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Affordable Care Act Pros And Cons

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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. Some of these changes include: eligibility, financing, promoting prevention and wellness, and benefits offered (Affordable). Hearing that …show more content…

A few of these benefits include: comprehensive coverage, lower prescription drug costs, coverage for young adults, and no problems for people with pre-existing conditions. The new ACA have required that health plans cover essential health categories. These categories are hospitalization, mental health, maternity and child care, and substance use disorder services. The array of coverage helps people who are starting a family, getting help for an addiction problem, and even testing and treatment for mental problems. Prescription drugs have gone up a little every year. The ACA helps to lower prescription drug costs particularly for seniors. The discount will help save individuals up to five thousand dollars in the next six years. This act has allowed 3.1 million young adults to stay on their parent’s account until the age of twenty-six. This set up allows them to be insured, when they would most likely be uninsured unless it was provided through their job. People who have pre-existing conditions, such as asthma and diabetes, are often denied coverage when applying for medical insurance. The health care act makes it impossible for a company to deny coverage or raise the premiums to the one hundred and twenty-nine million Americans who are under the age of sixty-five who have a condition

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