Health Insurance Exchange

For this assignment, select a local or state (Florida) health care policy or piece of legislation that was enacted in the last five years. Then:

  1. Summarize the policy or legislation.
  2. Analyze at least one strength and one weakness of the policy or legislation.
  3. Discuss the impact of the policy or legislation for all stakeholders, both providers and consumers.

Page length: 3-4 pages exclusive of cover page and references.

Support your paper with a minimum of three scholarly references.

To view the Grading Rubric for this Assignment, please visit the Grading Rubrics section of the Course Resources.

Assignment Requirements:

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Answer preview

One of the weaknesses of the Florida Health Insurance Exchange regards the restriction to the control of the state regardless of the financial challenges it experiences.  The exchange was developed under the guidelines of the Affordable Care Act, which is a federal policy.  This means that many of its key provisions and regulations were already dictated and pre-developed by the federal government (Chow, 2022).  This loss of state autonomy might have prevented Florida’s capacity to tailor the exchange to its precise desires and precise challenges.  Secondly, the initial implementation of the exchange faced significant political resistance, and this made Florida decide not to expand Medicaid as it was the goal of ACA (Chow, 2022).  This choice caused a coverage gap because several low-earning people were ineligible for Medicaid but also failed to qualify for sponsored medical health insurance via the exchange.  The third weak point of the exchange policy is that in some regions of Florida, the participation of insurance organizations within the exchange was limited (Chow, 2022).  The lack of strong competition

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Health Insurance Exchange