Affordable Care Insurance

Some of the reasons some of the individuals may not want to buy health insurance the deductibles and premiums are very high and you pay way to much money for it. You also have to qualify for private health insurance.

Also, by forcing everyone to have health insurance, you put an extra burden on employers. Employers not only now have to pay the employees, but they have to provide health insurance. If health insurance is not provided, employers are forced to pay a fine. It should be the individual person’s responsibility to pay for themselves to be covered, not the employer 's responsibility.

In the United States, the health market system is defective to the citizen. Even though the market is available to all citizens; There are at least half of a million Americans without health insurance plans. The costs of health in the United States have historically been unfavorable. This can be traced to the fact that the health sector is driven by a market-based system (Fernandez, 2010; Harris, 2011). This means that most of the health insurance companies are privately owned. The companies provide including basic medical expense plans and catastrophic hospital expense plans to accommodate the needs of consumers. It also offers supplemental products that provide protection against risks, including dental, vision, disability, critical

One of the most complicated issues with the Affordable Care Act was when many private plans were cancelled because they did not meet the requirements for the Affordable Care act. This lead to individuals having to shop for a new health insurance and some ended up having to pay more than they had to. The some individuals paid more because of benefits that they did not need, such as maternity care (Health

Cost is the significant fear has been seen among the individuals those who are uninsured . In front of them they have only few choices , In which they have to pick up one which is most necessary for them. So instead of seeking health, They

An individual mandate was established, making it a requirement to buy insurance or end up paying a penalty fee. This mandate was put into effect to keep healthy people from holding off on buying insurance until they were sick. This way insurers didn’t have to pay more money in the long run due to increase claims.

The uninsured population is also causing havoc in the health care market. This group of individuals may not have the opportunity to obtain health insurance through an employer or cannot afford the cost due to their income. The Affordable Care Act is in place to assist them with getting insurance. Many people deem this act impractical as some of the plans available are not affordable. This government is currently working on trying to eliminate this mode to receive coverage however they need to streamline the process and find ways to make this suitable for the citizens. Having insurance coverage is vital one’s health as well as the economy. Individuals without insurance are less inclined to seek care which can be detrimental to their health and

There are many reasons why some people have remained uninsured. One of those reasons is not understanding that failure to have health coverage will mean paying a penalty when

Mandatory health insurance is a government healthcare policy of Affordable Care Act (ACA), which is mandated for uninsured individuals to purchasing health insurance plan either from ACA’s health insurance exchange or from the private insurance. This mandating was installed in efforts to expand healthcare access to all, regardless of their income and the existing health status (The Requirement to Buy Coverage Under the Affordable Care Act, 2015, December 8). Under this act, federal law now requires each person to purchase a health insurance plan or pay a tax penalty. Persons with low household income are only able to purchase plans with low monthly premiums, but with high annual deductibles.

Health care cost have continued to increase by many accounts at an even faster rate than ever. Premiums are expected to rise by more than 10% in most states next year. There are many reasons for this. Health insurance companies need healthy young people to buy insurance to fund sicker, older ones. Also the growing number of uninsured and underinsured is putting an extreme strain on the health care system as costs continue to rise. The uninsured and underinsured sustain “economic costs from their lack of coverage, including disability and lost work for additional aggregate costs of $65 to $130 billion”, also the annual cost for all of those uninsured at least part of the year was $100 billion. During 2001, 2.2 million Americans lost their insurance… Because it so expensive to self-insure when unemployed, many unemployed individuals cannot find an affordable way to obtain health coverage and remain uninsured. Therefore, having a universal health care system would do both provide access care to all, but at the same time raise the cost and reduce the quality of care.

Making America a social justice system with social insurance benefits will allow for the social insurance programs to be funded by everyone and offer benefits to all citizens regardless of their income (Rogne, 2009, p. xxvi). Like any other program, social insurance has its advantages and disadvantages. One of the main advantages of social insurance is that it will prevent individuals and/or families from falling victim to poverty due to unexpected healthcare cost (Normand & Weber, 1994, p. 28). However, the major disadvantage to social insurance is that people will not fully comprehend and accept the concept of social insurance (Normand & Weber, 1994, p. 29). The government should take the time to explain social insurance to the citizens of their country, since this will be something that the country will be considering developing.

The demand for health insurance increased as medical technology further advanced and as government policies encouraged employers to use health coverage as a form of compensation for their employees. “The market for health insurance exploded in size in the 1940’s, growing from a total enrollment of 20,662,000 in 1940 to nearly 142,334,000 in 1950” (Health Insurance Institute, 1961).

This is where the government does step in, offering Medicare and Medicaid to provide public healthcare, but only for the aforementioned. So, for the Americans whose employers do not offer health insurance programs, they are left to fin for themselves. Health care is rather expensive without the use of "middlemen" as purchasers consequently; many are unable to afford it. So those who decide to forego buying insurance present a greater hazard to the nation. In the event they get injured in an accident and need immediate medical attention they must be admitted to a hospital and cared for. The bill generated is expected to be paid for by the government which is ultimately paid for by the American people in higher taxes. Economically speaking, desire plus money equal demand. Lack of money equals lack of service for any good especially health care. Lack of health care equals a greater chance of endangering the wellbeing of the entire nation which in turn increases the need for the federal safety net programs which weakens the economy. The market model is only used as a get rich scheme and not looked on as a right of the American people. "Everyone should have the right to healthcare--as good as a millionaire gets" (The Basic Dilemma). If that statement was respected ultimately, providers within the health care system would suffer financially and this field would no

In the United States as of the 21 century, working people, and their children were not guaranteed of medical care services. Organizations need solid laborers and many are in a battle to pay the increasing expenses of insurance premiums to cover employees. General medical coverage has served as a counter-patterned apparatus,

The topic of discussion is the fairness of an individual mandated to purchase health insurance. It was one of the most argumentative subjects in U.S. politics: the federal health-care law's requirement that everybody has health insurance or pays a fine. Supporters of this debate, argue that it’s fundamental to make health care more affordable and available to everyone.