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Argumentative Essay On Obama Care

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Healthcare costs in the United States are constantly rising straining the budgets of families and employers. As a result of the rising healthcare costs, insurance premium rates have been also increased. The premiums rates are increasing more rapidly than income which is part of the reason why Americans aren’t able to have access to affordable health insurance. Although the Affordable Care Act has been passed, there are many people still uninsured. The purpose of the Affordable Care Act was to improve the quality of care, provide more Americans with access to affordable insurance, and minimize healthcare spending in the United States. Health insurance premiums aren’t controlled, they are just supported based on income, but cost sharing and benefits are controlled by the ACA (What is ObamaCare | What is the Affordable Care Act?, n.d.).
The major cause of the insurance premium rate increases under the Affordable Care Act is the requisite for insurers to cover high-risk consumers. Research shows that premiums seeing average rise in premium growth of only 4% in 2015. Everyone isn’t expected to see rates go down or stay the same because the cost of insurance premiums vary by the region. Insurance industry profits are not a significant driver of …show more content…

Most of the changes consisted of delays. One of the major delays was made in 2013 which was a one year delay in requiring firms with over 50 workers to provide insurance. This delay was set in place because the needed systems were not in place for these changed to be implemented (Greenberg, n.d.). Another important change was a policy change to allow consumers to get federal subsidies if they purchase health plans outside the new insurance marketplaces, to avoid people from being left without coverage because several state ran exchanges are still suffering from technical faults

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Firstly, Health Republic Insurance of New York could have adjusted its premium rates to reflect the high-risk nature of its enrollee population. The insurer had many sick and elderly members who required costly medical treatments. By raising premiums to reflect the risk of insuring this population more accurately, the insurer could have generated additional revenue to offset its medical claims expenses. Moreover, the insurer could have limited the number of providers in its network, which would have reduced the cost of medical treatments. By limiting its network, Health Republic Insurance of New York could have negotiated lower prices with providers and passed those savings on to its

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The ACA has created a model shift in healthcare from a volume-based provision of care and to a quality/value-based provision care. This payment model rewards lower cost and higher quality care. In the beginning of 2015, the department of Health and Human Services was shifting half of their spending not devoted to managed care into accountable care, bundle payments and contracts that reward quality performance and better cost control. This model is not only applicable to Medicare and Medicaid rather to the whole insurance payer models. Many of the largest health systems and insurers, such as Aetna, Ascension, Trinity Health, are working together with a goal of shifting 75% of their business contracts with incentives for quality and lower-cost

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The current premiums under affordable care act (ACA) rose because insurers can't reject people with preexisting conditions. The premise is, fewer package benefits will drive down the costs. People would be able to purchase covers with few benefits and lower premiums. However the budget report indicates out of pocket cost for mental health, maternity health and substance abuse will increase tremendously in some states by thousands of dollars. The GOP AHCA made some changes to win votes including banning insurers charging sick people more money.

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The Affordable Health Care Act is flawed in numerous ways. The premiums are higher than they anticipated them to be. They tried to make it to where everyone would pay the same amount, however it is more expensive to do this. That reason is people that are very sick are in the same health care plan as people that are healthy, and they never visit the doctor. So, healthy people are paying the costs for sick people to go to the doctor.

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Once again as mentioned earlier, Obamacare doesn’t create insurance; it regulates private insurance to ensure you get more rights and protections, and in doing so, helps tens of millions get access to high-quality Affordable Health Insurance. Of course, the health care reform is not without its costs. In order to meet the amount of money needed to help insure the vast amount people, there has been an implementation of new taxes (mostly on high-earners and the healthcare industry). The taxes that may affect you directly are the individual mandate and the employer mandate. In anticipation of the employer mandate, some businesses have decreased employee hours.

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The law also includes upfront spending and more regulations are required in order to realize long term cost cutting measures. Another con of the Obamacare is that since Americans work for large employers, some employees may have new costs involved with insuring their workforce and premiums will be at all-time high that will be passed on to them. Others will see a decrease in the quality of plans offered by employers. These reasons can make it difficult for someone to commit to the plan, but Obamacare is assessable to everybody with affordable prices.

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The Effects of PPACA on the United States Over 44 million people in the United States currently do not have health insurance. With the Supreme Court’s ruling on the Patient Protection and Affordable Care Act many Americans can receive health care coverage. The Patient Protection and Affordable Care Act (PPACA) is the 2010 health reform act that could extend coverage to 32 million Americans. The PPACA was enacted to increase the quality and affordability of health insurance, uninsured rate lower by expanding public and private insurance coverage, and reduce the costs of healthcare for individuals and the government. (Wikipedia)

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Once Obamacare was created since many people lost hours and many became unemployed, they couldn’t afford health care because it increased three times the amount it was

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Hospitals situated in areas that have a lower competitive market are more prominent to raise their cost to private insurance when face short revenue from Medicaid and Medicare (Shi, L.,& Singh, D. (2012). Contrariwise, in a more competitive market hospitals will focus on cutting cost rather than increasing prices. Undercurrent government policy the gap between actual cost and reimbursement is debated as a method of payment from a cautious consumer point of view. Meaning that it is paying practitioners and hospitals only for the costs strictly and directly attributable to serving government beneficiaries, (J A Meyer and W R Johnson (2013)). Therefore, the government will not negotiate any prices with businesses.

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It has estimated that 23 million people would not have insurance under the House bill. The Senate fell short to just 22 million. But this bill is

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Healthcare has changed dramatically over the past few years. With the development of the Patient Protection and Affordable Care Act (PPACA), 2010 and the expansion of Medicaid in 2012, many Americans are to afford health insurance. Since it is a requirement that everyone has health insurance, the issue lies with which plan should one choose or how much they are willing to pay for it. There were many reasons as to why Health Maintenance Organizations (HMOs) were formed in the first place. First, physicians wanted to maintain and increase patient revenues.

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With obamacare’s healthcare mandate, everyone must buy insurance, which will keep the prices down and the

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46.8 million Americans were reported as uninsured in 2013, which equivocates to one sixth of the population. Those without insurance have revealed that they risk “more problems getting care, are diagnosed at later disease stages, and get less therapeutic care” (National Health Care Disparities Report) and those insured risk losing their insurance. Inadequately covered citizens are often working-class individuals who simply cannot receive insurance due to uncontrollable inconveniences and therefore jeopardize having medical coverage. In these instances, Americans have a chance of being diagnosed with diseases that they had no opportunity to prevent or could not diagnose them at an early stage of the illness. Patients have suffered unnecessarily due to lack of health care, and “18,000 Americans die every year because they don't have health insurance” (PNHP).

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This in turn affects a health care administrator’s job, because it would be their duty to make tough decisions surrounding the health insurance situation and have resolutions that abide by the company policies while also making employees happy. Ultimately, the bottom line is that the cost of health insurance increases every year. But if there is nothing done about this problem, the unemployment rate will skyrocket and most Americans will be without a job, and not only that, they will be without needed health insurance. There is a solution that just may solve the rising cost of health insurance and help make a Health Care Administrator’s job a lot easier. Overall, it may be said that the cost of health insurance in America is increasing drastically every year.

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Insurance companies are making a huge amount of profit. The profit that these

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