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Pros And Cons Of Obamacare

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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. 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. Effective in 2011, a total of $1.5 billion dollars was refunded. In addition, insurance companies can no longer cheat people out of coverage due to pre-existing …show more content…

An ideology is defined as a cohesive set of beliefs or values that forms a general philosophy about the proper role of government. Ideologies separate into four main categories in the U.S., but for this paper the focus is on liberalism and conservatism. Liberalism is a belief in using the government for economic regulation and redistribution but not for preserving traditional values. While conservatism beliefs are for governmental preservation of traditional values but not using it for economic regulation and

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Another achievement is the increased coverage for preventive services. The ACA mandates that insurance plans cover preventive services without cost sharing, thereby promoting early detection and preventive care. This has resulted in an increase in the utilization of preventive health services, leading to better health outcomes and reduced healthcare costs (McKenna, Carlson, & Green, 2018). Unintended Consequences and Challenges: Despite the achievements, the ACA also brought some unintended consequences and challenges. One of these is the rising cost of premiums and deductibles.

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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.

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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

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Executive Summary Name Date Back in 2010, President Obama and Congress passed Affordable Care Act commonly known as Obamacare. The intention of this act was good since it aimed to ensure all Americans were able to access health insurance. Most importantly, the act aimed at reducing the cost of healthcare. That would scale down the increasing cost of Medicaid and Medicare since these two programs were threatening to take over the whole federal budget.

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"What if I cannot afford Obamacare?" There is no straight forward answer to this question in part because "Obamacare" is a colloquial expression that refers to a 1000 page piece of federal legislation formally known as the Affordable Care Act. Thus, there is no one policy or program known as Obamacare. In fact, the piece of legislation in question is a comprehensive approach to making health care coverage more accessible to Americans under our existing patchwork of diverse programs.

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President Obama spent eight years in office. His presidency was characterized by many challenges that have been much spoken than the great projects that he was able to accomplish during his two terms in office. One of the most controversial successful projects by President Obama was the signature Health Care Program. It was an initiative that was passed through the legal systems to ensure that Medicare was affordable to all taxpayers regardless of their economic or social status in the society.

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Before President Barack Obama, there have been many other presidents (good and bad alike) that have tried to reform and expand health care. Presidents such as Harry Truman, Richard Nixon, Bill Clinton, and Lyndon B. Johnson have all tried to expand health care during their time in office. Obama has been the first to finish the ongoing project of his predeccesors. With the passage of the Patient Protection and Affordable Care Act, President Obama had to deal with huge criticism from the Republican Party and the citizens of the United States. Since Obamacare has been ruled constitutional, people everyday argue about whether Obamacare is good or bad for the country and themselves.

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Also, A study 2007 by the American Journal of Sandoval 3 Medicine found that approximately 62 percent of all personal bankruptcies were due to medical bills and Hospital Executives continue to make millions of dollars in profit while consumers struggle to pay their ever increasing medical costs. This is just a few examples of the low quality of health insurance in America before the Affordable Care Act and how it led to the Affordable Care Act to be passed in order to decrease the cost and increase the quality. The Affordable Care Act was signed on March 24, 2010 by President Barack Obama. The Act has many features that are beneficial to Americans.

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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.

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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.

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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

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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).

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During his first term, President Barack Obama enacted the Patient Protection and Affordable Care Act (PPACA), also known as the Affordable Care Act (ACA) or Obamacare (Wikipedia Contributors). Since being enacted, Obamacare has impacted the healthcare industry in many ways. Though several merits of Obama’s legacy bill have been hotly contested, there is little room to argue that it has not resulted in higher out-of-pocket costs for the middle-class American. (Thesis)It is for this reason that I believe Obamacare should be reformed in order to make healthcare truly affordable. Obamacare expanded coverage to millions of previously uninsured people through the expansion of Medicaid (Garfield et al. 1).

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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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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.

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