Obama Care Pros And Cons

The Affordable Care Act, otherwise known as “Obama Care” was signed into law by Barack Obama on March 23rd, 2010. Since the first proposal of the act, many citizens and taxpayers have been skeptical about the bill as many argued it would put a burden on taxpayers; while others were enthused by the idea of universal health care. However, the act is beneficial to those without health insurance as it subsidizes the price of prescription drugs and individuals may receive health insurance regardless if they have a pre-existing condition or not. Contrary to the benefits, problems that have arisen are the burden of high deductibles for recipients. In order to fix these problems, American’s must pay higher taxes in order to keep the program alive,

In doing so things such as prescription medications become more accessible to those that are in need of them for an affordable price. Prior to the act, many senior citizens faced the trouble of not being able to afford their prescriptions as their incomes were much too low. However, The Affordable Care Act helps eliminate this problem as it provides prescription discounts for senior citizens. Another, way Obama Care is beneficial is it makes access to health care much more accessible to those who are in need, regardless of economic stance. Private insurers often turn away those who apply that have pre-existing conditions since they are looking to make a profit. With Obama care this is not the case as you cannot be turned away or rejected for having a pre-existing condition. Unlike private health insurers, nationalized health care is not trying to make a profit hence nobody can be turned away. This is beneficial to middle-class families as it takes off the burden of paying expensive medical bills if someone in the family falls

Countries that have been successful with the implementation of universal health care have implemented tax plans that involve taxpayers to pay a higher percentage of their annual income in order to fund their healthcare programs. A prime example of such would be the Netherlands, as they pay higher income taxes opposed to the United States. The lowest tax bracket is taxed at 30%, while the top is taxed at 51%. In contrary, in the United States, the lowest tax bracket is only taxed at 10% while the highest tax bracket is taxed at 39.6%. If the United States wants to be able to afford our Universal Health Care program, we must adopt the economic model of European