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Swot Analysis Of Obama Care

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The Obama care was meant to improve the current insurance system for most Americans to continue to assess and leave Medicare intact for older and disabled Americans. The Obama plan also aimed at catering for the large gaps in healthcare coverage that leave 45 million Americans uninsured by the establishment of a new public insurance program available to Americans who neither qualify for Medicaid or CHIP nor have access to insurance through their employers, as well as to small businesses that want to offer insurance to their employees. This will also make the National Health Insurance Exchange available to help Americans and businesses that want to purchase private health insurance directly and also aimed at sustaining health care delivery and …show more content…

It is strategise to enable families to save up to $2,500 every year through: (1) Health IT investment, which will reduce unnecessary and wasteful spending in the health care system to a great extent; (2) Improving prevention and management of chronic conditions; (3) Increasing insurance industry competition and reducing underwriting costs and profits, which will reduce insurance overhead; (4) Providing reinsurance for catastrophic coverage that will reduce insurance premiums; and (5) Making health insurance universal, which will reduce spending on uncompensated care. Obama care sort out to ensure that all children have health care coverage and for young adults to get coverage up to age 25 through their parents’ health care insurance plans (Oberlander and Perreira, …show more content…

Ninety-five percent indicated that it was a serious or very serious problem that many Americans lacked health insurance and two-thirds of the public thought that it was the government’s responsibility to provide such insurance. Almost 90 percent were worried about the future costs of healthcare to themselves and their families. Numerous other questions reinforced the idea that Americans wanted Health Care Reform, they wanted it now, they wanted to make coverage universal, and that they were willing to pay for this (New York Times/CBS News

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“Healthcare Reform 101,” written by Rick Panning (2014), is a wonderful article that describes, in an easy-to-understand language, the Patient Protection and Affordable Care Act, signed into law March 23, 2010. The main goal of the Patient Protection and Affordable Care Act was to provide affordable, quality healthcare to Americans while simultaneously reducing some of the country’s economic problems. Two areas will be covered throughout this paper. The first section will include a summary of the major points and highlights of Panning’s (2014) article, including an introduction to the ACA, goals of the signed legislation, provided coverage, and downfalls of the current healthcare system. The second part will be comprised of a professional

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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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