The Tax Penalty Under The Affordable Care Act

“The Patient Protection and Affordable Care Act: Implications for Public Health Policy and Practice.” Public Health Reports. Association of Schools of Public Health. n.d. Web. 14 July 2015. This paper claims that the PPACA will cut the number of uninsured Americans in half. The act attempts to provide nearly universal coverage and improve the quality and equity of said coverage through reforms to insurance standards and the marketplace. It also attempts to improve the quality of healthcare and the efficiency of its delivery by allowing consumers to edge the system into a more integrated state and measuring performance. It attempts to encourage preventive medicine by targeting chronic illnesses and funding community-based medicine. These changes will bring huge opportunities for improvement in the system, many of which are subtle and nuanced and will only be seen as the plan rolls into act over the next few

As American transcendentalist Ralph Waldo Emerson once said, “money often costs too much”. This famous quote can be interpreted in many different ways; it seems very logical in parallel to the idea that money can result in a high social and moral cost. As individualistic as American society is, the preference for monetary stability has become a higher priority for Americans than general societal health and stability. It is then not a surprise that the Affordable Care Act (ACA, also known as ObamaCare) has become one of the most controversial health care reforms as it looks to improve the health care system for the country whilst conflicting with cost reform at the same time. Essentially, the ACA is a program that works to entirely reform

The Affordable Care Act (ACA) has been a topic of dispute since its introduction and continues to be discussed by politicians in the U.S. and throughout the world even after its passage. The Act has many opponents and is the cause of much controversy nationwide, primarily because it introduces higher healthcare costs for the richest citizens. Nevertheless, the ACA is an important stage in the American healthcare development process as it not only allows more people to receive healthcare services, but will also reduce the deficit. However, not everyone agrees. The policy is controversial in terms of cost vs. benefits, but the benefits ultimately outweigh the costs.

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

After the inception of ACA that is Affordable Care Act on March 23, 2010 various policies and regulations has been proposed which has more controversy (www.healthcapital.com, 2013). Affordable health act has impact on the stakeholders in different manner. The main concern in the medical field is the input cost which is increasing continuously. This is the biggest challenge for the US government as the increasing cost makes it impossible for the government to allocate appropriate resources in managing the requirements of the ACA public policy. There are more initiatives taken by the US government in implementing the ACA in an appropriate manner by continuously improving the quality of health care at affordable lower costs

This year’s fine is expected to be an average of $969, an amount 47 percent higher than last year. Granted there are fair exemptions from paying the fine, either than living in poverty or other life disadvantages, it is hard for many individuals to fit under the category. With an expected growth in these penalties yearly, they are starting to become much expensive than actually having health insurance plan back before the Affordable Care Act was put into play. People who chose to not pay for health insurance are being required into either registering with ObamaCare, or be forced to pay a premium fine. Though made into law, this recent rule has made it feel unconstitutional for individuals who are used to the choice of having health coverage. Despite the negative portrayal of this penalty, the amount of people in the United States who do not have health insurance is at a momentous low of around 9 percent.

Despite the fact that the ACA is intended to be great ideology, it has affected three components of the current health care system operation, policy, procedure, and implementation. The first key factor the ACA has affected is the relationships of the health care system at large, as such individuals are mandated to have health insurance and insurers are forced to accept individuals who would

The Affordable Care Act has given aid to many people in several communities and the impact has changed lives tremendously. The ACA has improved their provisions in a way that has focused on improving the quality of the health care system and efficiency of the ways testing is done within and pay for within those

The Affordable Care Reform Act has several legislatures that have brought some changes in the aspect of the payment, delivery and education and coverage of the health care system. Some of the changes were applied instantly whereas others were to be introduced over time. One of the principal points of the Affordable Act was to establish an almost universal coverage whereby there is shared responsibility

More importantly, there are several suggestions that if applied can continue this projection toward the end goal which is access to affordable health care for all Americans. For example, state level executives should enforce a time frame for those remaining 19 states that have yet to implement the expansion of Medicaid (Kantarjian, 2017). By doing so, states such as Texas, Florida, and Georgia already would cover greater than one-half of such vulnerable individuals. States

The first main issue that people are concerned with, and that causes confusion, is what will happen to people if they do not get their own health insurance by the time the Act takes effect. In short, they will be fined or penalized (McDonough, 2011). This penalty is seen as

States that elect to partake in the Medicaid expansion now can provide coverage to its uninsured citizens. By offering the chance to obtain coverage allows them to attain preventative services that will have a favorable impact on his or her health. Along with improved health, the state will upsurge its revenue by taking advantage of the government subsidies that will initially cover the cost of the program and a majority of the premiums after that. Furthermore, Medicaid expansion lower emergency room visit and uncompensated medical can which is problematic for the industry. In states where the unemployment percentage is immense, this program will create job opportunities which will support economic growth thus increasing capital for the state.

Throughout the world today, it is almost crucial as humans that we are covered with health insurance. Many people are fully aware of the decrease in healthcare as time goes by. The Affordable Care Act is advertised all over the newspaper, television/media, and articles that piece together how it affects our healthcare insurance today. Health care is a large and important portion of the United States which requires a lot of attention to have the most successful outcome with patient care and financial stability. The ACA provides allows us individuals to maintain a well-known health care plan that can grow with the changes as they continue to be made. Global workforces around the world will continue to make changes to the healthcare facilities along with the providers joining together. Quality patient care is always the answer to professional medical staff. All in all, I will further be discussing the important information about the ACA and its credentials that essentially make up the current effects of healthcare today and what is yet to come.

The article, Internists say the American Health Care Act Will Negatively Impact Patients and Reverse Coverage Gains from the ACA, published by the American College of Physicians talks about how the American Health

The implementation of the Affordable Care Act (ACA), popularly known as “Obamacare”, has drastically altered healthcare in America. The goal of this act was to give Americans access to affordable, high quality insurance while simultaneously decreasing overall healthcare spending. The ACA had intended to maximize health care coverage throughout the United States, but this lofty ambition resulted in staggeringly huge financial and human costs.