Second, also the tax of Affordable Care Act has disadvantages. According to the Congressional Budget Office(CBO) “Those increases were more than offset by a reduction of $97 billion in the projected costs for the tax credits and other subsidies for health insurance provided through the exchanges and related spending, a reduction of $20 billion in the projected costs for tax credits for small employers, and a reduction of $107 billion in deficits from the projected revenue effects of changes in taxable compensation and penalty payments and from other small changes in estimated spending.” (Congressional Budget Office, March 2012). The Affordable Care Act levied the new taxations include the health insurers, investment income, tanning salons,
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.
The debate over healthcare and health insurance has been disputed over for many years among politicians. The question many of them ask, along with the citizens of America, is simply whether the state or federal government should control health care. While there are pros and cons to both sides, there is a clear answer to this long fought over issue. Health care should be run by states because they manage their health insurance exchanges more efficiently, maintain the cost and quality of health insurance and care, and are constitutionally and lawfully accountable. States should run the health care system because state-run health exchanges are managed more efficiently than federal-run exchanges.
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
Before the Affordable Care Act, Health Care in the United States was obtained in multiple ways. Approximately 33% of Americans received their health care from Medicare which is Health Care for the elderly, Medicaid which is Health Care for the poor, Tricare, and VA. Privately provided Health Care accounted for 50% of Americans, and 16% of Americans were uninsured. 16% equates to about 50 million people. Two major problems faced in the American health care system before the Affordable Care Act, 16% of the population was uninsured and health care costs were rising rapidly.
The Affordable Care Act (Obamacare) is considered constitutional because the penalties collected from uninsured citizens fall under the Congress’ power to levy taxes. In a New York Times article by Adam Liptak, Chief Justice Roberts of the Supreme Court stated in support of the Court’s 5 to 4 vote for implementing the ACA law that “because the Constitution permits such a tax, it is not our role to forbid it, or pass upon its wisdom or fairness.” Kathleen Swendimen states in her CRS Report for Congress that Chief Justice Roberts used similar reasoning in the Supreme Court case National Federation of Independent Business v. Sebelius stating that the “penalty for noncompliance” is validated by the reasoning that “the mandate is not a legal command
When one thinks of the health care system, words that usually come to mind are safety, protection, quality care and the like. We live in a very progressive, very industrialized country as Americans. We have made many technological advances in our sciences. In other words, we are a developed country that provides many opportunities to those who reside here. The foundation of our country is based off of equality, fairness, and justice.
Healthcare coverage has become quite a huge challenge in the nation. The Patient Protection and Affordable Care Act in 2010 has made significant changes in the healthcare industry such as having payment reforms that are tied to quality measures, accountable care organizations, value-based reimbursements and more stringent measures in place to counter healthcare fraud. However, despite the encouraging efforts, the fate of Medicare and Medicaid is in limbo. From the articles assigned for the module, I am more inclined to share my thoughts on Medicaid.
A healthcare system can be evaluated in three main categories: costs, quality, access. The U.S. healthcare is widely considered to underperform in each of these categories. While measuring the quality of a healthcare system is complex, U.S. still comes up short in various aspects including life expectancy and efficiency. [7] [8] The U.S. spends almost 18% of its Gross Domestic Product (GDP) on health care. In perspective, this number is “almost 50% more than the next-highest spender (France, 11.6% of GDP) and almost double what was spent in the U.K. (8.8%).”
McKenzie Corley Ms. Farragut English I, Period 5 16 February 2023 The impacts that the Affordable Care Act has had on American healthcare Many people in America want and need healthcare, but cannot afford it. This is what the Affordable Care Act was made for. This act, passed in 2010, was made to help with healthcare in America.
The Affordable Care Act has major impact on the health care system, some positive as well as negative. Although it provides the Americans people with better health security by expand coverage, hold insurance companies accountable, lower health care costs, guarantee more choice, and enhance the quality of care for all Americans, it also cause major issues for providers and small practices. The Patient Protection and Affordable Care Act will bring several changes in within the health care system (Morrison & Furlong 2014). Some of the areas that will be affected by Patient Protection and Affordable Care Act (PPACA) include the way cares are being provided and cost of care. In addition, Patient Protection and Affordable Care Act will focus on designing
The first major piece of United States health care legislation started with our 2nd president, John Adams who in 1798 signed an Act for the ill-stricken and disabled seamen. Within this act, it stated that from a seamen’s paycheck that twenty cents per month would be allocated to cover any medical bills. Many years have passed with greater technologies, more educated physicians, and health care reform within our health care system. While some health care systems are more technologically advanced with physicians going through extended educational programs, other countries are stricken with disease, have medication and vaccination shortages, and a health care system that is non-existent. Even though the United States has issues within government
Healthcare in the United States is in desperate need of reform. There are several rationales to further explain this proposition. As an illustration, the Declaration of Independence states our unalienable rights: life, liberty and the pursuit of happiness. In other words, every individual should be entitled to healthcare as it preserves life and promotes the general welfare. The federal government should, therefore, enact a program of universal health to better protect and serve all of its citizens.
For this presentation, our topic was researched on U.S. healthcare systems. Since this was a very broad topic, we decided to break it down into three major components of the system in general. Therefore, we wanted to aim to explain the three major components of: before you go to seek medical attention, the management of these facilities once you get there, and the billing and treatment you receive once you have been helped. Within this paper, we will explain each step that the U.S. government has taken in regards of these components.
Health care should not be considered a political argument in America; it is a matter of basic human rights. Something that many people seem to forget is that the US is the only industrialized western nation that lacks a universal health care system. The National Health Care Disparities Report, as well as author and health care worker Nicholas Conley and Physicians for a National Health Program (PNHP), strongly suggest that the US needs a universal health care system. The most secure solution for many problems in America, such as wasted spending on a flawed non-universal health care system and 46.8 million Americans being uninsured, is to organize a national health care program in the US that covers all citizens for medical necessities.