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Pros And Cons Of The Affordable Care Act

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The Affordable Care Act is essentially an act that was signed on March 23, 2010, by President Obama in hopes that it would provide U.S. citizens with affordable and better quality health insurance, and also regulating and reducing health care expenses in the U.S. Prior to the act being signed into law, there were many unsettling things that health insurance companies could do without repercussion, for example, insurance companies where able to deny coverage to a person because of past illnesses, get dropped for making a mistake on application, and also be charged more or less based on your sex. With the passing of the ACA, many of these problems disappeared but some other problems became prevalent. There are many benefits that the ACA brought to the table for example, No annual or lifetime limits on healthcare. Before ACA there where …show more content…

Like previously stated, it allows small businesses with less than 25 full-time employees that make under a certain amount to be eligible for subsidized health insurance which saves the business from having to pay out of pocket. It also allows for smaller businesses to get bigger tax breaks. The act created a Small Business Health Options Program or SHOP, which allows small businesses to have the same buying power as larger corporations. With these new benefits, comes a downside and in this case multiple downsides. Since the act, some small business still cannot afford to cover full-time employees so they cut hours of the employees. When cutting peoples hours, you are essentially cutting down their pay checks causing them to make less than before. With the cut in hours people may quit and begin looking for a new job, which will lead them into another obstacle, getting hired. With the new regulations, many business have reduced hiring because of the cost. From there it becomes a domino effect, decreasing the work force and increasing the unemployment

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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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There are three ways it reduces government’s health care costs, raises taxes on higher families and some businesses , and it costs burdens to healthcare providers and pharmacy companies ( 10 Obamacare Pros and Cons). The acts also covers sick people, which requires an increase of everyone’s cost of insurance, it affects the people who don’t have or want health care have tax penalties. Pharmaceutical companies pay an extra eighty five billion dollars in fees, which could make drugs cost rise if the companies pass on to consumers, which is bad for the economy, just like how three to five million people have lost their company sponsored healthcare plans, because the ACA taxes people who don’t have insurance, that stirs up anger in the US. In 2013 the ACA raised the income tax for one million people with incomes over $200,000. There are four million couples filing joint returns on incomes over $250,000 (10 Obamacare Pros and

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That right there is a plus, because there are many children in the United States with congenital defects that before this act would be denied or have limited access to insurance benefits because of their condition. The act also allows a person to stay on their parent’s health insurance until they are twenty-six (HHS). For a lot of people who are just graduating from high school, going to college, and just starting out on their own this is a huge benefit. I personally like this benefit right here because I cannot maintain a full time position with going to nursing school full time so I work PRN or as needed picking up as many hours as I can. Health insurance and benefits are only offered to full-time and certain scaled part-time employees.

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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.

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Many think this will mainly benefit you if you are healthy. People have the option to purchase a lower more cost effective plan but in the situation you become sick then you might exceed the limit of your plan (1). Also, there is speculation that health care cost will rise at a faster pace than under the previous Obamacare. Of course there are other ideas on how to address the Affordable Care Act. Senators Graham and Cassidy would like to use the federal Medicaid funding and insurance subsidies to state block grants, allowing the state to design their own health care programs(1).

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The ACA/Obamacare was signed into law to change healthcare in the U.S. by President Barack Obama on March 23, 2010. The and upheld by the Supreme Court on June 28, 2012. ObamaCare's goal is to give more Americans access to affordable, quality health insurance. Also to reduce the growth in U.S. health care spending.

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Affordable Care Act (ACA) is the healthcare reform law that is by and large referred to as Obama care. The U.S department of health and Human Services states that, “the Affordable Care Act puts consumers back in charge of their health care. Under the law, a fresh “Patient’s Bill of Rights” gives the American people the stability and flexibility they need to make informed choices concerning their health”. To ensure that Americans get more health care right and the protection Affordable Care Act aims at regulating regulates private insurance. It is argued that the cost of the Affordable Care Act outweighs the benefits and that some groups benefit more than others.

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The affordable care act was intended to reduce the numbers of Americans without health insurance, Unites State health care reform legislation signed into law by President Barack Obama in Marc 2010, this reform required that most individuals most secure health insurance or pay fines made that will make coverage easier and less costly to obtain. On the other hand the patient protection and affordable care act (PPACA) also called the affordable care act (ACA) othe greatest health care reform act since Medicare was created is consider Obamacare PPAC in order to keep coverage more accessible and affordable created new entities called American health benefit exchanges, which any individuals and small businesses could purchase coverage. In order to make

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The Affordable Care Act was signed into law in 2010 aimed at reforming the American health care system. It's main focus is on providing more Americans access to affordable health insurance, improving the overall quality of health care and health insurance, reducing health care expenses, and regulating the health insurance industry. In other words, granting Americans new rights, protections, and benefits. Why was it passed?

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More commonly referred to as Obamacare. The law is meant to help stop the increase in healthcare spending and also provide better health facilities by making itself affordable

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The Affordable Care Act allows people to obtain better insurance or qualify for

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The Affordable Care Act was established because lots of people were in the world with no insurance or medicaid that really needed the help from the government. The Affordable Care Act was established to make health insurance more affordable for those with little or no coverage such as medicaid or health insurance. This also makes it easier for people in to see doctors when needed then not having anything to help if you have no coverage. The Affordable Care Act’s goal is to expand access to health insurance, and reduce the cost of health insurance. The United States has spent far more money on healthcare than any other industrialized nation.

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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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The Affordable Care Act gives women (and men) access to free annual wellness exams to detect and monitor heart disease. It allows heart attack survivors and others diagnosed with a heart condition to get insurance despite their pre-existing condition. It prevents insurance companies from charging people different premiums based on their health status, or charging women more for their insurance than men. It removes the lifetime coverage caps for people with serious or chronic illnesses. And it has expanded Medicaid access in Massachusetts and across the country so millions of people can get the care they need to stay

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