect of improving healthcare delivery. Thus, the correct answer encapsulates the overarching intentions behind the

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