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The Affordable Care Act ( Aca )

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Financial Impact of the ACA: Affordable or Absurd? The Affordable Care Act (ACA) has definitely had a tremendous impact on the economics of health care within the United States. However, is this actually the impact that was intended? There are many political controversies over the ACA, which leaves unanswered questions about the true financial projection of the new healthcare reform. The pricing of new health care coverage has forced cost-shifting but more so price discrimination. The main intent of Obamacare was to eliminate the high volume of uninsured individuals; unfortunately the impact has taken a different approach and perhaps has had a negative effect on the economy. Negative Impact from ACA ” If we continue spending at current projected levels, the U.S. economy will be exposed to the risk of a sovereign debt crisis that would force economically crippling tax increases or sudden and severe cuts in government spending that would have long lasting negative consequences for U.S. economic growth and employment.” (Howard, 2011) Many small businesses have had to close their doors due to lack of company profit to off-set the cost of insurance to their employees. In addition, many businesses lay off workers to balance the new financial burden. This left numerous amounts of people left unemployed and now insured under government insurance (Medicaid and Medicare) as a result. Howard (2011) describes the pay or play that is mandated for these business owners, for

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