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Pros And Cons Of The Affordable Care Act

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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.
These features includes, quality, affordable health care for all Americans, improvement of public programs and public health, increase of healthcare workers and Community Living Assistance Services and Supports Act (CLASS Act) which finance long term services and care for those with a disability. The Affordable Care Acts provides quality and affordable health care for all Americans by allowing individuals, families and businesses to have control of their health insurance and decreasing the premium cost by providing billions of dollars in tax relief which is the largest …show more content…

Americans have the opportunity to choose a health care insurance that works best for them. For example, the insurance exchange offers affordable choices of private plans that have to compete with their business which is determined by cost and quality. They also receive a tax credit that helps with the cost of paying for their employees’ health insurance. The Act also considers Medicare as one of their priorities. In order to give the best quality of care for senior adults and lower the cost, the Act saves thousands of dollars in drug costs by closing the coverage gap known as the “donut hole.” Doctors, Nurses and Hospitals are currently

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