The Obamacare And Affordable Care Act Essay

The Obamacare And Affordable Care Act Essay

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On March 23, 2010 the President of the United States, Barack Obama, signed into law the Patient Protection and Affordable Care Act (PPACA), which is commonly called the Affordable Care Act (ACA) or familiarly the Obamacare (Obamacare Facts). The Obamacare is created to make health care more affordable and accessible for people in the United States. The Affordable Care Act guarantees most people will have health insurances as well as reduces the high cost of health care of individual and government.
Before creating Obamacare, million people in the United States do not have enough money to buy health insurance because its high cost. They have no chance to prevent diseases or receive treatments. There was people be denied coverage and treatment because they had a pre-existing condition. To be aware of this condition, President Obama brings the Obamacare health insurance into the marketplaces in order to reduce the cost and for people easier to access health insurances as well. Under the Obamacare, people in the United States have received unprecedented new benefits, right and protections. So, there is no people to be denied coverage for any reasons. Michael E. Martinez and Robin A. Cohen in “Health Insurance Coverage: Estimates from the National Health Interview Survey, January-June 2015” stated that
From January through June 2015, the percentage of persons uninsured at the time of interview was 9.0% (28.5 million), a decrease of 2.5 percentage points from the 2014 uninsured rate of 11.5% (36.0 million). Over seven million fewer persons lacked health insurance coverage in the first 6 months of 2015 when compared with 2014 (Centers for Disease Control and Prevention)
With Obamacare, the Government creates a good condition for unins...


... middle of paper ...


...ent to say that the cost of health care would change “year by year”, but his statement is not groundless. These statistics of The Council of Economic Advisers primary indicate the recent slow growth in health care spending and will continue in the future. Basically, President Obama and the current legislators have partially implemented their promises to reduce the cost of health care, which reflects on the gradually positive changing of the health care prices.
The Congressional Budget Office (CBO) has reduced its projections of future Medicare and Medicaid spending in 2020 by $147 billion (0.6 percent of GDP) since August 2010. This represents about a 10 percent reduction in projected spending on these programs. These revisions primarily reflect the recent slow growth in health care spending. (Trends in Health Care Cost Growth and the Role of the Affordable Care Act)

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