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Stregnths and weaknesses of the affordable care act
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Recommended: Stregnths and weaknesses of the affordable care act
Second, also the tax of Affordable Care Act has disadvantages. According to the Congressional Budget Office(CBO) “Those increases were more than offset by a reduction of $97 billion in the projected costs for the tax credits and other subsidies for health insurance provided through the exchanges and related spending, a reduction of $20 billion in the projected costs for tax credits for small employers, and a reduction of $107 billion in deficits from the projected revenue effects of changes in taxable compensation and penalty payments and from other small changes in estimated spending.” (Congressional Budget Office, March 2012). The Affordable Care Act levied the new taxations include the health insurers, investment income, tanning salons,
WHITE PAPER Application for the Continuation of the current Affordable Care Act Introduction Since the election of our 44th President Barack Obama, one of Americas major concerns is the Affordable Care Act which was enacted on March 23rd, 2010. On January 20th at 9:00am the 45th President Donald Trump was elected into office with the plan of removal of the affordable care act and to re-implement a new form of affordable care instead of the current plan, also known as Obamacare. The most controversial argument is that current The Affordable Care Act is to lackadaisical while the newest plan for The Affordable Care Act takes steps in the wrong direction to change that current program. There are many issues within the new Affordable Care Act such
Before the Affordable Care Act, Health Care in the United States was obtained in multiple ways. Approximately 33% of Americans received their health care from Medicare which is Health Care for the elderly, Medicaid which is Health Care for the poor, Tricare, and VA. Privately provided Health Care accounted for 50% of Americans, and 16% of Americans were uninsured. 16% equates to about 50 million people. Two major problems faced in the American health care system before the Affordable Care Act, 16% of the population was uninsured and health care costs were rising rapidly.
The Affordable Care Act also nicknamed Obamacare, was enacted by President Barack Obama on March 23, 2010. This act made it to where hospitals, and physicians would have to change their practices financially, technologically, and clinically to make better outcomes, and lower the costs of providing medicine to patients. This act was designed to increase health insurance quality and affordability, and lower the number of people that were uninsured. It introduced mandated, subsidies, and insurance exchanges. This act also requires that all applicants be accepted despite sex, and pre-existing conditions.
Affordable Care Act (ACA) has always been a major issue since it started in 2010. ACA promised to bring down the cost of healthcare, insured all Americans with low premium, and keep the plan they like. ACA’s goal was to make healthcare affordable to all Americans. Is it really affordable? Evidences show ACA hurt more people than it helps.
SOUTHWEST MINNESOTA STATE UNIVERSITY THE AFFORDABLE CARE ACT: WILL REPEAL RESULT IN A BETTER REPLACE? A PAPER SUBMITTED TO MR. CHURCHILL AMERICAN NATIONAL GOVERNMENT BY EMILY PRIGGE NEW RICHLAND, MINNESOTA 07 NOVEMBER 2017 Since the inauguration of Mr. Donald Trump, it has been on the agenda to have the Affordable Care act repealed and replaced with a plan similar to it but also vast in differences. Pros and well as cons can be extracted from the resulting years since the act was implemented, but is it really in our best interest to repeal and replace the ACA? Does repeal take into account the well-being of everyone?
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 (Obamacare) is considered constitutional because the penalties collected from uninsured citizens fall under the Congress’ power to levy taxes. In a New York Times article by Adam Liptak, Chief Justice Roberts of the Supreme Court stated in support of the Court’s 5 to 4 vote for implementing the ACA law that “because the Constitution permits such a tax, it is not our role to forbid it, or pass upon its wisdom or fairness.” Kathleen Swendimen states in her CRS Report for Congress that Chief Justice Roberts used similar reasoning in the Supreme Court case National Federation of Independent Business v. Sebelius stating that the “penalty for noncompliance” is validated by the reasoning that “the mandate is not a legal command
“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),
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.
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.
Managed Care, also known as the Affordable Care Act (ACA) has had many negative comments that has negatively impacted the health care system due to people’s opposing political views. The ACA has many impacts on health care costs, for some, the expenditures of the medical bills eventually cost little to nothing at all, compared to many individuals, they pay extremely high for healthcare services (Ramesh and Nishant, 2006). According to Ramesh and Nishant (2006), the cost of healthcare services has rapidly increased in less than a century. Public healthcare services have not just increased financially within the United States, but around the globe. According to Ramesh (2006), private healthcare services recipient has paid about seventy-five percent
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.
