Economic Effects of the Affordable Care Act
In this article, the chief motivation is to understand the manner in which ACA’s implementation has had and will continue to pose economic effects on the level of the workers’ compensation. Indeed, mixed outcomes are reported but the emerging or central theme is that the relationship between ACA implementation and the level of the workers’ compensation assumes the trend of spillover effects, rather than direct effects. For example, the author acknowledges that both positive and negative effects tend to arise regarding ACA implementation and the workers’ compensation. From the positive perspective, the article indicates that the perceived improvement in population health yields a decline in re-hospitalization associated with work-related injuries, upon which the employees’ compensation programs money is saved substantially. From the negative perspective, the article suggests that with increased insurance coverage, additional strain is put on the available medical resources in the U.S. the eventuality is a state of difficulty in seeing a doctor. However, the spillover effect linked to the saving of workers’ compensation programs money (due to fewer work-related injuries) is found to be more pronounced when compared to the negative effect, suggesting that economic benefits posed by ACA on the workers’ compensation remain promising.