Healthcare – Fast Facts
The new health care law is known as the Patient Protection
and Affordable Care Act (PPACA) or Affordable Care Act (ACA).
It is often referred to in the media as ObamaCare.
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The new health care law increases funding for the Health Care Fraud and Abuse Control (HCFAC) program by $10 million annually for years 2011 through 2020, and an additional $250 billion between 2011 and 2016.
The impact of play-or-pay requirements on the employment of low-wage workers would be similar to the effects of raising the minimum wage - and the latter has been studied extensively. Although findings from those studies vary greatly, the weight of the evidence suggest that raising the minimum wage has a negative but small effect on the employment of low-wage workers.
The physician fee reduction for 2013 is clearly unworkable, and lawmakers are almost certain to override it.
On April 5, 2011, the Congressional Budget Office submitted their analysis of Congressman Paul Ryan's proposal titled "The Path to Prosperity: Restoring America's Promise."
Several changes would be made to laws governing medical malpractice, including putting in place limits on noneconomic and punitive damages.