The Patient Protection and Affordable Care Act (ACA) will bring fundamental changes to the way Americans access health insurance and will also have an impact on other lines of insurance like auto, workers' compensation and medical malpractice.
The most significant opportunity for insurers is simply the numbers of people who will come into the insurance system. The ACA contains a provision that every individual must be insured and according to the US Congressional Budget Office six million people will purchase health insurance through public health exchanges in 2014, rising to more than 25 million Americans by 2018.
- It is not just the healthcare industry that should take note of the ACA as it will have more widespread implications.
- Click below to find several reports and a webinar that will explain how the ACA may impact your business.
Click here to access: The healthcare reform in the US: Key provisions and implications for health insurers.
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