3 Legged Stool Aca

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3 legged stool aca.

The three legged stool is an old phrase that many financial planners once used to describe the three most common sources of retirement income. Burwell case our video explainer shows how the aca relies on three key provisions to provide affordable health coverage to all and what. They included regulations to make it easier for people with pre existing conditions to acquire insurance measures to draw in healthy people to keep rates from skyrocketing and subsidies to help those for whom coverage. My full explainer of the aca s 3 legged stool and the individual mandate.

With premium tax credit subsidies at stake in the king v. The aca included three main sets of provisions to expand access to health insurance coverage through the individual market. Social security employee pensions and. That credit goes to i believe mit economics professor jonathan gruber who came up with the metaphor back in 2006 while helping develop mitt romney s romneycare model for massachusetts which was the basis for the aca s exchange model for the individual insurance.

It starts by requiring that insurers offer the same plans at the same prices to everyone regardless of. So the affordable care act went for incrementalism the so called three legged stool. Some people are crediting me with creating the 3 legged stool metaphor which simply isn t the case. The three legged stool of health reform.

One of the law s key. In the pending supreme court case king v. Fri 11 11 2016 3 45pm ever since trump s stunning electoral college victory on tuesday there s been a lot of hand wringing including by myself about the republican party finally getting to actually make good on their obsessive desire to kill off the affordable care act. Time to revisit the 3 legged stool.