The next goal is efficiency, which is how much you get per input. Trump healthcare brought up a health savings account. This would-be a saving for health when you needed to go to the doctors for any issue are but any medications, but the issue is if you are not a rich American you more than likely don’t have extra money to put into a savings for health emergencies. Another component in the bill was a refundable tax credit. Everyone loves free money, and it would help with paying premiums. The issue with the tax credit is that it would be based on age not income, so younger adults who need coverage or the money to pay the high premiums would not benefit from this. In both the savings account and the refundable tax credit it was only efficient …show more content…
A lot of Americans will not be able to financially meet Trumps’ standard on efficiency. Since Trumps healthcare is letting the people make the decisions on if they want healthcare or not. It raises concerns to me on what happens to the people who are not able to make that decision themselves. You have people in the nursing home, children in foster care, and one parent homes that do not make the decisions based on knowledge or what is better for them. Not all but most of the groups I named are depending on the government to dictate their next move or an adult who is more knowledgeable then them to do what is best for them. As stated in the previous paragraph about the mandate fee, if the decision is made to do away with it many of these groups or the adults over these groups will not choose healthcare. Trumps secretary, Tom Price offered another small tax credit option. If you are between the ages of 18-35 you would receive up to 1,200 and 50 and up would receive up to 3000. This tax credit would only cover a third of what the premiums would cost these groups, and would barely help the people who are in those groups to cover them finically and to be self-efficient to …show more content…
I personally think that is efficient, because if I am still in school I will not have the same funds to pay for health insurance like an average 26-year-old with a full-time job. Having healthcare be efficient and equal gives people a since of
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I believe healthcare reform is a waste of time and money but I also see that it can be beneficial to many uninsured Americans. First of all, health care costs keep rising and in 2011 the average cost for a family of four increased by 7.3% or $19,393. This is double the cost estimated in 2003, and by 2030 payroll taxes will cover only 38% of Medicare Costs and the rest will be added to our already enormous budget deficit.
If Medicaid is not expanded to the millions who have low incomes and aren’t insured, then starting in 2014 Americans who don’t pay for health insurance and aren’t eligible for Medicaid will then be issued a tax. In 2014 Americans will have to pay 95 dollars or one percent of their income, which ever is higher. The tax will only increase from there. In 2015 Americans will have to pay 325 dollars or two percent of their income, and in 2016 the tax will increase to 695 dollars or 2 and a half percent of their income. Americans who make $200,000 or more annually and couples with incomes above $250,000 will have a tax increase to help cover the costs of the program.
Either way, those who do not benefit from this Obamacare will have to pay for it as well. This is due to the increase of taxes that will be implemented throughout the country to help support the new system. Many would say that raising taxes to those who do not have access to the affordable health care system is unjust because they do not benefit from this new reform act. “Despite the above efforts, some people ended up paying more for health insurance under Obamacare than they did under their previous private plans.” This new form system cannot become an effective reform act if the price will increase for those who do not have the access to this system. “No reform can work well or very long if its costs are unsustainable.” Along with that, for those who were ‘privileged’ to obtain this new health care system were still charged a substantial increase in their health coverage plan.
The article illustrates that how republican candidate, Donald Trump, wants to change the aspects of health care. As mentioned in the article, Trump wants to make vast decisions on health care and wants to repeal the Affordable Care Act (ACA) (Wilensky, 2016). The Affordable Care Act was created in order to help individuals obtain insurance. The Affordable Care Act was created during Obama’s presidency and is a part of Obamacare. If Trump is elected, he wants to repeal the Affordable Care Act, which can cause a variety of issues for those individuals who depend on it. There has also been a discussion about raising the Medicare eligibility age of 67, which would make it difficult for individuals who need the help before the age of 67. Individuals rely on the Affordable Care Act and Medicare because it allows them to have access to the
With the upcoming election for president, we have a chance at having Obama Care repealed. The presumptive Republican party nominee, Donald Trump, has a plan in place that will be ready to take action if he is elected president. If he is elected president, Congress will be asked to immediately repeal Obama Care. Together Donald Trump and Congress will then work together to implement a series of reforms that follow free market principles. The reforms will restore economic freedom to everyone in this country. Donald Trump’s plan will broaden health care access, make health care more affordable, and improve the quality of the care available. As part of a comprehensive reform effort, the Trump Administration will work to restore faith in government and economic liberty.
On March 23, 2010 President Barack Obama introduced a new healthcare system because various Congress representatives and Obama believed our country needed a change. This new healthcare system was called the Affordable Care Act (ACA), better known as Obamacare. It is now 2016, and it is time for more changes. With a new president coming into office, Donald Trump, we can expect changes to Obamacare or an entirely new healthcare system altogether. Obamacare is costing Americans more than it was intended to (Galen Institute). This essay will explain why Obamacare needs to be improved and how to improve this healthcare system. Obamacare has two types of supporters. The first type of supporters believe there is nothing that can be done to make this healthcare system better, while the second type think there should be changes to reinforce this health care system. Opponents believe Obamacare needs to be changed or ended altogether because they claim it is not helping the American citizens. Going forward, Trump should make changes to Obamacare in order to make it stronger instead of scrapping it altogether.
This idea would in turn help alleviate the high health care costs (Weber, 2016). Allowing all people flexibility and the choice of what they want is one of the first outcomes that should be changed for the ACA, to truly work and benefit in the best possible way. With this idea, the fine in which people must pay if they choose to not obtain health care insurance, should completely be taken away for reasons of freedom of choice and to decrease the high costs for people who do choose to get their own healthcare insurance. When reading what the new President-Elects stance is on Obamacare, I would agree with some very interesting statements. Although President-Elect Donald Trump is highly against the ACA, he states points in which could keep the ACA while also fixing it. He mentions on his presidential website on his position of Obamacare (Healthcare Reform) that we should allow the people to look and choose the best plans that they wish to receive regardless of the state that they reside. He has ideas for Health Savings Accounts (HSA) which would be essentially tax free, and a great start for a healthy, young family (Healthcare Reform). The ideas that Mr. Trump should somewhat fix this problem could actually be good for the United States. In my eyes, eliminating Obamacare altogether may not be a good idea, because there is a lot of good that it brings the people. But, in a fixing way
Repeal the ACA and introduce several new policies – According to the Congressional budget office (CBO), Trump’s plan will increase the number of net uninsured individuals by 21 million. One of the merits of the plan is it will allow insurance firms to sell across states. Though the plan might reduce costs but it would double the number of people without insurance
One of the most controversial policies implemented by President Obama and the Democratic Party was the Affordable Care Act of 2010. The Affordable Care Act aimed to cut the rate of uninsured Americans and increase the quality of healthcare that they were receiving. While this has been somewhat effective in its own regard, there is much more room for improvement. Now that insurance companies have to cover a broader scope of people, including those with pre-existing conditions, many Americans that previously had health insurance have witnessed a spike in their premium rates. This, along with an increase in new taxes on products such as medical devices and pharmaceuticals, subsidizes the costs of the Affordable Care Act; those with high incomes also received a higher tax rates.
One of President Trump's campaign main goal that could have been the determining factor in his election this last November, was to revoke Obamacare and fully substitute it with a Republican version. This version nicknamed “Trumpcare” would supposedly offer insurance for everyone at a much lower price, but as we saw in the first draft of President
"The bottom line is -- that we are making the insurance market better for everybody and that's right thing to do," our president is quoted in saying in reference to his intangible innovation, the Affordable Care Act (“Obama Tweaks”). But is the act truly a good thing? Truthfully this act isn’t good now nor will it be in the long run. This act is supposed to make health care affordable to all American citizens, but that is not the case. President Obama promised in his 2008 campaign that his health care act will be the best thing for the American people in the long run. There was never truly a problem with health care in the America initially. But now our country faces a multitude of dilemmas after this act was put into place, including,
Before the newly elected president Donald Trump officially taking over the office, he is gaining influences both nationally and internationally, and a majority of republican voters anticipate changes regarding some of the policies from Obama administration, for instance, they want to abandon Obama care and implement new health care laws, the reason for this is that people think Obamacare can be expensive at times, and the tax that some people have to pay is simply too much, therefore, newly elected president Donald Trump proposed several plans regarding his healthcare policy, and the Healthcare IT News listed his seven-point healthcare plan, and number seven will likely be controversial and openly debatable.
Currently, President Trump has failed to repeal the Affordable Care Act, yet after this occurred, Mr. Trump is stating that he is still going to help by relaxing small businesses’ current dilemma with buying expensive health insurance policies, and to eventually broaden the spectrum of healthcare available to
There are Currently 32 million people without health insurance in the United States. This means that roughly 83 per cent of citizens have to live day by day hoping they won’t get sick. For this reason, President Obama signed the U.S health reform bill into law. The health reform will make health care more affordable for citizens. Employers with more than 50 employees will be forced to provide coverage for all, or they will have to pay a fine. It will also make health insures more responsible. For example, health insurance carriers are forbidden from placing lifetime dollar limits on policies, from denying coverage to children because of pre-existing conditions, and from canceling policies because someone gets sick. It will also expand
Healthcare has emerged as a primary topic of debate recently given the rhetoric of president Trump on “repealing and replacing” our current system. His ideal replacement, which he failed to pass through the senate, has a favorability rating of 16% according to Mark Murray of NBC news (4). The GOP health care bill is projected by many healthcare experts, including Noam M. Levey of the LA times, who implies that this bill will lead to a spike in the number of uninsured Americans; this proposition also includes tax cuts, along with progressive cuts (over time) to medicaid spending from the house and senate