3 Legged Stool Aca
Together these three elements of the aca formed the statute s three legged stool to ensure that insurance pools are not imbalanced with a disproportionate number of older sicker people who would cause premiums to skyrocket.
3 legged stool aca. The affordable care act represents the most significant transformation of our health insurance market in more than 40 years. Time to revisit the 3 legged stool. Burwell case our video explainer shows how the aca relies on three key provisions to provide affordable health coverage to all and what. The three legged stool is an old phrase that many financial planners once used to describe the three most common sources of retirement income.
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. 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. 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. In the pending supreme court case king v.
My full explainer of the aca s 3 legged stool and the individual mandate. The three legged stool of health reform. So the affordable care act went for incrementalism the so called three legged stool. With premium tax credit subsidies at stake in the king v.
Social security employee pensions and. One of the law s key. Plztou three legged stool stool folding chair beach chair fishing stool outdoor park bench for outdoor camp dark blue. Some people are crediting me with creating the 3 legged stool metaphor which simply isn t the case.