An immeasurable amount of small businesses are refusing to grow, in fear of higher taxes and the amount of money they have to spend on healthcare for employees. Many employers are trying to avoid paying higher insurance premiums. However, as of today policy for healthcare premiums is already higher than in the past which has many complications due to the rising cost of coverage. In paying for higher insurance and also the fines in which small business incur, employers will have to cut expenses to keep their business running smoothly and profitably. Therefore, employers will have to cut workers hours, which means their most valued and hardworking employees will probably walk away to work for a larger company who offers more hours or a full time position which includes health care benefits.
James Hamblin from The Atlantic (...
... middle of paper ...
...because of all the money they have to pay out many would not be able to have a profitable business. Many business owners will rather cut their workers hours and not pay for health insurance coverage. This will only force them to hire part time employees which has already began to take place in many small business including the many corporations as well. If the full and part time workers seek to find insurance through direct contact with insurance companies they will come to find that the insurance premiums have risen since last year especially for males. Obamacare promises everyone will be covered but in doing research it shows you have to apply but may not qualify which means you will be paying higher insurance deductibles. Small business will always have the option of not growing their business to avoid paying health coverage but it only hurts the workers.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- The Effects of the Affordable Care Act The Affordable Care Act, also known as Obamacare, is President Barack Obama’s health care program that was passed in March 2010. The Affordable Care Act is considered to be America’s step towards universal health care, a system providing health care to all citizens in a country. Obama’s Affordable Care Act consist of many aspects from both political parties that are believed to improve health care for Americans. Obamacare offers new benefits, rights and protections for health care, sets up a health insurance market place which allows citizens to purchase health insurance during open enrollment, expands Medicaid to adults, improves Medicare for elders,... [tags: Barack Obama, Health care, United States]
892 words (2.5 pages)
- The Effects of the Affordable Care Act on the Uninsured Ronald Russette Walden University NURS 6050N, Section 15, Policy and Advocacy for Improving Population Health July 5, 2015 The Effects of the Affordable Care Act on the Uninsured According to the U.S. Department of Health and Human Services (HHS) (2015b), the Affordable Care Act (ACA) was designed to place individuals, families and small business owners in control of their health care by providing lower premium costs than the private health insurance market.... [tags: Health insurance, Health care, Health economics]
1414 words (4 pages)
- The “Affordable Care Act” or also known as “Obamacare is hurting small business and their workers. Many establishments are trying not to expand in efforts not to pay higher taxes. Although the government will be giving small businesses a credit, but in the future they will eventually have to pay a larger amount of money each year for their worker healthcare, or in the beginning of the year they will be faced with penalties. According to the Charlotte Observer, Caroline McMillan Portillo (2013) explains, “Those companies now face a choice: offer a group medical plan, subsidize employees’ plans on the new individual exchange, or stop coverage altogether and risk seeing employees walk away.” As... [tags: Obamacare, government healthcare policies]
2164 words (6.2 pages)
- Introduction: Patient Protection and Affordable Care Act (PPACA) There can be no gainsaying as to the fact that a large fraction of the American citizenry remains devoid of health insurance. This means that average Americans, running into millions, find it increasingly difficult to access healthcare of whatever nature. As a consequence, this disadvantage has resulted in the proliferation of ailments and deaths that could well be avoided. Perhaps it is best we ask ourselves why the access to affordable healthcare has not been prioritized by previous administration regimes, being that it is the fulcrum of well-being and basically the backbone of a healthy, working nation.... [tags: Americans Citizens, Affordable Health Care]
1793 words (5.1 pages)
- Health insurance, too many American citizens, is not an option. However, some citizens find it unnecessary. Working in the health care field, I witness the effects of uninsured patients on medical offices. Too often, I see a “self-pay” patient receive care from their doctor and then fail to pay for it. Altogether, their refusal to pay leaves the office at a loss of money and calls for patients to pay extra in covering for the cost of the care the uninsured patient received. One office visit does not seem like too big of an expense, but multiple patients failing to pay for the care they receive adds up.... [tags: Affordable Care Act, healthcare, health, insurance]
1259 words (3.6 pages)
- The Patient Protection and Affordable Care Act In 2012, over 47 million Americans were uninsured. Due to the rising costs of health care, decreases in employer sponsored health care, and ineligibility gaps for public programs, the number of insured people has steadily increased (KFF, 2013). In an effort to overhaul the broken, fragmented system, massive health care reform has been launched. The most far-reaching law affecting managed care since the creation of Medicare and Medicaid, the Patient Protection and Affordable Care Act “ACA” was signed into law on March 23, 2010 (Kongstvedt, 2013).... [tags: patient protection, affordable care act, insurance]
1904 words (5.4 pages)
- One of the biggest events that have happened in our recent history in the health care system was the enacting of the Affordable Care Act (PPACA) in March of 2010 into law (Houle & Fleece, 2011; Niles, 2014). This was the most all-inclusive reformed legislation “passed in American history” (Houle & Fleece, 2011, p. 33). This law was intended to enhance the availability of reasonably priced healthcare (Niles, 2014). And in turn decrease the amount of people in the United States who are without medical insurance.... [tags: Health economics, Health care, Health insurance]
1021 words (2.9 pages)
- The individual mandate and the Affordable Care Act, also known as “Obamacare”, is the idea that citizens should be required to have health insurance or otherwise pay a certain penalty. The Affordable Care Act essentially is the ability for all Americans to be able to afford health insurance. “One goal of the ACA, often referred to as the Affordable Care Act…is to bring down the costs of health care and make it available to more people.” (Will the Affordable Care Act improve health care in the United States?).... [tags: Health care, Medicine, Health insurance]
1303 words (3.7 pages)
- Mandated healthcare is the state legislators provided regularly that debated and enacted "mandates" or required health coverage for specific treatments, benefits, providers and categories of dependents. The Affordable Care Act established Essential Health Benefits which is more uniform requirement for individual and small group health policies sold inside and outside of health exchanges, begun January 2014 to present. Affordable Care Act has had significant effects in 2010 on existing state mandate laws.... [tags: Health care, Health insurance, Insurance]
711 words (2 pages)
- What is the Issue: In the past few years there has been much debate over the Affordable Care Act and its effects on the healthcare industry in the United States. The Affordable Care Act (ACA) “Will ensure that all Americans have access to quality, affordable health care and will create the transformation within the health care system necessary to contain costs” (The patient protection and affordable care act detailed summary, n.a.). However, what these transformations are and how they will affect the healthcare system, specifically primary care physicians are uncertain.... [tags: health care industry, United Sates]
1378 words (3.9 pages)