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Affordable Care Act Essay

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Obamacare (Affordable Care Act) The Affordable Care Act ( Obamacare ) is an act that helps get people insurance that can not afford regular insurance. The Affordable Care Act also helps with people who are just moving into America. The Affordable Care Act was established because lots of people were in the world with no insurance or medicaid that really needed the help from the government. The Affordable Care Act was established to make health insurance more affordable for those with little or no coverage such as medicaid or health insurance. This also makes it easier for people in to see doctors when needed then not having anything to help if you have no coverage. The Affordable Care Act’s goal is to expand access to health insurance, and reduce the cost of health insurance. The United States has spent far more money on healthcare than any other industrialized nation. The Affordable Care Act wants to expand Medicaid to the working poor with income up to 133% of the federal poverty level. A set of 10 categories of services health insurance plans must cover under the Affordable Care Act including doctors' services, inpatient and outpatient …show more content…

Yet, someone of these rules and guidelines have already been implemented and put into place. Regulators failed to consider the moral hazards of the new rules, which are a result of people changing their habits because they don't have to worry about the outcomes. Now this is why the Affordable Care Act (Obamacare) has restrictions and guidelines to get the Affordable Care Act. When the understated costs and the overstated benefits are corrected, the three Affordable Care Act (ACA) regulations early retirement reinsurance, dependent coverage up to 26, and pre-existing condition insurance plan clearly fail a cost benefit analysis. We have the restrictions so that the Affordable Care Act will benefit you not hurt

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The affordable care act is a United States statue signed into law by President Obama in March of 2010. It represents the most significant improvement to the U.S. healthcare system since 1965 with the addition of Medicare and Medicaid. Also known and commonly referred to as Obamacare, it was enacted to increase the affordability and quality of health insurance, diminish the rate of the uninsured by expanding public and private insurance coverage while reducing the cost of healthcare for individuals and the government. This law will require Hospitals and doctors to reconstruct financial practices along side with technologically and clinically to advance better outcomes, reduce cost and improve methods of accessibility.

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The Affordable Care Act, (ACA) often referred to as Obamacare, was signed into law March 23rd, 2010 and has quickly become a nightmare to millions of citizens nationwide. While there were fortunate people who benefited from the heavily subsidized and affordable healthcare that was not readily available before ACA was passed, many more people found that their once affordable healthcare was no longer an option due to new ACA requirements (how so?). ACA was designed to extend insurance benefits to roughly 30 million uninsured Americans. The Obama administration aimed to extend Medicaid and provide federal subsidies so lower and middle-class Americans could afford to buy private insurance. This act alone forced millions of Americans out of their

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The Affordable Care Act or Obamacare is a legislature that was passed in 2010 to help expand the coverage of healthcare. The Affordable Care Act is made up of multiple different acts, including The Affordable Health Care for America Act, the Patient Protection Act, Health Care and Education Reconciliation Act” and in the act, there are provisions, as well as some regulations have changed and are expanding the ACA (Obamacare). The Act is broken down into multiple titles with different provisions. Three main provisions are the requirement of essential benefits, the guarantee of Healthcare coverage and the Medicaid expansion. One of the main jobs of the ACA is to ensure protection for Americans when it comes to Healthcare needs.

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The Affordable Care Act The Affordable Care Act is a bill intended to increase the quality of health insurance and lower the costs that Democrats proclaimed would help everyone in the nation, regardless of their ability to pay and regardless of any preexisting condition they might have. Additionally reducing the number of people in the United States not covered by any health care insurance. The Affordable Care Act is the most comprehensive reform to the health care system since the implementation of Medicare and Medicaid in the 1960s. More than 190 years before that, when creating the Constitution, the founders of the United States worked hard creating a system of checks and balances as one of the most important principle aspects of Government.

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1443 Words | 6 Pages

Affordable Care Act, (ACA) also nicknamed “Obamacare,” is a United States federal statute enacted by the 111th Unites States Congress and signed into law by former President Obama on March 23rd 2010. It represents the U.S healthcare systems most significantly regulatory overhaul and expansion of coverage since the passage of Medicare and Medicaid in 1965. (NCBI)The Affordable Care Act offers essential benefits that range from covering hospitalizations to mental health care to prescription drugs. A primary goal of it was to make sure all Americans or nearly all obtained health insurance. It created insurance exchanges for those seeking individual coverage and expanded Medicaid for low-income adults.

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The affordable care act has set up health insurance exchanges to allow americans to shop for individual policies and has also created

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The affordable care act is a United States Federal Statue that was enacted under the Obama Administration in 2010. Since the the passing of Medicare in 1965, the ACA was considered the most forward advancement in the United States Healthcare System. The goal of the ACA was to focus on the inclusion of the entirety of the United States, rather than just a portion of our country. Prior to the

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730 Words | 3 Pages

What is the Affordable Care Act? The Affordable Care Act, also known as Obamacare, is a law that increases the availability, quality, and affordability of both public and private health insurance (ObamaCare). This act refers to two different pieces of legislation, the Health Care Reconciliation Act and the Patient Protection and Affordable Care Act (Affordable).This law was first passed by President Barack Obama in 2010. The main goal of this law was to give Americans the option of having much needed medical insurance coverage (Obama Care). The new ACA of 2016 has had a number of provisions made to it.

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The affordable care act was intended to reduce the numbers of Americans without health insurance, Unites State health care reform legislation signed into law by President Barack Obama in Marc 2010, this reform required that most individuals most secure health insurance or pay fines made that will make coverage easier and less costly to obtain. On the other hand the patient protection and affordable care act (PPACA) also called the affordable care act (ACA) othe greatest health care reform act since Medicare was created is consider Obamacare PPAC in order to keep coverage more accessible and affordable created new entities called American health benefit exchanges, which any individuals and small businesses could purchase coverage. In order to make

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• Health Insurance Exchanges: If you do not have insurance through your employer or the government, you will either purchase it through the federal exchange or your state's exchange. • Low Income Subsidies: Individuals and families with a low income who purchase health insurance through an exchange will be eligible for a subsidy (end note) from the government. • Medicaid Expansion: Medicaid is a state-administered program that was created in 1965 to provide healthcare services to the poor. One of the major provisions of Obamacare was an increase in the Medicaid income, which is used to determine if an individual qualifies for the

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525 Words | 3 Pages

Background The Affordable Care Act (ACA) is officially referred to as the Patient Protection and Affordable Care Act was enacted into law on March 23, 2010. It is estimated that prior to the enactment of the ACA, 44% or 81 million people between the ages 19-64 were either uninsured or underinsured in the United States (Schoen, Doty, Robertson, & Collins, 2011). The populations most likely to be uninsured or underinsured are individuals with earning between 133-200 % below the established federal poverty guidelines (Schoen et al., 2011). Consequently, 80% of individuals with earning under $20,000-$39,999 were uninsured or underinsured (Schoen et al., 2011).

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The Affordable Care Act, more commonly known as Obamacare aims to provide Americans with competent health care for a reasonable price. However, Obamacare tends to hurt Americans more than it helps them. Obamacare proves to not only be a burden on the American economy, but also on doctors, and hospitals. Obamacare costs approximately $50,000 per person, and has been estimated to cost $1.5 trillion dollars in the next 10 years. However due to inflation, most economists predict that the cost for Obamacare will be closer to $2-$3 trillion dollars.

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366 Words | 2 Pages

The Affordable Health Care Act, also known as “Obamacare”, is basically just Obama trying to make sure that the whole nation has insurance and if they do not have it by January 1, 2014, they will be penalized with a fine. To make insurance more affordable, many Americans are able to qualify for a subsidy that lowers the cost depending on age and income. Also, “Obamacare” made it impossible for insurers’ to discriminate, or charge higher rates, for anyone who has pre-existing conditions or for a certain gender. Medicare will also be easier to obtain due to requirement of insurance. This law was passed in the U.S. on March 23, 2010 by Congress and President Barack Obama.

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Before the Affordable Care Act was put into work, over 45 million Americans were uninsured. The Affordable Care Act, also known as Obamacare, was then made to help those who were uninsured. It allowed people with financial struggles with the same opportunity as everyone else to have a healthcare plan. Even though the law was passed in 2010, it took a full year of back and forth to get it passed in the Senate. Obamacare may help you get coverage, but charge you an annual fee if you don’t have one.

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ObamaCare regulates medical insurance, creating quality and availability of Private Insurance. A private Insurance Plan can be purchased through the Health Insurance Marketplace. The PPACA requires that all American citizens obtain health insurance and those who can’t afford it will be qualified for an insurance plan that is covered by the government. The uninsured individuals are subject to a penalty that is paid on their tax return. The uninsured rate of 2015 is 9.2% and it is the lowest for the last 50 years, comparing to 15.7% in 2009.

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