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The Affordable Care Act Of The United States

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Healthcare in the United States is in a crisis situation. Healthcare costs are rising to the point where people are required to pay their health insurance premiums and deductibles over having enough money to cover groceries to feed the family. It seems our government is at odds in terms of the success with the Affordable Care Act and the outcomes we are witnessing from its’ implementation in our country. Many Americans understand the incentives of having healthcare insurance coverage and the benefits it can provide. With so many more individuals entering the healthcare insurance marketplace due to the guidelines of the Affordable Care Act we also see an impact to the supply and demand of healthcare availability and healthy outcomes. …show more content…

Close (2016) confirms the cost of healthcare to our government is far exceeding what was originally estimated. The costs over the next decade are expected to be close to $1.34 trillion which is about $136 billion over budget. Barillas (2016) finds government agencies are predicting healthcare insurance premiums for employer based coverage will increase up to 60% by the year 2025. It seems the Affordable Care Act and the expectation of assisting with the healthcare crisis has only added more challenges to the rising costs of healthcare. Someone will have to pay for those increased costs through additional taxations or some other regulations which can directly impact the reduction of funds needed to control healthcare costs. Many Americans do understand there are other things contributing to increasing healthcare costs such as unheard of prescription drug prices and high rates of medical inflation. One point is clear, as discussed by Hilgemann (2015); President Obama wasn’t right when he told the American people the Affordable Care Act would lower their premiums up to $2500 per year. People are often blaming healthcare insurance companies for these higher premiums when they may not really understand that these insurers are losing money also. Hilgemann (2015) indicates only about 23% of insurers in the Affordable Care Act exchange

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