affordable care act
The latest increase in the cost of Cardinal Care — and the University’s refusal to delay a waiver deadline that would preclude students from using California’s new health insurance exchange to find cheaper insurance — was met with discontent among graduate and international students while also prompting efforts on their part to mitigate the burden.
While the Affordable Care Act (ACA) continues to be a contentious issue in the run-up to the 2012 election, the legislation’s eventual impact on the Stanford community could present a trade-off between expanded coverage and higher premium costs, according to University health administrators.
One million additional young adults have health insurance coverage compared to a year ago as a result of the Affordable Care Act, the U.S. Department of Health & Human Services reported on Sept. 21. The act has had little impact on health insurance coverage rates and choices at Stanford so far, though Cardinal Care may become more expensive in future years.
U.S. Secretary of Education Arne Duncan and Secretary of Health and Human Services (HHS) Kathleen Sebelius launched a new initiative yesterday to teach graduating college seniors about the health insurance options available to them through the Affordable Care Act.