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.
The Affordable Care Act was a health care act that was established by the federal government to expand and improves access to care and curb spending through regulations and taxes. Each state could decide to participate or not. The act was adopted as law by US Fisher02 President Barrack Obama in March 2010. The goal of this act was to reform the current health care in the United States.
Worst yet, people cannot keep the plan they like. Based on evidences, insurance companies had canceled plans of more than 1 million people, because they didn't comply with the ACA’s 10 essential health
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.
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.
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
“The Patient Protection and Affordable Care Act (PPACA) – also known as the Affordable Care Act or ACA – is the landmark health reform legislation passed by the 111th Congress and signed into law by President Barack Obama in March 2010.”1 This law was enacted in a bid to improve quality of health care, access and affordability of treatment for Americans.2The ACA significantly expanded existing health laws such as the Medicaid and SCHIP (State Children Health Insurance Program, also known as CHIP) in order to reduce the number of uninsured and improve health insurance coverage to Americans. In the United States of America, Medicaid is the largest health insurance program covering nearly 70 million Americans with low income and persons with disability.3 CHIP on the other hand provides health coverage at affordable rate to children in families whose income is too much money to qualify for Medicaid.2 The ACA created a new coverage avenue for uninsured adults who were not eligible for and/or enrolled in the Medicaid program, this was done by expanding eligibility for non-elderly adults (under age 65),
When the Democratic Party and Republican Party argued for the Patient Protection and Affordable Care Act, people were facing the influences which came from the Affordable Care Act. The reduced quality of healthcare and higher premiums are the main disadvantages which influenced people because the number of people who have joined the Affordable Care Act has been explosive. According to the Congressional Budget Office estimated from 2012 to 2022, the U.S.A. has 80% Non-elderly Population who are uninsured population, they were under the participate the Affordable Care Act since 2012, it grew at a rate of 2% every year from 2012 to 2016, and maintain at 90% (Congressional Budget Office). As a result, the doctors and nursing personnel who accepted
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.
As the United States progresses into the twenty-first century, so does the health care system. While gridlock in the U.S. House of Representatives succumbed, President Obama and his administration celebrated with the passing of the Affordable Care Act in 2010. Despite millions gaining access to health care and becoming insured, the law brought much opposition. The opposition argues that the law is too controversial and that the flaws have worsened the health care system. However, the various flaws of the care act are outweighed by the many beneficial factors.
Affordable Care Act On March 23, 2010 President Obama signed the Patient Protection and Affordable Care Act (ACA), a complex and controversial piece of legislation that has many in favor of its regulations and those who oppose its regulations. Some politicians want to repeal the ACA. Though the goal of the ACA is to increase health insurance coverage, illegal immigrants are still excluded under the law (Washington Post – Landmark, 2010). However, this reflects a lack of access and right to health care.
The Affordable Care Act (ACA) is legislation that was passed in 2010, to increase health insurance coverage for the citizens of the United States. Since the ACA has been implemented, I believe it has had both positive and negative feats. One aspect about the ACA I like is that it helps expand Medicaid to individuals living under 138% poverty level. In July of 2016, this directly applied to me. If an individual doesn’t have enough money, they won’t get penalized for not having insurance, however, to be in the School of Pharmacy, it is a requirement to have insurance.
For instance, the ACA was known as the health care reform, which has had many failed attempts to pass in Congress because of the controversies the Democratic and Republican parties had about the bill. According to Smith et al. (2014), the impact of the ACA has increased the amount of patients who are seen on a daily basis in a hospital, by decreasing some of the cost for patients and ensuring that majority of the American people have healthcare coverage. Having medical insurance prevents taxpayers from being fined when they file their taxes. However, since there are still some individuals who are uninsured, they are fined by the government during tax season, thus increasing their expenses even
Laura Knighton Course Introduction Assignment “Currently, more than 45 million Americans lack any form of health insurance.” (Chau, 2008, p. 1). When President Obama introduced the Affordable Care Act also referred to as ObamaCare, it was not openly accepted by most people, however U.S. citizens should reconsider what this Bill means for those who are in a lower class with few opportunities to health care. There are far more pros to the Affordable Care Act than cons.
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.
