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.
Pros
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.
Cons
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
Ever since the Affordable Care Act has been implemented it has been described as something that will help the economy. More people with health insurance, more jobs, and a lower national debt were a few things described as results of Obamacare. Unfortunately, the exact opposite has occurred. For starters, the Affordable Care Act is killing full-time jobs. The Affordable Care Act is requiring businesses to provide all employees with health insurance if there is at least fifty
According to Chaffee, Mason, and Leavitt (2007) this act provides coverage for up to 32 million of the 45 million uninsured by 2010. It prevents insurance companies from denying coverage to those with pre- existing conditions and also inhibits these companies from removing coverage from people who develop serious illness (Open Congress, 2009). Moreover, it blocks insurance groups from applying annual and lifetime caps on coverage (Chaffee, Mason & Leavitt, 2007).
In any case, 18-24 year-old were the main age gathering to encounter a significant decrease in the rate without insurance over the previous year, from 29.3% in 2009 to 27.2% in 2010, which speaks to 500,000 less youthful grown-ups without medical coverage. The Affordable Care Act permits kids to stay on their folks arranges until age 26, and this approach produced results for protection arrange recharges starting on September 23, 2010.
The Affordable Care Act was created to make an attempt to reduce the amount we pay for healthcare. “Healthcare premiums were too expensive for many families to afford,” is a common issue among citizens today, and we have come to the conclusion that Obamacare can help reduce that amount. Ever since this has been put in place, many Americans deny this, but it says that even if you aren’t 100 percent healthy it will still cover you, unlike regular healthcare premiums opposed that. Another benefit that is presented, it that you don’t have to have a high income or good health to be covered, the act says that it will cover you no matter what condition or state you are in.
The Affordable Care Act also known as Obamacare increases the quality, accessibility, and affordability of health insurance for all types of people with various financial status. In exchange, people who do not have an insurance would have to pay an additional fee for not having han insurance. This policy would make more people get an insurance and receive benefits as they grow old. This would ensure that it is not cheap for the people who are actually able to pay for their service. This law, stops insurance companies from dropping you when you are sick, protects against gender discrimination, expands free preventative services and health benefits, expands Medicaid, improves Medicare, requires larger employers to insure their employees. This would ensure equality for all patients are patients would not be abandoned when they are severely sick or not able to pay for their treatment. This also creates a marketplace for subsidized insurance providing tens of millions individuals, families, and small businesses with free or low-cost health insurance, and
The Affordable Care Act, in other words “ObamaCare” has been a train-wreck of a bill that was rushed into law in March of 2010. This law is the basis of the 2008-2012 Democratic-lead government’s platform that would end up securing the 2012-2016 elections for them. This law was not, pushed so fervently to help the nation, as much as it was to help re-election bids. I believe that the Affordable Care act should be repealed, but not necessarily replaced. The whole principle of government mandated and managed health care is inherently flawed, as to do so, the government must lay out blanket regulations and requirements on both insurance companies and the common citizen, that in a lot of ways aren’t beneficial to
The ACA provides various benefits to Medicaid enrollees by expanding coverage to include mental health, prescription drugs, family planning services, hospice care for children, tobacco cessation, preventive and obesity related services. The main provision of the act is to reduce cost while improve the quality of care and the way it is delivered. The law prohibits insurance companies from dropping coverage for any reason, provide insurance even if there is a pre-existing condition. Provide coverage for preventive services and immunizations. Dependant coverage is extended up to age 26. The law established a cap on insurance company’s spending on non-medical costs and administrative expenditures. Insurance companies cannot charge more money based on an individual’s health status, gender or salary. The ACA reforms Medicare by closing the coverage gap also known as the “donut hole” by continuing coverage for prescription drugs.
The Affordable Care Act does many different things as we have started to state above. All of these are important factors to achieve the goal of affordable and quality healthcare for all. The ACA offers Americans a number of new benefits, rights and protection in regards to their healthcare. It is trying to improve Medicare, which is primarily for the elderly, and how they treat these seniors with long-term disabilities. It is trying to expand Medicaid, which is primarily for low-income or needy people, to all adults needing it in many states. The ACA set up a Health Insurance Marketplace where during
While Affordable Care Act has brought insurance coverage to many uninsured individuals, it might have indirectly caused some people to loose their employer healthcare coverage. “But some skeptics had worried that those sign-ups weren’t uninsured people, but
Although Obamacare has many pros and cons, I do believe that it is very beneficial to many individuals. There were peiople whjo ghad no idea of hw they were gouing to pay fopr there medicine. Obamacare is giving people the opportunity to go to the doctor and get checkups to make sure they are in good health. Siome people would be sick but avoid going to the docotr becasusde they had no way of pasying for medical expenses. I do believe that the Affordable Health Care Act is teh reason that some places do not accept insuracnce. At one point in time, doctorsd offices and hospitals were not as limited oni the type of insurance they accept as they are
There are many benefits that come from the Affordable Care Act. According to the U.S. Department of Health & Human Services, “health insurance companies now have to pay at least eight cents of your premium dollar…or provide you a refund” (“About the Law”). Consumers can now save more money or look for a return after treatment. Insurance companies are hit hard with this Act due to having to pay the majority of your health care bill. Insurance companies now have to display and justify rate increases publicly. This new regulation has lessened the amount of issuers demand for premium increases and saved Americans millions of dollars (“About the Law”). With the Affordable Care Act, insurers can longer deny consumers with pre-existing health care issues. No longer will people be discriminated on due to prior health problems. This new rule helps millions of Americans that have never been insured due to this; finally have coverage to help pay the expenses of their condition.
HealthCare has always been a major issue not only in the United States of America but in the State of Texas. Many politicians argue over what is known today as Obama Care. This essentially is known as the Affordable Care Act. This act requires most Americans to have some type of health insurance in turn raising others health insurance to pay for those who can’t. Politicians can go back and forth on this issue but I believe that there are many pros but also many cons to Obama Care. Is this what is best for the country?
The young population gained coverage when young adults became eligible to join their parent’s policies. Now parents with children under the age of 26 may cover their children regardless of dependency status identified by tax filings (Blumenthal, Abrams, & Nuzum, 2015). This is a huge benefit because young adults in the past would lose their coverage before they could secure employment with benefits after school. In addition states are now able to expand their Medicaid programs, this has provided coverage for an additional 10.8 million Americans (Blumenthal, Abrams & Nuzum, 2015). Many adults who are seeking coverage through the ACA find that they are in fact eligible for Medicaid which greatly reduces out of pocket expenses to families which motivates individuals to be proactive in their own healthcare. Another benefit to note is the elimination of discrimination against persons with preexisting conditions and eliminating the financial limits on care (Blumenthal, Abrams & Nuzum, 2015). By discriminating against preexisting conditions and eliminating financial limits on care citizens are able to receive the coverage they need regardless of their health
Those young adults can stay on their parent’s insurance plan until they are 26. That has also been an awesome improvement; however some of the Negative aspects of the Affordable Care Act would be that
The main principal of the Affordable Care Act is that all Americans can now have the coverage they need, at the price that they can afford and not have high medical bills to pay.