First year participation in the affordable care act: costs and accessibility to gynecologic oncology.

Womens Health (Lond)

Division of Gynecologic Oncology, Department of Obstetrics & Gynecology, The University of Kentucky Chandler Medical Center & the Markey Cancer Center, 800 Rose Street, Lexington, KY 40536-0293, USA.

Published: November 2015

AI Article Synopsis

  • - The American Affordable Care Act's first operational year showed significant variance in health insurance premiums based on age and location, with the lowest premiums ranging from $805 for 20-year-olds to $3,802 for 64-year-olds.
  • - Rural areas displayed higher lowest premiums for 50-year-olds, while the highest premiums were cheaper in rural regions; at age 64, the costs represented 9-12.6% of a $50,000 income for the lowest premiums and 16.5-39% for the highest.
  • - Medicaid enrollment was about 6 times higher than paid enrollment, and participation in ACA coverage far exceeded expectations by over 190%, indicating strong investor confidence in the healthcare sector through analysis

Article Abstract

With the ending of the operational first year of the American Affordable Care Act, health insurance premiums were accessed online. For a US$50,000 income, the lowest premiums ranged from US$805 annually (age 20 years) to US$3802 (age 64 years), while the highest ranged from US$2186 (age 20 years) to US$10,326 (age 64 years). The lowest premiums at age 50 years were higher in rural areas in contrast to the highest premiums that were less expensive rurally. At age 64 years, the lowest premiums were 9-12.6% of a US$50,000 income, while the most expensive varied between 16.5 and 39%. Access to gynecologic oncologists was variable in different networks. Medicaid enrollment nationally was ∼6× higher than paid enrollment. Eligible participation in Affordable Care Act coverage exceeded expectations by >190%. Performance of four healthcare exchange traded funds indicated that investor confidence is high in the American healthcare sector.

Download full-text PDF

Source
http://dx.doi.org/10.2217/whe.15.79DOI Listing

Publication Analysis

Top Keywords

age years
24
affordable care
12
lowest premiums
12
participation affordable
8
us$50000 income
8
years lowest
8
age
6
years
6
premiums
5
year participation
4

Similar Publications

Want AI Summaries of new PubMed Abstracts delivered to your In-box?

Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!