Jason Kwock
Dr. Suann Shumaker
Economics 2
17 September 2014
Article: Sanger-katz, Margot, and Amanda Cox. "With New Health Law, Shopping Around Can Be Crucial." The New York Times. The New York Times, 17 Sept. 2014. Web. 17 Sept. 2014. http://www.nytimes.com/2014/09/18/upshot/with-new-health-law-shopping-around-can-be-crucial.html?ref=policy&abt=0002&abg=0 Health care is a huge benefit beyond the 1900’s. People try and receive healthcare from their job, but for others who may not have a job, or the job does not provide them with sufficient help, they will most likely look into the affordable care act. Which brings up this article named, “With New Health Law, Shopping Around Can Be Crucial” by Amanda Cox. This article encourages the customer to stick
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Firms produce and sell goods and services. In this case, uninsured patients benefit because if they show a pre-existing condition, they can not be denied health care. Insurance companies will benefit because it is required to get health insurance, thus all the people who do not have it will either have to get health insurance or pay a tax. It affects small businesses because they are cutting down on employing since they do not want to spend money on healthcare, which also affects the unemployed. The government kept investing money into health care because it was not being successful, but taxpayers had to pay for this which affected the cash flow negatively because households were least likely to buy from firms. At times, cheap healthcare plans can limit where people can get medical help. Amanda Cox said, “Many of the cheapest marketplace plans provide access to a limited groups of doctors and hospitals.” This is a reason why people would rather stick with their current health care plans because it could be close by your home, which is convenient and saves travel
At last, the law gave new alternatives and motivating forces to help states rebalance their Medicaid long haul mind programs for group based administrations and backings as opposed to institutional care. All in all, these arrangements have quickened Medicaid advancement effectively in progress in numerous states. Also improved with the ACA besides Medicaid, is Medicare. The Affordable Care Act incorporates a progression of Medicare changes that will create billions of dollars in reserve funds for Medicare and fortify the care Medicare recipients get. The new law secures ensured benefits for all Medicare recipients, and gives new advantages and administrations to seniors on Medicare that will help keep seniors solid. The law likewise incorporates arrangements that will enhance the nature of care, create and advance new models of care conveyance, suitably value administrations, modernize our wellbeing framework, and battle waste, extortion, and mishandle. A big topic that is affected from ACA is businesses. The Patient Protection and Affordable Care Act -- otherwise known as Obamacare -- is putting such a small dent in the profits of U.S. companies that many refer to its impact as 'not material' or 'not significant. Even after a provision went into effect this year requiring companies with 50 or more full-time workers to provide coverage, and after more workers are choosing to enroll in existing company coverage because of another requirement that all Americans get
Leading up to the enactment of the Affordable Care Act the United States of America had been in a major recession with consistent increases in medical costs in conjunction with increased rates of uninsured populations. Pre-existing conditions were a major concern for people wanting to move around in the job market or shop
The Affordable Care Act, or, “Obamacare” as it has been dubbed by the media and general public was approved on June 8, 2012 when the “The Supreme Court of the United States upheld most provisions of the Affordable Care Act (ACA) by a 5-4 vote” (James, "Affordable Care Act and Pharmacy: Big Changes Ahead?"). This vote and approval has completely reshaped the landscape of the healthcare field, not only from a provider’s aspect, but from a consumer’s aspect as well. The need for healthcare reform was made apparent due to the growing
In addition to this, healthcare providers and doctors will not have to worry about all the insurance paperwork and procedures. This letsfrees them to be able to solely focus on the patient and to give them the best care. Lastly, small businesses get the opportunity to grow and become more profitable. Due to so many relying on insurance that their employers provide, many skilled workers would take their talents to big companies that give quality insurance that small companies may not be able to provide. Currently most insurance premiums are extremely high, so with universal health care small business will be able to pay for insurance with the cheaper rates. Overall, small business will be able to grow by employing skilled workers which help increase profits and save money across the board (“Universal Health Care- Health Care For All”, 2017).
A Dreadful Secret An old Scottish proverb reads, “Open confession is good for the soul.” In Nathaniel Hawthorne’s story, The Scarlett Letter, Arthur Dimmesdale was a guilt-ridden man keeping a dark secret. Everyone agrees that Dimmesdale choice about whether to confess his sin was an extremely difficult decision to make, however some believe that he should confess his sin, while others believe that he should not confess. Arthur Dimmesdale was a young and articulate minister serving in a Puritan settlement in the early mid-17th century. He had an adulterous relationship with the married woman he loved, Hester Prynne.
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
It has been six years since the Affordable Care Act has been implemented into the United States healthcare system. As the pieces and provisions of this monumental federal statute become understood and executed, it is transforming the demand for care. Prior to the ACA, a significant number of Americans were marginalized and unable to obtain coverage. This system was faced increasing healthcare costs, placing greater financial strain to everyday Americans, businesses, and public health insurance systems. The ACA did not only help ensure health coverage for all (almost
In 2010, Obamacare was signed into law. Many Americans do not have health insurance. President Obama and Congress wanted to make sure that all Americans could get healthcare. This healthcare is intended for middle class low income families. Obamacare is a lower cost of health care. This was made to reduce the cost of Medicaid and Medicare. These insurances are a threat to the federal budget. Health care is the number one cause of bankruptcy. Most businesses will offer healthcare through the company, but there is people who don’t have this option. Some are poor enough to qualify for Medicaid which is covered by state and federal government and anyone over 65 receives Medicare. There are people who make too much money and they do not
The Affordable Care Act of 2010 (ACA) had put more open doors for Americans to live healthy and longer life. Be that as it may, few individuals are living without insurance due to monetary results. They put their life in the danger of human services administrations. They are having less medicinal services results, getting low quality of care than the general population who has insurance. The proportion of uninsured and insured individuals soar by 25% in 2000. Individuals messes with medical coverage exceptionally and disregarding it in few point in view of their financing issue and lack of education. As indicated by Institute of Medicine (IOM, 2002), 18,000 individuals kicked the bucket without getting a decent social insurance benefit since they were
Moreover, Blumenthal, Abrams, and Nuzum also present in their article "Affordable Care Act at Five Years” that insured consumers are pleased with their coverage since there are many plans they can choose. The Commonwealth Fund reveals in the report “How the Law Is Changing Health Coverage in the U.S.” that “more than two-thirds of adults with marketplace coverage said their health insurance was excellent, very good, or good.” (Lorber). It also points out that “sixty percent of adults with new coverage had used their new plans to go to a doctor or hospital or to pay for prescription drugs”
Since the law was signed in 2010, the Affordable Care Act is a working progress, it continues to changes to help improve individual’s needs. When the Marketplace, first launch there were some technical difficulties. The marketplace website was created so consumers can shop for affordable insurances that meets their needs. Now, despite some of the difficulties and the negativity from the media, the Affordable Care Act has many constructive effects. Obama care created the patient’s bill of rights. What many Americans fail to realize is, why many individuals were without health insurance. Before the law was created, insurances were more like a business. They would drop people without notice, raise premiums rates, or simply deny
The Affordable Care Act, also known as Obamacare, is an act passed by president Barack Obama on March 23, 2010. This act, which provides affordable health insurance to Americans, was passed for three primary reasons. These reasons are to reduce the number of individuals in the United States who currently are not covered by some form of health insurance, to improve the availability and quality of existing health care programs, and to reduce the cost of health care to individuals and the government (“Patient Protection”, 2014). The Affordable Care Act has been successful in some ways, but ineffective in other ways since it was passed in March of 2010. For example, Obamacare has helped expand Medicaid and has helped those who have Medicare. However, this act has had a negative impact on the uninsured and on insurance premiums. In addition, some small businesses have benefited from this act, while others have had a negative effect. The Affordable Care Act has many pros, but it also has some cons, which is why there are still some changes and ideas that I would like to see implemented in our healthcare system.
In the last four years, the United States has implemented a new reform in our medical system called the Affordable Care Act (ACA). Its goal is to reform the health care system, by providing Americans with a more affordable health insurance policy. It also tries to compress the growth of healthcare spending in the United States. The ACA offers Americans better health coverage because of the widespread reforms that are included. These reforms will expand our healthcare coverage, hold insurance companies liable, lower health care costs, guarantee more choice for patients, and improve the quality of healthcare for all Americans (Markette, 2011, p. 12). As the law has passed, there have been many people affected. For example, the craft supply
Within the film The Dark Knight, one of the many techniques used was symbolism. One of the symbols that was portrayed throughout the film was Two-Face’ coin, it represents how Two-Face leaves his choices up to chance, but since the coin got burnt everything equals a messy death. When it comes down to it everything is a life or death situation although there were a few scenes that showed that Two-Face didn’t always listen to what the coin said because “he makes his own luck” (Nolan 2008). Another symbol was the bat signal, it represents the trust between Batman and Gordon. Harvey did use the bat signal at one point and violated the personal connection between them, which was wrong, only Gordon was allowed to use it because he earned the right
As we all know that, English is a global language. Language is a familiar feature of our daily life. It is a human and social activity without which human beings cannot function in the society. It is one of the basic needs, and one has to learn it. It is the flesh and blood of our culture. According to Leonard Bloomfield (1935), “Each community is formed by the activity of language.”