The Affordable Care Act ( Obamacare ) Essay

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On March 23, 2010 President Barack Obama put into law the Patient Protection and Affordable Care Act. It is commonly referred to as the Affordable Care Act or Obamacare. The primary goal of the Affordable Care Act was to increase health insurance quality and affordability for the American people. The law introduces new rules for insurance companies requiring acceptance for all who apply. It requires that the same insurance premiums be charged regardless of race, sex, or pre-existing conditions. Initially the amount of people who did not have insurance dropped from 16% to 18%. The affordable care act has also created health insurance exchanges or the health insurance marketplaces. Health insurance exchanges or marketplaces are government regulated websites or designated signup offices where individuals can purchase insurance. However, one of the most important mandate that is included under the affordable care act is the requirement for the individual to buy insurance or pay a penalty. This has been a problem to most Americans and the reason it was almost deemed unconstitutional.
The current issue with health insurance in America is rising prices. If they continue to rise millions of middle class Americans will no longer be able to afford health insurance. There are two main reasons that health insurance premiums are on the rise. The main reason health insurance premiums are rising is the cost of health care is skyrocketing and has every year. Under the

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