ipl-logo

Obama Care Pros And Cons

1712 Words7 Pages

The Affordable Care Act, a law enacted on March 23, 2010, provided millions of Americans with an affordable health insurance, commonly called Obamacare. Specifically, Obamacare had been enacted to help individuals who do not have health insurance while also reforming the healthcare system and keeping the healthcare spending under control. Although providing Americans with insurance who already do not have it can be portrayed as a positive aspect towards the Affordable Care Act, it comes with a cost that hurts more Individuals than it helps. These individuals will have high premiums, leaving one to pay more in premiums than they could have in a penalty cost at the end of the year. While paying for these costs, Americans will also be paying for …show more content…

This type of policy limits the hospitals and doctors that the insurer can go to while also providing less coverage for patients away from home states. Legislation created tiers of insurance including bronze, silver, gold and platinum. Each tier represents how much the insurance company will contribute to health care costs: 60,70,80, or 90 percent. Each tier contains many different coverage options varying from covered medications to the networks of doctors. The Affordable Care Act mainly targeted the low-income Americans whom could not afford to buy insurance through their employers. Research on this information has proved that plans through the Affordable Care Act greatly differ from plans that individuals can buy from their employers. For example, in a recent article it states “as of late last year none of the plans available in New York had Memorial Sloan Kettering Cancer Center in their network -- an absence that would be unacceptable to many New York-based employers buying policies for their employees” (Rosenthal). This leads to another issue for out of state individuals because these plans are not offered by the Affordable Care Act, which is a problem for these individuals, while taking into consideration that policies from companies may have employees working in more than one state, therefore …show more content…

Eradicating the Affordable Care Act, while replacing it with a more insurer friendly insurance, in many ways can only mean a positive change. Many individuals will be spending less out of pocket because the deductibles will be reduced, along with the co-payments. Improving the network coverages will allow patients to get the coverage from the best of the doctors and hospitals. The lives of the insured individual will not only be improved, but his/her life will be positively affected knowing that he/she will know exactly what coverage one is receiving. A repeal of the Affordable Care Act without a thoughtful transition and all-inclusive plan to maintain health insurance coverage can result in calamity that could further disintegrate the health insurance this country has strived

Show More
Related
187 Words | 1 Pages

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

Read More
1663 Words | 7 Pages

As much as the intention of Obamacare was good, Obamacare had placed politics above patients thus failing to protect the well-being and health of Americans. To find a solution it is important to assess the alternative of Obamacare, and if it is viable, it should be embraced since it is estimated that by 2050 31 million people will be not be covered by the Obamacare. It is important for Americans to evaluate where they have gone wrong with their medical care by learning from countries which have a medical success plan like Canada and the many of the European nation, for instance, the United Kingdom that has successfully used variations of the single-payer system. Reason Why Obamacare Is in A Mess

Read More
1444 Words | 6 Pages

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

Read More
1513 Words | 7 Pages

The Two Helping Hands Healthcare Act Under the new White House administration and President Trump, Congress has indicated it will vote to repeal Obamacare (the Patient Protection and Affordable Care Act). It was passed into law in 2010 and seen by some people and legislators as a successful plan. Its detractors have been vocal about wanting to repeal it but say some components should be kept for the next generation of this type of health care bill. The obvious question seems to be if parts will be kept, then why repeal it instead of just fixing what needs to be improved? Although there w32are some problems in Obamacare, they can be fixed by updating elements that include lowering health care costs and offering more consumer choices.

Read More
1124 Words | 5 Pages

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.

Read More
859 Words | 4 Pages

Three million to five million people lost their employment-based health insurance when the legislation approved. Multiple business did this because they found it to be more efficient and effective rather than providing care through their Company. Overall, it eliminated the need for smaller businesses to provide employees with coverage, by making individuals turn to the government for adequate care. This decreased the benefits of workers who were previously covered under their employer as part of their

Read More
1437 Words | 6 Pages

In this paragraph i will talking about the political effects of the affordable care act, also how the republicans aren’t in favor of this, and how the democrats are in favor of this act on the political spectrum. Republicans think that people can be uninsured with no problem, and leaving insurers without billions of dollars in promised federal payments. After GOP control the republicans and the white house have damaged the affordable care act, but have fallen short of their goal of dismantling it. President Trump eliminated the bill that would restore the two years of payments that the law guarantees insurers, which was estimated at 8$ billion to reimburse them the discounts the affordable care act health plans must give lower-income customers for out of pocket expenses and deductibles. Also the House of Representatives opposed the bill that would provide about 10$ billion over the next two years to help states create high risk pools to cope with customers with high medical costs.

Read More
551 Words | 3 Pages

Introduction ObamaCare is a US healthcare reform law that expands and improves access to care and curbs spending through regulation and taxes (ObamaCare Explained, 2016). Given my research on ObamaCare I believe that the future effect for employers will be pleasant because of the thousands of jobs it has created and coverage of your spouse and dependents until age twenty-six. Obamacare for Employers ObamaCare formally known as The Affordable Care Act purpose is to increase quality, access, and affordability of healthcare of insurance (ObamaCare Explained, 2016). The law requires United States citizens to obtain health insurance or pay a monthly fee (ObamaCare Explained, 2016). Some pros of ObamaCare is improves Medicare coverage, expands

Read More
943 Words | 4 Pages

With this statement, Rush Limbaugh sums up the Affordable Care Act, which was signed into law on March 23rd, 2010. The Affordable Care Act, or Obamacare, is a major overhaul of the national healthcare system, because it’s supposed to give health insurance to 32 million uninsured Americans by 2019 (Thomma, Steven). However, it needs to be repealed because it is simply an aggressive declaration of government power, and its financial burden

Read More
962 Words | 4 Pages

Sixty-three days is not an unreasonable length of time to be in search of a new job, and the last thing I need to worry about, in the event that I lose my job, is my inability to regain health care for my family and I when I get back on my feet. Because I am only covered through my employer, care for my family and me is not secure. If I change jobs my care will not transfer over and my new job may not cover care for me or my dependents. I do not plan on losing my job, but if I do I want to make sure that I can get coverage again without being tempted to stay out of insurance because the rate of reentry is so high. Even if I stay covered by my employer, this plan still affects me because it will result in a higher number of uninsured in the total population, which will affect the entire U.S.

Read More
1323 Words | 6 Pages

The Affordable Care Act or Obama care is a United States federal statute law that all people must have health care coverage. The Affordable Care was created to make health care affordable while also increasing the quality of health insurance. This law required everywhere

Read More
675 Words | 3 Pages

Affordable Care Act On March 23, 2010 President Obama signed the Patient Protection and Affordable Care Act (ACA), a complex and controversial piece of legislation that has many in favor of its regulations and those who oppose its regulations. Some politicians want to repeal the ACA. Though the goal of the ACA is to increase health insurance coverage, illegal immigrants are still excluded under the law (Washington Post – Landmark, 2010). However, this reflects a lack of access and right to health care.

Read More
525 Words | 3 Pages

Background The Affordable Care Act (ACA) is officially referred to as the Patient Protection and Affordable Care Act was enacted into law on March 23, 2010. It is estimated that prior to the enactment of the ACA, 44% or 81 million people between the ages 19-64 were either uninsured or underinsured in the United States (Schoen, Doty, Robertson, & Collins, 2011). The populations most likely to be uninsured or underinsured are individuals with earning between 133-200 % below the established federal poverty guidelines (Schoen et al., 2011). Consequently, 80% of individuals with earning under $20,000-$39,999 were uninsured or underinsured (Schoen et al., 2011).

Read More
600 Words | 3 Pages

The so-called “Cadillac Tax” scheduled to go into effect in 2018 will penalize employers who provide employees with health plans that come at a higher total-cost, which is typically paid for largely by the employer as a benefit (Murphy).This means that the employer will be forced to provide a cheaper policy (with higher deductibles and/or lower coverage amounts), or pay a 40 percent tax on the plan, effectively stripping the employee of more benefits. Once again, this further burdens those that it is intended to help. It can be argued that Obamacare has accomplished the mission it set out for. The rate of uninsured has dropped from 13.3 percent in 2013 to 9.1 percent in 2014 (Murphy).While this is undeniable, what these numbers do not reveal is that while more people are insured, more are underinsured and paying for insurance that they cannot actually afford to use. This idea is reflected in a study by the Commonwealth Fund, which showed that 40 percent of patients whose deductibles equaled five percent or more of their annual income reported going without needed medical services (Murphy).If the idea of the ACA is to provide everyone with affordable care, then it is not only failing, but also hurting those it is intended to help by further burdening them

Read More
428 Words | 2 Pages

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.

Read More

More about Obama Care Pros And Cons

Related Topics

Open Document