Obama Care is a health care law aimed to reform the health care system in America. Its main goal is to give more Americans easy access to good and affordable health care and reduce its spending in the United States. Obama Care regulates health care insurance, not health care as many people come to think of it. This means that it does not replace Medicare or Medicaid; it helps individuals have it at a more affordable price. The Affordable Care Act was signed into law on March 23, 2010 by President Obama and was later upheld on June 28, 2012 by the Supreme Court.
The Patient Protection and Affordable Care Act of 2010 was put in place to provide Americans with a reasonably priced and cost effective health care system by designing an insurance system that put low costs in place and expands coverage. Also known as Obamacare, this new healthcare system could actively effect the economy we live in today in many different aspects, both positively and negatively. On a positive note, the Affordable Care Act can affect our nation in a beneficial and convenient way. The ACA will help expand the number of citizens in America with healthcare insurance. In an article by Ezra Klein, a Washington Post journalist, she discusses the positive effects of the Affordable Care Act on our nation's economy.
Another way Obama wants to change the health insurance companies is to expand coverage and improve the care given. What this means is people with cancer could possibly get health insurance in a case where no one else would cover them. This will also help to lower insurance plan costs. There are pros and cons to Obamas healthcare plan, but it might not be worth the cost or the problems to try and enact it. Under the government plan, businesses would be required to pay a fee for subsidizing insurance, or they would be required to supply mandatory healthcare for employees.
The Affordable Care Act, more commonly known as Obamacare, is a new health policy created by the American federal government. Its purpose is to make healthcare more affordable and friendly for the people. Unfortunately in some way that does not prove to be the case. It is becoming apparent that Obama may have made some misleading statements to help get the ACA put into action. The ACA is sprinkled with many flaws that call for a reform such as people’s current plans being terminated, high costs, and at minimum some people’s hours being cut by their employers.
The he Patient Protection and Affordable Care Act is expected to improve the quality and efficiency of US medical services for all US citizens. It is also planned to improve public health. All of these things make the act sound great, but will they really work that way? The cost of Medicare in the US is actually causing the poor to receive low quality care in the end. There is a big debate on whether it will help or harm seniors when everything starts to change.
As of 2014 we are presented with a new health care plan for America. The Affordable Care Act (ACA), better known as Obamacare, was brought up by President Obama in 2010 and was upheld by the Supreme Court in 2012. Obamacare’s goal is to give more Americans access to affordable, quality health insurance, and to reduce the growth in health care spending in the U.S. The Affordable Care Act puts consumers back in charge of their health care. According to information released by the Centers for Medicare and Medicaid Services, under the law, a new “Patient’s Bill of Rights” gives the American people the stability and flexibility they need to make informed choices about their health.
On Obamacarefacts.com, it states that the “goal is to give more Americans access to affordable, quality health insurance, and to reduce the growth in U.S. health care spending.” The website also lists pros like the new benefits of Obamacare which essentially protects against the unjust actions of the for-profit health care industry. Another pro is its claims to stop gender and health status discrimination. The ACA no longer allows insurance companies to deny or overcharge coverage and professes to expand Medicaid as well (Obamacarefacts.com). The bill also requires businesses to give employees insurance coverage. A large plus of Obamacare is that it makes sure all plans cover minimum benefits as well.
So don’t panic yet if your state doesn’t run a health exchange; the federal government will be setting up health exchanges of their own that you may be able to use. If you have a high income you will also be able to buy a plan through an exchange and its price will still most likely be lower than if you had purchased on the private insurance market pre-Obama Care.
High blood pressure and diabetes can be better regulated in low-income individuals leading to fewer deaths caused by these diseases. Furthermore, millions of Americans will be able to afford the prescription medications they need. Every state that is opting out of the Medicaid expansion has a republican governor that is against the program. Maybe these states should care more about their residents than politics.
Since people will be more eligible for ObamaCare with less working hours and less pay, they will also take more vacations and breaks. Retirement will than occur early because people will not rely on a job for health care. Working less and retiring early is due to the ACA law. One of the threat the ACA is presenting is the risk that is presented to the small businesses“….businesses will decide to reduce their hiring or shift their demands to part time hiring either to stay below the threshold of 50 full time or equivalent work... ... middle of paper ... ...e taxes (and US spending) and force people to get coverage. Small businesses employ 50% of Americans if they are not growing than the economy will not grow, people (more than $250,000 a year) that don’t need health care from Obama will pay for the ACA in an indirect way while forcing the eligible for ObamaCare to get covered.