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The Impact of the Patient Protection and Affordable Care Act

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America’s health industry, primarily the health insurance and pharmaceutical industry, is careless and just plain greedy! I have learned there are about fifty million Americans who are uninsured while the rest who have insurance could become and are “victims of insurance company fraud”(Moore). If you have a certain age or health problems health insurance will deny you no matter what. THE IMPACT OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT ON MIDDLE-SIZED CLASS. THE CIRSIS AND THE NEED TO REFORM HEALTH CARE. HOW WILL THIS AFFECT THE MARKET? The patient protection and affordable care act, PPACA, more commonly referred to as “Obama care”, signed by Obama in 2010, is a health care system that requires insurance companies to cover all applicants and offer the same rates regardless of pre-exiting conditions or gender, amongst other benefits (wiki). There are many pros and cons to this new health care reform that has people rebelling against it while others are begging towards a healthy future. After doing research, I found that in 2014, with Obama care, millions of Americans will have access to reliable, high quality medical care, protecting patients from insurance abuse, and giving our people a better, healthier tomorrow. The PPACA provides benefits to low and middle low income families and businesses while increasing taxes of those in upper classes, to technically support the cost of others who are disabled, and/or unable to afford health insurance. I found that the average American has a lot to gain and little to lose, while making more could notice a negative financial effect; in the end, all Americans will benefit from the additional protection when boiling down to their healthcare. This reform would allow Americans to re... ... middle of paper ... ...eb. 25 Apr. 2014. "Affordable Care Act Summary." Affordable Care Act Summary. Web. 26 Apr. 2014. Hartocollis, Anemona. "New York Will Keep Affordable Care Act Health Plans Restricted." The New York Times. The New York Times, 25 Apr. 2014. Web. 25 Apr. 2014. "Michael Moore: Obamacare Sends over $100 Billion Annually to Insurers."PolitiFact PunditFact. Web. 27 Apr. 2014. Moore, Michael. "The Obamacare We Deserve." The New York Times. The New York Times, 31 Dec. 2013. Web. 27 Apr. 2014. "ObamaCare Facts: Facts on the Affordable Care Act." ObamaCare Facts: Facts on the Affordable Care Act. Web. 27 Apr. 2014. "Patient Protection and Affordable Care Act." Wikipedia. Wikimedia Foundation, 27 Apr. 2014. Web. 27 Apr. 2014. "Pharmaceutical Industry." WHO. Web. 26 Apr. 2014. "Pharmaceutical Industry." Wikipedia. Wikimedia Foundation, 26 Apr. 2014. Web. 26 Apr. 2014.
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