On the other hand, most Democrats state that everyone should have the right to get affordable health care no matter what (Obamacarefacts.com) The real question is... Do the benefits outweigh the costs of Obama Care? People are losing more money because... ... middle of paper ... ... surgery done. If they have no coverage, most likely they will not be able to afford any procedures or stays in the hospital. So who is left with the bill? Providers are becoming worried because as a doctor you may not know if someone has active insurance or not (Fox News).
That's because many people will receive preventive care for the first time in their lives. Preventive care is medical procedures that could lead to treatment of undiagnosed illnesses, but this will be driving up costs. There are 30.1 million people who currently buy their own private health insurance. Many of them have to cancel their plans from the insurance company because their plan doesn't meet the 10 essential health benefits. The costs of new replacement insurance are... ... middle of paper ... ...e it will evidentially help our economy.
I. Introduction In 2010, President Barack Obama announced that he would begin implementing the largest, most comprehensive, and possibly the most controversial reform of the United States healthcare system in the past decade. Dubbed the Affordable Care Act, or “Obamacare” as it has become known, this new piece of legislation seeks to reduce the number of uninsured citizens in the United States by mandating that all people have access to healthcare and are required to purchase it (Gruber, 2010). It also seeks to lower Medicare spending costs through a verity of new taxes. The hope is that the new bill will help the 32 million current Americans that are uninsured, and will hopefully raise revenue for the government to begin reducing the overall deficit (Gruber, 2010).
Some people still aren’t aware the ACA requires them to have coverage. Others know what’s required but haven’t purchased insurance anyway, because it’s too expensive. And it’s still not clear if Obamacare will do anything to reduce medical costs and make healthcare itself more affordable. Some analysts think the opposite could happen, with more people demanding healthcare pushing doctors’ fees and other costs up, not down. Nonetheless, the implementation of the AC
Will the Implementation of “Obamacare” Hurt the Nation’s Economy? “President Obama made this telling claim about his signature health-care law: Americans are “Going to the able to sign up for affordable, quality health insurance at a significantly cheaper rate than what they can get right now in the individual market.” (Roy p.1) Since President Obama introduced the legislation bill of the Affordable Care Act, there has been mixed feelings, as a nation, on how it can possibly affect their lives, but more importantly, the economy that is already in chaos. It is interesting to see that even though the nation as a whole is not in favor of the Affordable Care Act, the population will still be in favor of what the Democratic party proposes for health care reform more than the Republican party They show little to no interest in health care reform. Socializing health care in the United States can have its positive and negatives depending on how they are implementing it. The way the Affordable Care Act is written at the moment will not only hurt the patient, by making them wait even longer for care and forcing them to buy health care, but it will also hurt the economy by making the nation dependent on the government and their services.
Absolutely not! Government will claim that the numbers of uninsured Americans are high because of the prices insurance companies charge, but are these numbers correct and who makes up these numbers? What will a government run healthcare service provide as far as doctors and treatments are concerned? Where do we think the money to run government healthcare will come from? Americans can help turn the economy around by eliminating this healthcare crisis from the list of many.
Although more patients will come in as a result of the act being passed, the costs will be much less and result in a loss of income. Along with private practices, the Patient Protection and Affordable Care Act will affect hospitals all across the country. Hospitals nationwide agreed with the government after the ACA was passed to accept one hundred fifty five billion dollars in cuts over the next ten years(Naether,“What Doctors May Not Know About Obamacare – And What They Need to Know”). The reason for all of this is because, for Obamacare to succeed, it is a necessity for doctors to earn net less.
The Affordable Care Act better know has the Obama Care in my opinion is a slothful excuse for national health care .The initial motive of the bill is affordability and quality healthcare for private and public health insurance the 44 million uninsured.As well as to curb the growth in healthcare spending in the US.most citizens are unaware of the financial tolland future impact on the healthcare system.What really gets to me is how the bill is funded by making budget cuts to the medical system itself . The other half of the money for obama care comes from Taxpayers so increasing taxes.As if they're not high enough already.For someone who wants to go in the medicalfield I’m personly against it . The healthcare system has always been a private industry in this country. Insurance companies have always worked the healthcare system to benefit them only . Key examples to this ,Unfair and unjustified rate hikes, limited coverage and denial of health care based off of pre-existing conditions had been the norm until ObamaCare enacted provisions to curb these issues.President Barack Obama Affordable Care Act aims to break the barriers that have been put by insurance companies .
And while this may sound like good news since it will help take care of the 54 million Americans that were uninsured in 2010 when this Act was signed (Kocher 2010) not all of these changes to the healthcare system are beneficial. Many citizens will find themselves penalized by the fees and requirements of the ACA, along with many others that will find themselves the victims of budget cuts and layoffs. Although healthcare reform is something that the US needs currently, the implications that will result from the Affordable Care Act will not benefit the country in the long run. Before understanding why the ACA is not in the current best interest for the country, it should be explained why healthcare reform is even necessary at all in this point in time. The main reason is due to the massive amount of waste that occurs either through fraud or improper payments.
One of the things Obamacare was trying to avoid was placing higher taxes on the middle class, and instead of preventing that, higher taxes smacked the middle class directly in the face. This angered the middle class, seeing as they were promised no raised taxes, and once again made Obama and Obamacare look bad. Author Marcia Angell, from Harvard’s medical school, believes there is only one way to go about covering the entire nation under Obamacare. “The only way to provide health care to all Americans at an affordable cost is by instituting some form of publicly-administered nonprofit system…” (2). By, “publicly-administered nonprofit system”, she means a system that supplies universal health care at half the cost, such as Medicare, which is a single-payer system.