3 benefits of the Affordable Care Act every business leader needs to know about

Fortune

This post is in partnership with Entrepreneur. The article below was originally published at entrepreneur.com.

By Tor Constantino, Entrepreneur

This past year marked the first full year of implementation of the Affordable Care Act (ACA), which expanded Medicaid coverage and enabled the set-up of insurance exchange “marketplaces” for individuals to select healthcare plans.

It also established the framework to measure performance, outcomes and effectiveness of healthcare providers.

Whether you agree or disagree with the politics that drove the ACA, it’s the law—and there are some aspects of the ACA that business leaders need to know regarding this healthcare reform legislation as it continues to be rolled out nationwide.

Michael Kleinrock is the director of research for the IMS Institute and co-author of a recent report titled Medicine Use and Spending Shifts, which looked at a range of healthcare issues including the first independent, evidence-based analysis of how…

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