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Pros And Cons Of The Affordable Care Act

586 Words3 Pages

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. Cunningham states: ACA helping the poor but hurting the less poor population. Melissa has been paying $765 a month… for herself and her son. But now it would cost her… nearly $2,000 a month or $2,500 a month purchase under her company. Both plans cost more than her housing expenses. Bob LoPinto, 61-year-old paid $825 a month, the premium jumped to $1,397 next year with $12,400 deductible. This hefty premium force people like Melissa and Bob to become uninsured because they cannot afford it. …show more content…

ACA raised Medicare taxes on higher income people. Cause some families lose tax deduction for uninsured. ACA placed “individual mandate” tax on uninsured individual. ACA raised the deductible from 7.5 percent to 10 percent of adjusted gross income. ACA affected both income taxes and capital gains taxes. 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

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