MN507M4 Health Care Reform and Genetics and Genomics Research 

MN507M4 Health Care Reform and Genetics and Genomics Research 

Effect That Healthcare Reform Has on Stakeholders
student’s Name
Institutional Affiliation
Course Name and Number
Instructor’s Name
Date

Introduction
The Affordable Care Act (ACA) was signed into law in 2010 by the then president of the United States, President Barack Obama. It was a landmark health legislation initiated and passed to increase access to affordable healthcare and improve the internal environment for healthcare facilities. The Act helped provide access to medical insurance covers for low-income earners, making it easy to access healthcare and meet the cost for treatment and drugs Gaffney & McCormick, 2017). The paper will focus on the analysis of stakeholders the Affordable Care Act had impacts. An analysis of this nature allows policymakers to develop and promote health programs that will address the changing needs of different groups of healthcare stakeholders in the United States.
 

Groups of Stakeholders Impacted by the ACA
There are various groups of stakeholders impacted by the ACA. Firstly, the primary consumers of these health services, the country’s citizens, were among the stakeholders who the Act affected. The citizens always expect policies and programs that address their health needs and address any problem they encounter. Secondly, the care providers were among the other group of stakeholders affected by the Act. This group consists of physicians, nurses, and other medical professionals and practitioners. The needs of these professionals keep changing as well, and to address this, adequate resources allocation, proper practices, and streamlined care delivery models are crucial. Lastly, the Act also impacted the various health facilities within the county (Béland et al., 2015). These include the hospitals, the various medical facilities, and the health clinics within the country. They are considered a critical part of the implementation process. They can ensure that high numbers of patients can access and receive high-quality care and medical services through their participation. 
Financial Impact of the ACA on Each Group of Stakeholders Including Potential Short- And Long-Term Impacts.
Each of the outlined stakeholder groups is set to record different financial impacts from the health reform. The health reform advocates for more medical coverage for more citizens by the various insurance companies, which will benefit the citizens as it will significantly decrease the costs of the health services (Courtemanche et al., 2019). Due to the significant reduction in the expenses incurred, citizens can save more financial resources that they can use to drive their projects. This health reform is expected to have substantial economic impacts on each of the outlined stakeholder groups. For instance, patients will record decreased healthcare costs as the policy requires employers and insurance companies to provide medical coverage to more people. Consequently, all beneficiaries will incur minimum expenses, thereby saving their financial resources for other personal projects.
The second group of stakeholders is care providers. These professionals and practitioners in various fields are best positioned to deliver quality care to a high number of patients. They are therefore set to record high levels of income as a result of this reform. Independent practitioners will also not have to hire specialists, further saving on their costs as well. The reform, however, does not advocate for increased pay for those employed in the different facilities, despite the increased quality and amount of care services the reform expects them to deliver (Anderson, 2016). This gap needs to be addressed by the responsible policymakers to make sure they address the practitioners’ various needs. 
The third group of stakeholders, the health facilities, is also set to record significant impacts on their financial resources due to the reform. These facilities are expected to make more profits as more people will qualify for health services. Facilities also lose significant amounts, especially when caring for uninsured individuals who eventually cannot pay for such services. With the increased insurances of such patients as provided by the reform, such losses will be significantly cut; thus, the facilities will save more finances for running other operations within them.