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What Students Need to Know About the Affordable Care Act

 

For every academic year, we have millions of students studying in colleges and universities. All of them start a big journey and venture into independent life. They learn to rely more on themselves, study with tutors when necessary, and get professional help with their studies and particularly difficult assignments by hiring expert paper writers to write an essay by domyessay.com writing service. A majority of this number are just living on their own for the very first time in their young adult lives. Some would live in school dorms, while others would find off-campus accommodation. When you’re that young, health insurance might be the least of your worries, but it shouldn’t be that way. 

The Affordable Care Act, also known as Obamacare, is an act that aims to provide affordable health insurance coverage to all Americans. As a student, if you don’t know much about this Act, then you should choose essays about the affordable care act from the online database. There you will find several free essay examples written by experts on this topic. The Affordable Care Act concerns all American citizens, especially students, so you should arm yourself with adequate knowledge on these topics. 

Students are exposed to many health risks due to exposure to other students, stress, drugs, alcohol, etc. It becomes crucial to take care of their health at this point. Asides from reading these free essay samples, this article would also give you an insight into affordable healthcare for college students and what it is all about.

What exactly is the Affordable Care Act?

Since the ACA was enacted in 2010, it has provided many healthcare benefits to all US citizens. Before this program started, a large percentage of youths and old citizens were left uninsured. 

A year before the law was passed, about 16% of the general population under age 65, and 25% of 18-35-year-olds, were without an insurance plan. Years after the Act took effect, these figures have dropped considerably to 10% and 14%, respectively. 

Not only does it help in the expansion of insurance coverage, but the ACA also cuts right through insurance costs while simultaneously improving health care quality. Research has shown that this improvement translates to about $8 billion in health costs and over 130,000 lives saved. 

To further make this enactment successful, the government placed a tax penalty on any individual or family who refused to purchase insurance while offering rebates to families who did.

There are ten general essential benefits that must be covered by the ACA. They are:

 

      Outpatient care

      Emergencies

      Inpatient care

      Maternity and newborn care

      Behavioral health care such as mental or substance abuse

      Drug prescriptions

      Rehabilitation

      Laboratory services

      Child services

      Prevention services

Why you should know About ACA Student Insurance

People usually say college students don’t need health insurance since they are young and fit. This is a big myth that should not be condoned; it spreads like a virus. 

As of 2019, 11% of students in the US stated that their health was poor, with the biggest health challenges being cold, flu, stomach viruses, bone injuries or displacements, weight gain, and even eating disorders. Conditions like cold and flu are spread by viruses and are easily communicable. Since these young ones always move in packs, getting infected is easy. 

Getting a stable health insurance package has been made easy under the ACA and is one of the best things you can do for yourself as a young adult. Understandably, you worry about the bills, but the ACA has made health insurance very affordable. You should note that, since 2014, students over the age of 18 are required to have health insurance or face penalties of $95 per individual or 1% of your income.

What you Should Know About College Students Obamacare

If you’re under the age of 26, the ACA gives you the liberty to remain under your parent’s health insurance policy until you become of age. It doesn’t matter if you’re married or out of state; the coverage remains. 

There are several outlets to get an insurance policy as a student.

These are:


      School coverage: Many schools offer insurance coverage to their prospective students.

      Medicaid: This is a federal insurance package that provides healthcare to low-income individuals.

      Marketplace: The website is healthcare.gov, and on this platform, you can compare and purchase suitable plans during the open enrollment periods. 

The open enrollment period comes once a year, and during this period, you will be able to purchase a new plan, adjust your current one, or cancel your previous one. It lasts for a few weeks, and if you miss it, you’d have to wait till the next one.

      The last enrollment period started on November 15, 2021, to end on January 15, 2022.

      December 15, 2021, was the last day to enroll.

      The 2022 marketplace began on January 1, 2022.

Conclusion

The topic of health insurance to students has been a long one, and it’s high time you start to understand that your health is a major advantage to you as young adults. Take advantage of the ACA; check out the marketplace for insurance samples that benefit you. Take that bold step today!


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