09.02.2016 Views

BUDGET

budget

budget

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

THE <strong>BUDGET</strong> FOR FISCAL YEAR 2017 59<br />

BUILDING ON THE ACA TO IMPROVE AMERICANS’ HEALTH<br />

For decades, too many Americans went without<br />

the security of health insurance. Since the<br />

ACA’s coverage provisions have taken effect,<br />

17.6 million Americans have gained health insurance<br />

coverage through the Health Insurance<br />

Marketplace, Medicaid, and other sources. Now,<br />

fewer than 1 in 10 Americans lack health insurance<br />

for the first time in history. The dramatic<br />

decline in the uninsured rate shows the ACA is<br />

working, making health care more affordable<br />

and accessible for millions of people.<br />

The ACA also provides Americans the economic<br />

security they deserve. Because of the ACA,<br />

American families no longer need to worry about<br />

losing coverage due to economic setbacks, such<br />

as lay-offs or job changes, or due to pre-existing<br />

conditions, such as asthma, cancer, or diabetes.<br />

In addition, health insurance plans cannot bill<br />

patients into debt because of an illness or injury,<br />

or limit annual or lifetime dollar benefits.<br />

Americans have benefited from these changes.<br />

For example, the number of people in households<br />

that faced problems paying medical bills fell by<br />

12 million from 2011 to 2015.<br />

Further, the ACA has taken historic and significant<br />

steps toward putting the Nation back on<br />

a sustainable fiscal course, while laying the foundation<br />

for a higher quality health care system. It<br />

is improving the quality of care that Americans<br />

receive and reducing cost growth by deploying<br />

innovative new payment and delivery models<br />

that incentivize more efficient, higher-quality<br />

care.<br />

With the ACA as a solid foundation, the Budget<br />

makes additional health care investments and<br />

reforms to further improve the Nation’s health<br />

care system and the health of all Americans.<br />

With approximately $375 billion in health savings<br />

that will grow over time, the Budget would<br />

extend the exceptionally slow cost growth of recent<br />

years. It builds on the dependable health<br />

insurance provided to Medicare, Medicaid, and<br />

Children’s Health Insurance Program (CHIP)<br />

beneficiaries, supports an aggressive agenda to<br />

transform the Nation’s health care delivery system<br />

into one that better incentivizes quality and<br />

efficiency, reins in growing drug costs while improving<br />

quality and transparency, and includes<br />

proposals that extend the life of the Medicare<br />

Hospital Insurance Trust Fund by over 15 years.<br />

Implementing the ACA and<br />

Improving Health Care in America<br />

The Budget fully funds the ongoing implementation<br />

of the ACA and makes a number of<br />

improvements to the health care system.<br />

Supporting Medicaid Expansion. The<br />

ACA expanded affordable health insurance coverage<br />

to millions of low-income Americans by<br />

offering significant Federal financial support to<br />

States that expand Medicaid eligibility to non-elderly<br />

individuals with income below 133 percent<br />

of the poverty line, roughly $26,700 for a family<br />

of three. In the 30 States (and the District of<br />

Columbia) that expanded Medicaid by the end of<br />

2015, the share of people without health insurance<br />

has fallen significantly, along with the cost<br />

of uncompensated care. The Budget provides<br />

further incentive for States to expand Medicaid<br />

by covering the full cost of expansion for the first<br />

three years regardless of when a State expands,<br />

ensuring equity between States that already<br />

expanded and those that will expand in the future.<br />

Previously, the ACA covered the full costs<br />

through calendar year 2016 before gradually reducing<br />

the level of support to 90 percent.<br />

Protecting Consumers and Other Reforms.<br />

The Budget makes targeted improvements to<br />

the ACA’s private insurance programs, including<br />

proposals to help eliminate unexpected<br />

health care charges and provide for uniform<br />

health care billing documents, among other<br />

reforms. It also proposes to standardize the<br />

definition for American Indians and Alaska<br />

Natives used in the ACA. The Budget bolsters<br />

program integrity efforts with additional investments<br />

and a proposal to allow the Centers<br />

for Medicare & Medicaid Services (CMS) access<br />

to new data sources to improve the accuracy

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!