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Affordable Care Act Pros And Cons

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The Affordable Care Act is a United States Healthcare reform law that expands and improves access to care and curbs spending through regulations and taxes according to ObamacareFacts. This law was created to eliminate the social injustice of insurance companies denying insurance coverage to people with life threatening diseases and to make healthcare more affordable for those who cannot afford it currently. Although the Affordable Care Act has allowed many people to have access to healthcare that once couldn’t before, the ACA has negatively affected small businesses and the working class by increasing premiums and periodic payments. Small businesses got the short end of the stick when it came to Healthcare. They are being forced to pay more to provide their employees with healthcare insurance. According to Sally Pipes of Forbes Magazine, Obamacare is causing employers to reduce wages in order to afford the new policies and premiums- if they aren’t reducing the pay then they are reducing the number of employees. With …show more content…

The ACA is killing small business by charging them outrageous premiums- forcing them to reduce the workforce or cut employee pay. Which altogether reduces the number of taxpayers that keep the ACA afloat. The ACA is creating incentives for Americans not to work- creating a maximum income and other guidelines that have to be met in order to fall under the ACA so they have a lesser premium or amount that must be payed. The ACA has provided many Americans with the health insurance coverage they need but the cost is falling on the middle class. The Affordable Care Act has allowed for many benefits for some Americans, but it has more negative aspects and consequences that can only be read in between the fine lines of the 2,700 page health care

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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 “provides Americans with better health security putting in place comprehensive health insurance reforms that will; expand coverage, hold insurance companies accountable, lower health care costs, guarantee more choice, and enhance the quality of care for all Americans” states in the Affordable Care Act article. The base of the Affordable Care Act is to help the middle class or financially unstable people get cost effective insurance. This is a major benefit for millions of people especially that don’t have a stable job, young adults and many with families to support, and people who retire and can’t afford paying so much money for medical problems. So with that being said, it will be a long-term benefit for millions to

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The ACA is a piece of legislation that attempts to reform the healthcare system. It provides more Americans with Affordable Quality Health Insurance and attempts to curb the growth in healthcare spending in the U.S. the act retains the existing structure of Medicare and Medicaid. The ACA includes rights and protections, rules for insurance Companies, taxes, tax breaks, funding spending and new job creation. ("Affordable Care Act Summary," n.d.) It also mandates individuals to buy insurance and insurers cover essential health benefits; contraceptives being one.

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There are three ways it reduces government’s health care costs, raises taxes on higher families and some businesses , and it costs burdens to healthcare providers and pharmacy companies ( 10 Obamacare Pros and Cons). The acts also covers sick people, which requires an increase of everyone’s cost of insurance, it affects the people who don’t have or want health care have tax penalties. Pharmaceutical companies pay an extra eighty five billion dollars in fees, which could make drugs cost rise if the companies pass on to consumers, which is bad for the economy, just like how three to five million people have lost their company sponsored healthcare plans, because the ACA taxes people who don’t have insurance, that stirs up anger in the US. In 2013 the ACA raised the income tax for one million people with incomes over $200,000. There are four million couples filing joint returns on incomes over $250,000 (10 Obamacare Pros and

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Affordable Care Act The issue of Health care reform and the future sustainability of our health care system— for those in public programs, those with employer-sponsored coverage, or those who continue to be uninsured— is one of the most controversial and complex moral and fiscal public policy problems we face as a nation. The Affordable care act limits patient choice through expansive federal regulation of the insurance market, government interference in the decisions patients make with their doctors and increased dependence on government health programs. The ACA is becoming unaffordable for many individuals.

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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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Many think this will mainly benefit you if you are healthy. People have the option to purchase a lower more cost effective plan but in the situation you become sick then you might exceed the limit of your plan (1). Also, there is speculation that health care cost will rise at a faster pace than under the previous Obamacare. Of course there are other ideas on how to address the Affordable Care Act. Senators Graham and Cassidy would like to use the federal Medicaid funding and insurance subsidies to state block grants, allowing the state to design their own health care programs(1).

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The affordable Care Act (ACA) or what is colloquially known as Obamacare is a federal statute of the United States that was signed into law on March 23, 2010 by President Barack Obama. It is one of the most significant regulatory overhauls of the US healthcare system since Medicare and Medicaid was passed in 1965, together with the amendment of the health care and education Reconciliation Act. Ace what designed for specific reasons: to increase the quality and affordability of health insurance Reduce the number of people who are uninsured ensure that healthcare cost for individuals and the government is reduced For all its good intentions, however, ACA is not widely received with open arms.

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The Affordable Care Act, also known as ACA and ObamaCare, was signed into law by President Obama on March 23, 2010. Since its implementation, the ACA has greatly improved the American health care system by reforming "health insurance, health care costs, and the delivery of care" (French et al.). But its main purpose was to reduce the number of uninsured Americans who were poor and could not afford private health insurance, and people with pre- existing conditions who were denied health insurance. The provisions that have had the most impact are the Medicaid expansion, subsidies, dependent coverage, and guaranteed insurance for high-risk people. As of 2015, 30 million people had insurance under these four provisions (Blumenthal

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According to the IRS, the credits cover up to 50% of an employer’s contribution beginning in January 2014, but there are some guidelines such that the number of full time employees cannot exceed 25 and annual wages cannot exceed $50,000 per employee. According to the NCPA, medium size employers with 50-100 employees may be affected the most because penalties will be assessed at $2,000 per full time employee, excluding the first 30 employees, if they refuse to “offer health insurance coverage to full time workers, and at least one employee receives a premium tax credit or subsidy when purchasing insurance through an Exchange” (“A Skeleton Analysis of Obamacare’s Impact on Business”). Full time workers are defined as working 30 or more hours per

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874 Words | 4 Pages

The Affordable Care Act (ACA) is an act that was passed by President Barack Obama on March 23, 2010. This act was meant to focus on certain areas so it would be able to reform health care in the United States. The ACA focused on making healthcare more accessible, affordable and providing better quality care. The ACA is important in the health care system because it has helped thousands of people throughout our country get insurance.

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Obamacare does not only help the lower class, but it helps the middle class as well. The Affordable Care Act provides the middle class with tax credits on their premiums. ACA also reduces the budget deficit by 143 million by 2022, according to the Congressional Budget Office (CBO), and it also mandates that businesses that have more than 50 employees to have health insurance benefits for their workers. This gives protection to employees and it also helps the budget deficit which

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We are patient advocates and the patient always comes first. The ACA means well but has a lot of teaching and reaching out to do. They also need to have more ways to gets the insurance and make it understandable and what the consequences are of not having it. ACOs can spread the word and make it easier for people to ask questions and get advice. The idea of ACA means well but it needs to be modified.

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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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