With the rate of the uninsured reaching 16.3 percent, President Barack Obama enacted the Patient Protection and Affordable Care Act in March of 2010 to reduce the cost of insurance, therefore ensuring that all Americans are able to attain virtuous quality and reasonably priced healthcare (Highlights 2010). This law encloses various new provisions: the requirement of individuals to purchase health insurance and fining those who do not; the requirement of employers to provide affordable health insurance to their employees and again fining employers who do not comply; the establishment of healthcare exchanges regulated by the government; and the subsidizing of insurance in great amounts only for the elderly and underprivileged (Eddlem). While the Affordable Care Act wou...
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...lth Insurance Rating Rules: Destabilizing Markets and Driving up Costs." The Heritage Foundation. N.p., 20 Jan. 2011. Web. 29 Oct. 2013.
"Health Insurance." Highlights: 2010. N.p., n.d. Web. 29 Oct. 2013.
"Health Plans Find Health Insurance You Can Afford." Health Insurance Online. N.p., n.d. Web. 29 Oct. 2013.
Levey, Noam N. "Soaring Cost of Healthcare Sets a Record." Los Angeles Times (Los Angeles, CA). 04 Feb 2010: A.1. SIRS Issues Researcher. Web. 28 Oct 2013.
Moffit, Robert E., Ph.D. "Individual Mandate: A Violation of Personal Liberty and an Attack on Federalism." The Heritage Foundation. N.p., 18 Jan. 2011. Web. 29 Oct. 2013.
Weissmann, Shoshana. "Why I'm Not Signing Up For Obamacare and You Shouldn't Either."PolicyMic. N.p., 9 Oct. 2013. Web. 29 Oct. 2013.
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