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Pros And Cons Of Obamacare

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Patient Protection and Affordable Care Act which is also known as “ObamaCare” is something that was created by the President Barak Obama in order to improve the health care industry. It was signed into law on March 23, 2010 but was upheld by the Supreme Court on June 28, 2012 (ObamaCare Facts, 2015). The goal of ObamaCare is to give access to more affordable, quality insurance to Americans all while reducing the spending growth of U.S. health care. It makes private and public health insurance more affordable, available and higher in quality. ObamaCare Facts states, it “doesn’t regulate your health care, it only regulates your health insurance” (ObamaCare, 2015).
Open enrollment for 2016 started November 1, 2015 and will end January 31, 2016. Open enrollment is the only time people are able to get the Minimum Essential Health Coverage with actually having to qualify for a special enrollment. There are other options outside of open enrollment, which are Medicaid, …show more content…

ObamaCare has a lot of benefits that most people don’t even know about because people are always quick to talk about the negative before the positive. For example, it allows young adults to be under their parent’s insurance plan until you are the age of 26 and who wouldn’t want to have the responsibility of dealing with insurance until that age? This added three million previously uninsured young adults. Another advantage to ObamaCare is that it stops insurance companies from denying you coverage or even charging you more based off of your health status (ObamaCare, 2015). ObamaCare is requiring large businesses to insure their employees as well as helping out small businesses with a tax break for offering insurance to their employees as well (ObamaCare, 2015). This requires businesses with fifty or more employees to provide health insurance but they also receive tax credits to help with the costs (About.com,

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The Employer Mandate If you have a job at a business with at least 50 full-time employees, the employer mandate requires businesses of that size to provide access to employer sponsored coverage. The employer typically subsidizes the cost of coverage. The premium should not come to more than 9.5 percent of the employees income.

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There are three ways it reduces government’s health care costs, raises taxes on higher families and some businesses , and it costs burdens to healthcare providers and pharmacy companies ( 10 Obamacare Pros and Cons). The acts also covers sick people, which requires an increase of everyone’s cost of insurance, it affects the people who don’t have or want health care have tax penalties. Pharmaceutical companies pay an extra eighty five billion dollars in fees, which could make drugs cost rise if the companies pass on to consumers, which is bad for the economy, just like how three to five million people have lost their company sponsored healthcare plans, because the ACA taxes people who don’t have insurance, that stirs up anger in the US. In 2013 the ACA raised the income tax for one million people with incomes over $200,000. There are four million couples filing joint returns on incomes over $250,000 (10 Obamacare Pros and

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Obamacare,(Patient Protection and Affordable Care Act), was one of President Obama’s major contribution during office. Obama aimed to improve the affordability and accessibility of insurance throughout the U.S. The goal was to increase the number of insured citizens and expand public and private insurance companies. To achieve affordable and accessible healthcare, President Obama made new provisions in four categories which include, coverage expansion, insurance market reforms, taxes, and insurance exchanges. Coverage provisions require uninsured individuals to buy insurance or else face a tax penalty.

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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.

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Some analysts do raise concerns. Many young people could drop their ACA insurance and venture outside the markets established by the ACA. Under an executive order from President Trump, insurance companies were encouraged to establish out of ACA market plans that would be enticing to young people. While these plans do have the potential to be cheaper, it comes at a loss of quality of care. Many of these plans do not cover the same treatments that their ACA plan would otherwise cover (All Things Considered).

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In 2010, the President Protection and Affordable Care Act, which was also known as Affordable Care Act(ACA) or Obamacare, was enacted by Congress and signed by President Barack Obama. It made a huge change to the American health insurance system, not only at preventing insurers to refuse to sell insurance to consumers because of an existing condition, but also at covering all kinds of disease. One of the big goals of Obamacare is to provide more access to citizens, which also is the expectation of the Second Bill of rights claimed by Franklin D. Roosevelt. Obamacare is a typical example of social policies which provide public services to guarantee the well-being of all citizens. Basically, they consist of welfare programs that aim at eliminating insecurity, lowering the poverty rate, and providing social welfare.

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As I am sure you are aware, President Trump has recently moved forward with his plans to repeal Obamacare, also known as the Affordable Care Act (ACA). This act, signed into law in 2010, has provided, as the name suggests, affordable health care to Americans. Along with this new accessibility, ACA also made it less likely for someone to be turned away due to preexisting conditions as well as provide tax credits to lower income participants. According to Tami Luhby of CNN, “a total of nearly 30 million people would become uninsured if lawmakers repeal but don’t replace Obamacare” (23). On top of the possibility of losing Obamacare, in the most recent budget report, Medicaid is facing a one trillion dollar cut over the next decade.

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This act was created by Obama to help the people in the United States who do not own healthcare. It was estimated to help 15% of our population making it a great idea. With every good idea, there are some flaws though, such as the rise in cost. For example, “analyzed initial rate estimates from eight states and found that premiums for “silver” plans (the most popular plans) are rising 18% next year, after a 12% increase this year” (Adamczyk), and the premium is expected to rise even more in coming years. This is why President Trump wants to create Trump Care and eradicate Obamacare.

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Why Obamacare should stay implemented “It is unconscionable that Congress might restrict vital health care from the very people they are trying to protect.” David Stacy, Government Affairs Director of the Human Rights. President Donald Trump continuously makes remarks about Obamacare being bad for our economy but he deliberately neglects to mention the positive benefits of the program. The Affordable Care Act (ACA), also known as Obamacare, was enacted on March 23, 2010.

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There are a few pros that the Affordable Care Act has had since its inception. One is that millions of uninsured Americans now have access to healthcare. This allows for people to go to a regular provider and not abuse the emergency room department. ERs are now able to treat those who have medical emergencies versus those who are coming in for a common cold. People who are of low income, young adults, blacks, and hispanics have all had an increase in those who now have healthcare.

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The Affordable Care Act is a United States federal statute put in place by the 111th United State Congress and signed into Law by the President Barack Obama on March 23, 2010.

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Before this Act, a lot of people went without preventive care because of financial obstacles. Obamacare makes preventive care more affordable and easily assessable by requiring health plans to offer a wide array of in-network preventive services and treatments for American people, with no out of pocket costs to the person, such as copayment, co-insurance or need to meet a deductible. This a great benefit for American people and it’s making a great difference in the society. Obamacare recognizes the right of everyone and providing better medical care to its citizens it’s an essential.

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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.

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Enrollment periods are only open for a limited time, so everyone must make sure they apply in the time it is open or they will have to get coverage by another plan. Purchasing these health care plans could come from the provider, through work, broker, Medicare or Medicaid, or from your states health insurance official

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Obama Care also known as the Affordable Care Act signed in by president Barack Obama in 2010, This was to insure that all the Americans will have free access to medical care if they got sick and it would will help reduce the growth of healthcost spending in the country, hence in economic and stability growth among the citizens of America. Right now in the USA the ObamaCare law is a permanent part of the landscape, The USA republicans said that, despite the high court decision upholding various subsidies, the law itself remains the largest and dangerous threat to health care. Although it has its own benefits, Obamacare is increasing costs for hardworking families. Republicans argue that many people have to pay higher costs or see their former policies canceled. Which is leading to poor economy and increasing of debts and deaths within the country.

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