What Are The Pros And Cons Of Obamacare

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Obama care is quite a controversial issue. Just like normal issues discussed in every argument, there must be pros and cons and what matters is what has more weight. The affordable care act is the among the most discussed and it's also very impactful affecting the rich, middle class as well as the poor. Before coming to a conclusion, it's good that we look in details of the pros and cons of this act.
The act allows young adults of 26 years and below to be under their parents' plan. Also, a large number of adults will qualify for free or reduced insurance charges which will protect them in an emergency
Despite retaining a free market, the act will also the healthcare system to grow and give better services to everyone.
Large businesses
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Up to 9 million children will be covered under the CHIP system.
This act will ensure that many uninsured people are able to obtain treatment and care for better health through Medicaid expansion, their employers, and the Health insurance marketplace. This is quite advantageous to majorly the poor or low-income earners.
The emphasis of coverage on the young is vague since they are mostly healthy than the old. To add the young already enjoy other benefits under the ACA in terms of medical services and this means that the act is not needed.
It might be true that this system is to generate profits but Americans have the highest healthcare costs compared to other countries. Thus chances of the profit being achieved are minimal.
The Obamacare has led to the conversion of full-time to a part-time employer with an aim of avoiding to be insurance givers. Similarly, some low-income earners have fully avoided taking insurance cover in the name of being covered by their employers since the other insurance firms are too expensive for them.
The employer-based insurance coverage eliminates cost assistance by the employers to the low wage employees which are disadvantageous and to counter this, the employers will avoid marketplace
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