Obama care One of the biggest concern of the nation is the health care, because more then half a million people do not have insurance. The Democratic and Republican worked together to improve the issue, but there was not any solution through any of our past president. Until President Barak Obama signed and passed the Affordable Care Act on March 23, 2010, which is also known as ObamaCare. This act reforms the combination of control health care cost, and the development of coverage through the public and private insurance The main goal of this act was for united states citizen to have affordable and a quality health care. Obamacare is based off of Romneycare, because it was very successful in Massachusetts. There are many similarities and differences between these two. …show more content…
The lower-income household has guaranteed issues where consumers can not be rejected on any coverage due to their pre-existing health conditions. Both of Romneycare and Obamacare goals are to lower their price on insurance with providing the same coverage as other health care insurance. The differences between two are, RomneyCare was applied to 6.5 million residents’ common wealth. Also, Medicare was expanded for children, parents, pregnant women, and long term unemployment. There were cost sharing for preventative service, RomneyCare wanted the insurers to co-pay for the promotions of wellness and diseases in its earliest stage. While Obamacare covered more then 300 million people over 50 million diverse state. Instead of Medicare, ObamaCare wanted to expand Medicaid to all families and individuals. The policy for co-pay was required for insurance to cover the preventative
Obamacare refers to an Affordable Care Act (Archambault, 2014) in the U.S healthcare reform law which expands and improves the access to care services and reduces spending via taxes and legislations. The main focus of Obamacare is to provide more Americans with affordable access to health insurance and improve on the health care quality and health insurance in the nation. It regulates the health insurance industry hence reducing healthcare spending in the United Sates. The law features various provisions of the healthcare crisis aspect in the country. The affordable Care Act does many important things such as offering U.S citizens with rights, new benefits, and protectionism in relation to their healthcare. It sets up a health insurance marketplace where Americans can buy federally subsidized and regulated health insurance. Obamacare expands on Medicaid to U.S adults in many of its states. It also improves Medicare for the senior population and those with long-term disabilities. Every year during the annual open enrollment period, U.S citizens can access health insurance coverage using the health insurance market place.
The difference between them was that the Medicaid program guarantee some health insurance for the poor and the Medicare program guarantee health insurance for the elderly. Even with
When President Obama was elected to office, he had campaigned on the promise of healthcare reform, and was rallying the government to deliver on that promise. Despite successes in increasing coverage for certain populations in the 1980’s and 1990’s, there was no substantial and sustainable reduction in the number of uninsured. In a speech during a joint session of Congress (2009), and before the signing of the ACA, Obama argued that a high uninsured rate had an impact on the American people, the healthcare system, and the economy. The symptoms of the 1/7 Americans without uninsured in 2008 were: negative impacts on citizens, manifesting in greater financial insecurity, unreasonable barriers to care, general poor health, and preventable deaths; the healthcare system was burdened with billions of dollars in uncompensated care; the labor force became concerned about insurance coverage when seeking education or entrepreneurship. healthcare costs were rising rapidly, from 13% of the economy devoted to
Obamacare is also known as the Affordable Care Act. With the Obamacare Law everyone has a right to health insurance. The law was passed to help people without health insurance be eligible to receive, therefore they cannot be denied assistance. Obamacare is very helpful because you receive help to pay for medication and medical bill. Either most or all, depending on the price would be paid. Companies with 50 or more workers, pay the workers health insurance. With Obamacare there is an equal distribution, no one is left out. Parents that have children under 26 years old can stay under their health plan. People that have had health insurance before March 2010 are not effected as much compared to those that have insurance after. Since the Obamacare
Per an article in Medical Mutual (2017), the goals of the “Affordable Care Act” is to “provide universal access to healthcare for Americans, Control the rising costs of healthcare, Regulate the private insurance industry through
The Patient Protection and Affordable Care Act, more commonly known as Obamacare, was authoritatively marked into law on March 23, 2010. It was created to make healthcare lower-priced and effectively available to a more extensive scope of Americans. Under the law, individuals in the United States who do not meet all requirements for an exemption are obligated to acquire a minimum amount of healthcare coverage.
Through the years people in the Unites States have struggle with issues dealing with having health coverage. In March 2014 Obama care also known as Affordable Care Act was sign into law making it possible for the lower and middle class to be able to afford health insurance. The affordable care act was in congress from 2009 to 2010.With the act been pass it made it easier for the people to qualify and get help and pay so little with no extra cost. Even thought the insurance is not free it is now affordable for people so now people have a wider range of coverage options. With the affordable care act been pass they are hoping with the affordable screening and preventive services they can be more proactive with people’s healthcare and delay
They also were in favor of prohibiting health insurance companies from denying coverage to those with pre-existing conditions, such as illnesses, injuries, or disabilities. Lastly, they thought that it would cut costs in the medical industry because many uninsured Americans were being provided with health services that they never paid for (ObamaCare Facts). On the other hand, however, most conservatives were opposed to ObamaCare and had numerous arguments against it. First, they were against new taxes being imposed on the nation’s wealthiest individuals and corporations in order to raise enough money to provide the uninsured with health coverage. Second, they believed that the law would substantially increase costs in the medical field, would lead to a rise in insurance premiums for people who already had coverage, and would not actually permit people to retain their current health insurance plan. Next, they asserted that the overall quality of medical care would downgrade due to a strain on resources. Lastly, they declared that that it was immoral and unconstitutional for the federal government to force people to purchase a consumer product and to force state governments to help fund the Medicaid expansion (GOP).
Healthcare has always been a topic of great interest among the American people. Previous attempts have been made to implement a healthcare system that benefits all Americans; however, the mandate of Medicare and Medicaid in the mid-1960s has been the closest resemblance of universal healthcare system. In March of 2010, the President Barak Obama signed the most significant legislation for the U.S. healthcare system, the Affordable Care Act (ACA) also known as the Obamacare. This law was introduced to improve the quality and affordability for the health insurance industry. This act would also minimize the insurance rates for the uninsured as well as expand coverage. At the passage
First and Foremost , the Affordable Care Act also know as Obama Care was created so our citizens in the United States can all have affordable insurance for the people of this country. The Obama Care is very similar to Canada’s healthcare system. For example , the healthcare system in Canada system is a group of socialized health insurance plans that provides coverage to all Canadian citizens. It is publicly funded and administered on a provincial or territorial basis, within guidelines set by the federal government ( Canadian Health Care n.d. 2016 ). The United States wanted a similar health care system to make sure the americans who don’t have insurances have the ability to be insured .
The Affordable Care Act is also known as Obamacare. It is a big change for the American healthcare industry and for the American healthcare consumer.
The main disadvantage of Obama Care is that it can increase the health care costs in a very short time period. It targets individuals and businesses that are going to be paying higher taxes. Taxes will be increased on those who make more than $200,000 and business owners must provide healthcare to its workers. Another issue is that insurance companies must cover sick people and this increases the cost of everyone’s insurance. The insurance premiums have increased due to insurers having to provide covered services. The employer mandate says that in 2015, businesses with over 50 full time employees must provide health coverage. In response, some businesses have cut employee hours. Obama Care focuses more on making sure people are covered than it does on addressing the cost of care in the first place. Some Medicare payments to doctors and hospitals have been limited. Medicare pays doctors more than any type of coverage and the rates have led to very complex problems that are driving the costs of healthcare to increase for everyone.
So, the Obamacare is mandating that everyone needs to get the health insurance or needs to pay tax. The Pt provides Pt protection and affordable care act from middle-income families. This expands Medicaid to lower-income people. This ACA helps small business offer health insurance. This pays by taxing some health care providers and high-income families. Medicare began paying doctors to qualify-of-care rather than to fee-for-service basis. ACA pays itself so it doesn’t add national debt. This will lower your health care cost for society. Health care reforms because it was becoming too expensive for consumers. It also devouring most of the U.S federal budget. It’s common myth that Obamacare increased health care costs. Obamacare reduced the
Obama care is a plan introduced in the US with the aim of reforming the existing health sector. The introduction of the plan was in the form of a bill that was later signed into law in 2010 by President Obama (Manchikanti & Hirsch, 2009). Also, Obama care is referred to as Affordable Care Act (Manchikanti & Hirsch, 2009). The act aims at introducing reforms in the American Health care system offered to the citizens. The Act provides Affordable Quality Insurance to the American citizens so as to help curb the increasing healthcare spending (Manchikanti & Hirsch, 2009). The health reforms outlined in the Obama care include the introduction of new insurance rules to be observed by the Insurance Companies, insurance mandates and exchanges,
In 2010 President Barack Obama was on his first term as president and the senate was controlled by the democratic party, together they made the most significant transformation to the American healthcare system to date. They enacted the Patient Protection and Affordable Care, which would become universally known as Obamacare. Up until this point in American history, the only two government enacted healthcare reforms were Medicare and Medicaid which provide healthcare insurance to qualifying elderly citizens and low-income families (Dye and Gaddie 650). Citizens could be covered by private insurance companies by either paying for them or being provided health insurance through their employer. However, insurance premiums soared after the financial crisis hit and many employers stopped offering their employees insurance (Obama, whitehouse.gov). According to the