The Impact of Healthcare Policy on Access and Affordability
Healthcare policy has a direct effect on the accessibility and affordability of healthcare services for individuals. Unfortunately, in recent years, access to affordable health insurance coverage has declined substantially due to an increasingly complex and costly healthcare system. High levels of out-of-pocket costs associated with care have made it difficult for many people to receive the needed medical services that could prevent or treat illness, leading to poorer health outcomes for those who cannot afford care. As well, increasing premiums, high deductibles and copays have created significant financial barriers for many individuals seeking medical care.
Presidential agendas have focused on ensuring greater access to affordable healthcare while also improving quality of care. Previous administrations have sought to reduce out-of-pocket costs through various measures such as expanding Medicaid eligibility requirements, offering subsidies towards purchasing individual plans in federal exchanges and implementing regulations aimed at protecting consumers from predatory insurers who may charge exorbitant fees or deny coverage based on pre-existing conditions.