Problems with Ppaca

One of the cons of the PPACA could be the tax penalty for not carrying insurance coverage. The penalty starts at $95 or 1% of income, whichever is greatest. If the family or individual still chooses not to carry insurance, the penalty will rise each year. It doesn’t seem fair to make people choose between carrying medical coverage or getting penalized for not wanting health care

The Patient Protection and Affordable Care Act of 2010 (PPACA) was designed to decrease health care costs and require health care access to all U.S. citizens. The Act has the potential for reducing the cost of health care in the United States; however, with many risks which could possibly strain the health care system, increase debt, and decrease the quality of care many are concerned.

The rapidly rising cost of health care in the United States has made access to medical care difficult for many citizens. Additionally, the number of uninsured is increasing because of job loss and reduction of employee benefits. This trend is projected to continue. The negative effect of reduced access to health care may have alarming effects on the economic well-being of the nation. The passage of the Patient Protection and Affordable Care Act (PPACA) marks the beginning of significant transformation in the United States’ health care systems. After multiple attempts to reform health care over the years, the nation’s leaders have succeeded in pushing through this landmark legislation that will ensure most Americans will have access to

The Affordable Care Act otherwise known as Obamacare or the Patient Protection and Affordable Care Act (PPACA) was signed into law in March 2010 and it has not been without its share of problems, debates and controversies. One of the main points of the debates and controversies with the PPACA has been the legality of the individual mandate. The individual mandate “requires that most Americans obtain and maintain health insurance, or an exemption, each month or pay a tax penalty” . The whole purpose of creating PPACA was to “achieve near-universal coverage and to do so through shared responsibility among government, individuals, and employers” and to be able to “improve the fairness, quality, and affordability of health insurance coverage” also to be able to “improve health-care value, quality, and efficiency while reducing wasteful spending and making the health-care system more accountable to a diverse patient population” .Those were the top three goals that were the foundation when drawing up the policies for The Affordable Care Act to develop what was hoped to be universal healthcare system for the citizens of the United States. While The Affordable Care Act does have its benefits, such as it would cover pre-existing conditions where most private insurances do not do, more people have the ability to get what they call affordable medical insurance, costs of prescriptions are lower and it even offers tax credits for those that purchase the insurance but it also

The PPACA was structured to accomplish insurance reform through several avenues (Vincent & Reed, 2014). Medicaid program expansion and the individual mandate are two of the primary elements of healthcare insurance and finance reform (Vincent & Reed, 2014). Additionally preventative health services delivered without cost, removal of health insurance exclusions for preexisting conditions, allowing children under the age of 26 to remain on their parent’s healthcare insurance, and gradually decreasing the out of pocket costs for Medicare Part D participants are mandated by the provisions of the PPACA (Vincent & Reed, 2014).

Elections are just a month and a half away and Obamacare is still a highly heated debate. The Patient Protection and Affordable Care Act (PPACA), or what everyone has dubbed as Obamacare is a law that passed on June 28, 2012 to help reform healthcare. The law was introduced to provide affordable medical healthcare for everyone. The reform act doesn’t take away the State’s

The basic standards that was signed in law by President Obama that The Patient Protection and Affordable Care Act (PPACA) will cover all Americans to quality and affordable access care and necessary transformation within the health care system to cover costs. The Congressional Budget Office (CBO) has established that the Patient Protection and Affordable Care Act is completely paid for and provides coverage for the American population. The primary transformation required by health insurances are shared responsibilities that the universal insurance market uses to eliminate discrimination practices in pre-existing condition, and having all Americans gaining coverage and affordable health care. Additionally, PPACA established health outcome improvement

The Patient Protection and Affordable Care Act (PPACA), also referred to as the "Affordable Care Act" or "ACA" or "Obama Care") is the major health care reform bill passed into law on March 23, 2010. The debates surrounding the PPACA have been volatile at times, and continue to be the most intense public examinations of any piece of legislation in our recent history. The affordable Care Act (Obamacare) is ripe for repeal. For the American public, there are ample reasons for dissatisfaction: higher costs; arbitrary and sometimes absurd rule-making; bureaucratization of an already overly bureaucratized sector of the economy; incompatibility with personal freedom and religious liberty; enormous spending and heavy taxation; and widely acknowledged design flaws, evident in the ACA’s hopelessly complex and unworkable subsidy schemes, boondoggle bailouts, and collapsing co-ops. Nonetheless, other ACA legal challenges were still facing the healthcare law. In December 2015, the Association of American Physicians and Surgeons (AAPS) submitted an amicus brief to the Supreme Court arguing against the constitutionality of the employer insurance mandate within the Affordable Care Act. The law contains a number of experiments designed to drive down health costs, such as Accountable Care Organizations. The whole idea is to move the system away from paying for volume and toward paying for value. We still don't know whether that will happen. But it's fair to say that reducing the cost of health care will make it easier to expand coverage. The nation’s gains in health care coverage and delivery system design over the last several years have made measurable differences in the lives of millions of Americans. There are many ways to achieve a high-performing health system. But it’s critical that the nation remain committed to this goal.

President Donald Trump continuously makes remarks about “Obamacare” being bad for our economy but he neglects to mention the positive benefits about the program. For those who may not know, the patient protection and affordable care act (Obamacare) was enacted on March 23rd, 2010. The purpose of the PPACA is to ensure that those who couldn’t afford healthcare previously are able to sustain a good lifestyle and still be able to have healthcare for regular checkups and for emergencies that may occur. PPACA has had a tremendous effect on the economy in positive ways for example the bankruptcy rate in the united states dropped in the years 2010 to 2016 from 1.5 million to 770,846 and the spending on health care decreased from 7.2 percent in 2008 to 5.8 in 2015. That’s a significant decrease. PPACA should remain statute for it helps the lower income families of our society afford healthcare as well as protect their families from dreadful situations if they were to occur in the form of insurance money.

There are currently 44 million Americans who were unable to obtain health insurance before the reforms because they could not afford the premiums or because they had a pre-existing condition. “Obama Care” is a tax funded government program which helps these individuals obtain insurance by expanding Medicare and Medicaid and offering cost assistance through health insurance market places. It also provides reforms to the health care industry iin order to cut health care costs and provide affordable health insurance to all. The Patient Protection and Affordable Care Act (or PPACA) originated as a Massachusetts law signed into effect

The new law also provides some benefits to businesses. “The Obama Administration issued information about this law to small businesses across the country to help cut down the price of their health coverage to their employees.” (FDCH Regulatory Intelligence Database) The administration considers doing this a step to even the playing field between the large and small businesses. With this help almost four million small businesses can apply for relief from the otherwise high health insurance premiums. Potentially, this has the opportunity to save the smaller businesses almost $40 billion dollars by 2019. The Administration feels this is a tremendous idea because small businesses have been the engine to our economy for ages. The PPACA provides competitive health insurance markets that are referred to as Exchanges that will begin in 2014.This will provide the small and large businesses to come together and get a fairer deal from the bigger insurance companies. Business people in the physician assisted profession are positively affected by this new law. The American Academy of Physician Assistants states that this act offers tremendous promise in improving health care for all Americans. The Academy states, “The

The Patient Protection and Affordable Care Act(PPACA) will influence the public health care system by breaking down barriers and expanding health care coverage to everyone in need in order to receive the best quality of care. The Patient Protection and Affordable Act was signed into law March 23, 2010, the law required that all Americans have health insurance by 2014 or pay a tax penalty on their federal income taxes. The Patient Protection and Affordable Care Act aims to greatly increase the amount of Americans who are uninsured and give them the ability to receive affordable health insurance. According to Martin, (2014) “as of January 1, 2014 all children, parents and childless adults who are not entitled to Medicare and who have family

For the employer, the decision to offer or not offer health care is multifaceted; employee preferences, wages, taxes, and regulations. The Patient Protection and Affordable Care Act (PPACA) adds only confusion, new taxes, new subsidies, new requirements, and new markets, however, there is no change on the financial side of the company (Buchmueller, 2014).

The PPACA imposes an individual mandate requiring most U.S. citizens and legal residents to have health insurance coverage or pay a penalty. There are exceptions to this requirement for financial hardship, religious objections, American Indians, those without coverage for less than three months, incarcerated individuals, and certain low–income

Ultimately I feel PPACA is bad for organizations. I’m very aware of the good things the government and states are attempting to assist with, but I feel this is only being done to lighten the burden on employers that may possibly go out of business due to new costs associated to the mandates. I’m hopeful that the tax credits will alleviate the burden in the short run, but I am convinced that funding cannot and will not last for more than 3 to 5 years. Beyond that I’m certain that the federal funding will scale back significantly putting employers in yet another bind in years to come. This will be bad for organizations that have made plan design decision to play versus pay. It may require them to change their game all together which will disrupt and confuse their employees and likely contribute to the benefits and HR teams creditability toward organizational decision made.