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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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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 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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This market place allows for competition and transparency by allowing consumers to review plans side by side and compete for customer services. These plans have expanded preventative health care services and benefits. The ten essential health benefits which must be included in all plans are services like prescription drugs, emergency room services, ambulatory, hospitalization, and maternity, mental health, rehabilitation, and laboratory, pediatric and preventative services. The purpose of the Affordable Care Act was to expand needed service to all Americans who had no insurance or who where under insured. It wanted to fix problems with fee for service programs and make pay for performance reforms to increase efficiency.

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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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Americans have the opportunity to choose a health care insurance that works best for them. For example, the insurance exchange offers affordable choices of private plans that have to compete with their business which is determined by cost and quality. They also receive a tax credit that helps with the cost of paying for their employees’ health insurance. The Act also considers Medicare as one of their priorities. In order to give the best quality of care for senior adults and lower the cost, the Act saves thousands of dollars in drug costs by closing the coverage gap known as the “donut hole.”

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The Affordable Care Act, or also known as Obamacare, was signed into law on March 201o by president Barack Obama. Since the 1900’s many economist, politicians, and citizens have seen that the health system was broken. And the Affordable Care Act is one of the most far-reaching reform acts since Medicare was passed in 1965. Description of the problem that necessitated the policy Because many have seen that many citizens were not getting health insurance, many politicians have tried to implement a system that helps them get insured.

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When the Affordable Care Act took effect, millions of previously uninsured citizens were able to gain access to healthcare, many for the first time. The expansion of the Patient Protection and Affordable Care Act of 2010 (ACA) decreased the rate of uninsured people by providing access to private insurance through health insurance exchanges and premium subsidies for both, low and middle- income families. There are 28 states that now cover children in families with joint income up to 250 percent of the Federal Poverty Level (FPL) and have removed barriers to CHIP and Medicaid enrollment. Despite the increased access to health care, millions of citizens remain uninsured.

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The Affordable Care Act is essentially an act that was signed on March 23, 2010, by President Obama in hopes that it would provide U.S. citizens with affordable and better quality health insurance, and also regulating and reducing health care expenses in the U.S. Prior to the act being signed into law, there were many unsettling things that health insurance companies could do without repercussion, for example, insurance companies where able to deny coverage to a person because of past illnesses, get dropped for making a mistake on application, and also be charged more or less based on your sex. With the passing of the ACA, many of these problems disappeared but some other problems became prevalent. There are many benefits that the ACA brought to the table for example, No annual or lifetime limits on healthcare. Before ACA there where

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The Affordable Care Act (ACA) was introduced to the healthcare sector in 2010. Signed into law by President Obama, one of the goals of the passage of this healthcare reform act was to make healthcare more accessible and affordable. This reform affected all aspects of the healthcare market, including employer-sponsored health insurance (ESHI). One of the objectives of the ACA is to provide a means to insurance coverage for all, especially for those who were previously not eligible for ESHI. The ACA will now require “medium and large employers to offer health insurance coverage to full time workers or pay a penalty” (Merlis, 2011).

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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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This is one of the largest healthcare reforms and contributed to a substantial Medicaid transformation. It a complex legislative plan that intends to increase access to quality care by increasing health insurance eligibility and to cut the United States health care spending. Many provisions have been made by the ACA. One is guaranteed issue, which disallows insurance companies from denying coverage due to pre-existing conditions. All individuals will be mandated to have coverage by Febuary 15th, 2015 and those who do not comply, will incur tax penalties that have started to be phased in already.

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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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