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Pros And Cons Of Obamacare

1106 Words5 Pages

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. Medicaid, …show more content…

On average, medical costs in the United States are 2X more than other developed countries. A large part of this is due to the uncharacteristic lack of government involvement. I believe that if the government helps regulate the prices of services and medicine, then the impact of not having Obamacare or cutting Medicaid’s budget would have less of an adverse effect on the population. There are many ways the price of health care could be reduced, but a way the government can directly impact this issue is by negotiating prices. If this were to happen, the need of high coverage health insurance could decrease. When people aren’t having to pay upwards of $500 for their child’s inhaler or about $16,000 for an emergency appendectomy. Health care prices in this country are absolutely out of control. When business moguls get their hands-on life saving medicine or medical procedures and then exploit those who need them in order to make even more money, the masses are faced with the inability to pay for something that could save their

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