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Obama Care Pros And Cons

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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 bill is 1000 pages long and addresses a great many pieces of the American health care puzzle. This is too much for most people to read and try to understand. So, most people are looking for some digest form of information on the bill.

Below are ten of the top areas of concern, with Pros and Cons for each of them.

1. The Costs of Obamacare

Pro:
Although most people will pay more for health insurance, the average annual increase of private health insurance premiums under Obamacare has proven to be lower than the average annual increase prior to the implementation of this program. In 29 …show more content…

This means in real terms, some of the neediest Americans will see a great deal of benefit at little to no cost to themselves.

Last, the expectation is that the increased ability to access wellness or preventive care and the ability to see a physician sooner rather than later should lead to better health outcomes for Americans and help lower healthcare costs generally. In short, people who can get the care they need should be healthier, thereby reducing the need for healthcare in real terms over the long haul.

Con:
The Manhattan Institute claims their data indicates an actual rate increase of 49 percent in 2014 compared to 2013. This contradicts the data citing an expected 8.2 percent increase.

In absolute terms, because millions more people are being insured, the amount spent on insuring Americans will definitely go up. It simply isn't possible to make sure millions more people get health coverage without there being some expense incurred. Some of these costs will be covered by the federal government and businesses. Some of these costs will be covered by individuals purchasing coverage for the first …show more content…

Ignoring the need for affordable health care only guarantees that more people will need help from programs like Welfare, Food Stamps and Medicaid. There is no real savings.

Con:
In the short run, federal spending on healthcare and healthcare related programs will definitely go up. Some people project that Obamacare will worsen the federal deficit to the tune of more than a hundred billion dollars over its first decade.

About a third of the people getting healthcare coverage who did not previously have it are getting it by expanding current government programs, such as Medicaid. Medicare is also being expanded to eliminate the "doughnut hole" of prescription drug costs. The federal government will also incur costs for taking responsibility for pieces of the program that some states are choosing to opt out of.

3. The Carrot and Stick Approach

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