Abstract
This paper explores published articles that report on results from research conducted about the successes of the Affordable Care Act and its relationship to the financial health of the healthcare industry. While efforts of the ACA to move healthcare towards financial stability have broad sweeping implications across the healthcare industry it is not clear whether the efforts were enough to stem the rising costs of healthcare in the United States. Ellis and Orszag (2007), theorized that the changes under the ACA to further educate patients on treatments would lead to a reduction in healthcare expenditures. Regulatory changes to the insurance marketplaces and acquisition and usage of healthcare insurance have played a prolific role in changing the face of the healthcare industry. Changes in policy, procedure and staffing have already begun to impact the costs of healthcare in America but flaws still exist in the system that are not directly addressed by the ACA. Cutler (2015) states, “The healthcare industry must make efforts to cut costs as the current situation of cost compared to economic growth is unsustainable” (p. 337). This paper examines the steps already taken by the ACA to achieve balance in healthcare expenditures and to prevent healthcare costs from further spiraling out of control.
Year Manuscript Completed
Spring 2017
Senior Project Advisor
G. Michael Barton, MBA, SPHR
Degree Awarded
Bachelor of Integrated Studies Degree
Field of Study
Health Care Administration
Document Type
Thesis
Recommended Citation
Emrick, Andrew, "The Effect of the Affordable Care Act on the Financial Stability of the Healthcare System" (2017). Integrated Studies. 19.
https://digitalcommons.murraystate.edu/bis437/19