ipl-logo

Pros And Cons Of Obamacare

672 Words3 Pages

I. Policy overview of the Graham/Cassidy Bill Affordable health care, this has been an ongoing issue for the United States for many years. The Graham Cassidy Bill is a revised version of a failed Affordable Care Act repeal bill that could not get the votes needed to pass back in July 2017. The President and the Republican Senators are trying to make good on their campaign promise to repeal and replace Obamacare, official name is Patient Protection and Affordable Care Act (ACA), which is a law enacted in 2010. ("Talk:Patient Protection and Affordable Care Act/Archive 1", 2015) This law was to ensure that all Americans had access to affordable healthcare. The Graham Cassidy Bill, which was designed by Sens. Bill Cassidy (R-La.), Lindsey O. Graham (R-S.C.), Dean Heller (R-Nev.) and Ron Johnson (R-Wisc.), wants to remove the responsibility of managing the ACA from the Federal government and put it into the hands of each state. The federal government wants to stop funding the ACA directly, instead provide block grants to each state so they can develop their own healthcare systems as they see fit. It would also allow states to waive many ACA regulations, such as the individual mandate that requires most Americans to have health coverage or pay a fine. (Kim Soffen, 2017) …show more content…

These subsidies are based on income, age and geography. These subsidies will be eliminated under the new plan and it would be up to the states to determine if they wanted to use money from their block grant to provide subsidies. Cost-sharing subsidies would also be eliminated. Another way people will be able to cover their healthcare costs is thru a health savings account, which currently Individuals can contribute up to $3,400 and families up to $6,750 to pretax. The new plan will allow people to contribute more, making HSAs more attractive. (Kim Soffen,

Show More
Related

Pros And Cons Of The Affordable Care Act

174 Words | 1 Pages

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.

Read More

Pros And Cons Of The Affordable Care Act

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

Pros And Cons Of The Affordable Care Act

288 Words | 2 Pages

The Affordable Care Act also nicknamed Obamacare, was enacted by President Barack Obama on March 23, 2010. This act made it to where hospitals, and physicians would have to change their practices financially, technologically, and clinically to make better outcomes, and lower the costs of providing medicine to patients. This act was designed to increase health insurance quality and affordability, and lower the number of people that were uninsured. It introduced mandated, subsidies, and insurance exchanges. This act also requires that all applicants be accepted despite sex, and pre-existing conditions.

Read More

Pros And Cons Of Obamacare

833 Words | 4 Pages

This will help the part of the community who are unable to afford the pricey health care costs. The federal government provides tax credits based on one’s income in relation to the poverty line by 4 times. While many state’s government expanded Medicaid coverage to people earning up to 133% of the poverty threshold. A new insurance market reform discusses the “medical cost ratio” requiring the insurance agencies to spend a minimum of 80% of premiums collected on patient care. However, if insurance payments result in less than 80%, a rebate must be provided.

Read More

Affordable Care Act Pros And Cons

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

Pros And Cons Of Obamacare

859 Words | 4 Pages

The need for a national health care is a necessity in the United States, and current laws should be maintained and reformed to meet the medical needs of its citizens. Obamacare or the Affordable Care Act is a federal program that provides and demands insurance be given to all citizen without discrimination. Obamacare is a policy that must be kept and constantly updated to fit the medicinal needs and keep health insurance at a much lower expense. This is a liberty that needs to be provided by the government to keep healthcare affordable and obtainable. It should not be deprived from the people.

Read More

Affordable Care Act Pros And Cons

1443 Words | 6 Pages

Affordable Care Act, (ACA) also nicknamed “Obamacare,” is a United States federal statute enacted by the 111th Unites States Congress and signed into law by former President Obama on March 23rd 2010. It represents the U.S healthcare systems most significantly regulatory overhaul and expansion of coverage since the passage of Medicare and Medicaid in 1965. (NCBI)The Affordable Care Act offers essential benefits that range from covering hospitalizations to mental health care to prescription drugs. A primary goal of it was to make sure all Americans or nearly all obtained health insurance. It created insurance exchanges for those seeking individual coverage and expanded Medicaid for low-income adults.

Read More

Obamacare Social Aspects

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

Obama Care Pros And Cons

1712 Words | 7 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

Read More

Obamacare Pros And Cons

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

Pros And Cons Of Obamacare

1236 Words | 5 Pages

The whole Senate, Hospital and Medicare Organizations, and even a few Republicans are opposing this bill. The whole Senate is opposing the bill. The republicans that are opposing the bill are Rand Paul, John McCain, Susan Collins, Lisa Murkowski, Ted Cruz and Mike Lee. The organizations that are opposing this bill are AARP, AMA, 6 physician groups, American Cancer Society Cancer Action Network, 15 Patient Groups and Children’s Hospital Association. The whole senate is opposing this bill because they believe in Obamacare and that the Republicans are just trying to find a way to get rid of it.

Read More

Affordable Care Act Pros And Cons

1753 Words | 8 Pages

The Patient Protection and Affordable Care Act is a “comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”). The law has three main objectives: make affordable health insurance available to more people, expand the Medicaid program coverage, and support innovative medical care delivery methods designed to lower the costs of health care generally.” (Affordable) There was extensive controversy and argument over the ACA bill when it was presented to lawmakers; “conservatives objected to the tax increases and higher insurance premiums needed to pay for Obamacare. Some people in the healthcare industry are critical of the additional workload and costs placed on medical providers. They also think

Read More

Pros And Cons Of The Affordable Care Act

523 Words | 3 Pages

The Affordable Care Act, also known as ACA, PPACA, or “Obama Care” was signed into law by president Barack Obama in March of 2010. It was a law that addresses the idea that all Americans should have access to affordable health care. It’s goal is to make affordable health insurance available to more people by providing subsidies that lower costs for those with incomes between 100% and 400% of the federal poverty level (ACA, 2018). That is a measure of income recorded every year used to determine if one is eligible for certain benefits provided by the state. They also work forwards expanding the Medicaid program to cover all adults with income below the federal poverty level and lower the costs of healthcare generally.

Read More

Obamacare Needs To Be Repealed Essay

2048 Words | 9 Pages

Although it was signed into law back in 2010, people had a deadline, which has changed twice, in which they were supposed to purchase a healthcare plan either on their own, or through healthcare.gov, which offers low rate insurance plans (obamacarefacts). The law was not totally in place until this past February, but people are still able to purchase healthcare through healthcare.gov. The law is very well rounded and it stands for a good cause. The people who cannot afford the healthcare really do like the idea of having reduced rates so those who cannot afford healthcare can now somewhat afford it at a reduced rate (sba.gov). Those not being able to be treated for injuries or illnesses now do not pay completely out of pocket, but are helped, and can be treated instead of having to deal with the issues they are having.

Read More

Obamacare Argumentative Essay

366 Words | 2 Pages

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.

Read More

More about Pros And Cons Of Obamacare

Related Topics

Open Document