At the present time, millions of Americans are finding out they are going to lose their current health insurance coverage due to non-compliance issues with The Affordable Care Act. If you read the Affordable Care Act when it was passed, you would of known it was dishonest for President Obama to claim that “if you like your plan, you can keep your plan,” as he did—and continues to do—on countless occasions (Roy, Par. 2). The reason behind the policy cancellations, The Affordable Care Act has many “essential health benefits” requirements t...
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...d reduction of uninsured young adults (Cantor 1787). This part of the ACA is helpful for young adults that recently graduated high school or college. As many in the age group of nineteen to twenty-six are only employed part-time or can’t afford the cost of healthcare coverage. The benefits of this new reality to young adults and their families are clear, but this trend is not without costs. In particular, family premiums will increase as more young adults are enrolled (Cantor 1787). As many insurance policies tend to have significant premium increases if you are insuring dependents. Another downfall of the ACA dependent coverage rule is that monthly premiums and taxes are likely to increase. The ACA is relying on the young and healthy to purchase plans expecting them to be less likely to utilize the insurance, offsetting the high cost of insuring the old and sick.
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