Pros And Cons Of Affordable Care Act

The Affordable Care Act that is commonly known as the Obamacare can be explained as healthcare declaration that was enacted by the Federal government on 23rd March 2010. The main objective of the Act was to reform the US health systems by offering and bettering access to quality and affordable health care, health insurance, and by offering American citizens with more rights and safeguards by minimizing healthcare expenses for both the government as well as the American residents. Moreover, it can also be pointed out that the Act also aimed extending private and public insurance coverage while also regulating the insurance sector. Nevertheless, since enactment of the Act, the Act has been heaving criticized by some quarters to the extent that some political leaders in the USA have expressed their views on repealing the Act (Everett and Dawsey, 2017). Nevertheless, it can also be pointed out that there are those who strongly support the Act and give different reasons to explain the reasons why they are in support of the Act. This essay focuses on the topic of Obamacare and discusses in detail the reasons why the Act should be ammended.

were already providing health insurance because we’re in a competitive market and that helps us to retain and recruit good employees,” the Sacramento-based small business owner said, . One benefit for small businesses are tax credits“For us it was just good business. But pretty quickly we saw that our firm could benefit from the law. What appealed to us about the ACA were the tax credits and other financial incentives” (Taylor, 3), “A tax credit is an amount of money a taxpayer is able to subtract from taxes owed to the government” (investopedia.com , 1). this is good because businesses that barely make any money don't have to pay much taxes and they can maybe get more popularity due to the money they are saving. This is one example of how the ACA helps Small Businesses since …“ObamaCare creates the Small Business Health Options Program or SHOP, a part of each State’s Health Insurance Marketplace, where small businesses with 50 full-time equivalent employees or fewer can shop for group health plans. Starting on November 15th, 2015 those with 100 full-timers or less can use the SHOP” (www.obamacarefacts.com ,2 ). Small businesses are not required to provide health insurance to their employees if they wish because “... the answer is no. Under the Affordable Care Act, businesses with fewer than 50 full-time equivalent employees are not required to provide health insurance to their employees, and those employers will not face tax penalties if they decide not to offer their employees health insurance” (resources.ehealthinsurance.com, 1).This is good that very small businesses have the freedom not to get insurance because some businesses need to save money because of the expensive previous health care. Despite it being affordable, ObamaCare has given the freedom for small businesses to not give healthcare to employees. “Since health insurance for small business isn’t mandatory under the ACA, small

The ACA (Affordable Care Act) is mostly for people who are not insured, or who are self-insured and feel that they can get a better price on insurance. However, this does not concern you, if you are currently receiving health insurance from your job or from a government assistance program like the VA or Medicare.

The Affordable Care Act which was known as ACA or “Obamacare.” was signed into law by President Barack Obama in March 23, 2010. The Affordable Care Act is the greatest renovation of the United States health-care system, and provide coverage for over 94% of Americans. The main key reforms

The Affordable Care Act ended up being passed without any Republican support. Many consequences stemmed from this lack of bipartisan support, including many repeal bills that came up in later years in front of the House and the Senate. These repeal bills were only barely pushed down by Democrats, or moderate Republicans, such as Senator Susan Collins of Maine or Senator Lisa Murkowski of Alaska. During the initial vote on the predecessor to the ACA, the Affordable Health Care for America Act, the House passed the AHCAA by a slim margin of 220 to 215, with 39 Democrats voting against the bill, and one Republican voting for the bill. However, when the Senate voted on their version of the AHCAA in December, all the Democrats in the Senate united

Basic changes were needed in the way Americans got health coverage. Trying to figure out what it was going to cost them starting in 2014, when major parts of the Affordable Care Act, also known as “Obamacare”, went into effect was the challenge. The four main ways Americans experience healthcare once the Health Reform Law was fully in effect were coverage by an employer, the government, buy it themselves or have none. About half of Americans get insurance through their jobs. About one third through the government like Medicare and Medicaid. About one in ten purchase insurance themselves. And still another 30 million, just under one in ten, no coverage at all.

The Affordable Care Act, in other words “ObamaCare” has been a train-wreck of a bill that was rushed into law in March of 2010. This law is the basis of the 2008-2012 Democratic-lead government’s platform that would end up securing the 2012-2016 elections for them. This law was not, pushed so fervently to help the nation, as much as it was to help re-election bids. I believe that the Affordable Care act should be repealed, but not necessarily replaced. The whole principle of government mandated and managed health care is inherently flawed, as to do so, the government must lay out blanket regulations and requirements on both insurance companies and the common citizen, that in a lot of ways aren’t beneficial to

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

Affordable Care Act and Obamacare are all other names for Patient Protection and Affordable Care Act. It is a law that was signed by President Obama on March 23, 2010. With other acts passed such as the Health Care and Education Reconciliation Act, it is known as the most significant addition to the health care system since Medicare and Medicaid. Originally, the bill was formed with hopes that it would increase the affordability and quality of health insurance in America, lessening the amount of people who were uninsured by increasing private and public insurance, and reducing the cost of insurance so that everyone had access to it. In addition, Patient Protection and Affordable Care Act also required insurance companies to shield all applicants

In Chapter four of "Ten Letters", there is a letter to President Obama written by Natoma Canfield, a woman whose health insurance became increasingly unaffordable after she survived cancer. After receiving Natoma's letter, Obama often carried it with him as he spoke of the need to reform healthcare to make it more affordable to those who needed it the most and to expand coverage to those who could not get it. "The Affordable Care Act," which came to be called Obamacare in the news media, passed through both houses of congress without a single Republican vote in favor and was signed into law by President Obama in March 2010.

Part I: The Affordable Care Act, more commonly referred to as Obama Care was passed and became a law on March 23, 2010, by the former president, Barack Obama. The Act provided insurance to more than 30 million uninsured people by extending Medicaid and arranging federal aid to help the lower and middle-class Americans to buy insurance. This is possible by “offering consumers discounts (known as tax credits) on government-sponsored health insurance plans, and by expanding the Medicaid assistance program to include more people who don’t have it in their budgets to pay for health care.” (Good Morning America) The idea of Americans having reasonable health care started with Teddy Roosevelt, the first president to announce the idea of universal health care, and health care reform. It also became Harriot Truman's platform in 1948 for the Democratic party. Then in the 1960’s major reforms like Medicare and Medicaid, which is basically like socialism programs, are guaranteeing some insurance cover for the Medicaid and the elderly Medicare. This is a controversial topic because Democrats

Though the ACA was passed in 2010, it has been fought along the way through the courts, legislature and Congress. Specifically, Republican congressmen, governors, and candidates have steadily opposed it and have declared to repeal it. It is estimated that less than 50% of the American population are for the ACA. The ultimate goal of the ACA was to improve the health of Americans by decreasing the number of uninsured citizens and in the first year of the ACA, it is estimated that more than 10 million citizens were able to obtain health insurance. The ACA has removed several of the undesirable features of private insurance such as the rejection of health insurance coverage for those with pre-existing medical conditions. In addition, Medicare

U.S. health care reform is currently one of the most heavily discussed topics in health discourse and politics. After former President Clinton’s failed attempt at health care reform in the mid-1990s, the Bush administration showed no serious efforts at achieving universal health coverage for the millions of uninsured Americans. With Barack Obama as the current U.S. President, health care reform is once again a top priority. President Obama has made a promise to “provide affordable, comprehensive, and portable health coverage for all Americans…” by the end of his first term (Barackobama.com). The heated debate between the two major political parties over health care reform revolves around how to pay for it and more importantly, whether it

One of the major issues nowadays is the health care. There are many reasons why it is so controversial and needs a lot of attention from the future president. In the past eight years, health insurance prices have grown 3.7 times faster than wages. Many insurance plans do not cover a number of doctor’s visits. In addition to that,

The Patient Protection and Affordable Care Act (PPACA) also referred to as Affordable Care Act or Obamacare was passed into law under the former President Obama’s administration on March 23, 2010. The ACA is the largest reform in the health care industry, since Medicare and Medicaid in 1965, that provides over 20 million previously uninsured Americans with health insurance, better health benefits for those with insurance, improved access to health care and controls the cost of care.1The new administration under President Trump is set to repeal and replace the ACA and once again, the fate of millions of Americans is to be decided.