Cost of the Affordable Care Act The Affordable Care Act is supposed to be designed to make insurance costs affordable for Americans, rather than what the law offer for Americans to pay. The law states that everyone must have health insurance, or they will be subject to penalty. Sireesha Manne, a staff attorney at the New Mexico Center on Law and Poverty stated “For those with very low wages trying to raise kids after paying for housing, electricity, food, and transportation, and child care, asking people
Keiyonna Young 12/08/2015 Healthcare Finance The Affordable Care Act The Affordable Care Act established by Barack Obama it is a revolutionary law that was passed to change the healthcare system in America. The affordable care act has many pro and cons. Is the Affordable care a good idea? The Affordable care act was put in place to help maintain healthcare spending cost, reduce the amount of people who are uninsured, create universal healthcare, expanding coverage for young adults and to make
Abstract Health care can be described as a continued maintenance and advancement of overall health through constant provisions of medical services. Health insurance is very much needed as it serves as a protection for covered services (1279, Bonewit-West). It is important to have health insurance as it covers costs and you will pay less. Among some of these health insurances there are Medicare, Tricare, Medicaid and they all protect from financial loss without health insurance medical care would be costly
The Affordable Care Act focuses on providing health insurance to the former ineligible or to the individual who cannot afford health insurance. This program does not provide free healthcare to anyone, but makes healthcare more affordable-hint the name “Affordable Care Act”. The program is not socialized medicine in any way, shape, or form. According to Amanda Marcotte, the program allows the government to control health insurance. Not healthcare. Some citizens have taken the Affordable Care Act and
In 2010 the Affordable Care Act (ACA), also known as Obamacare, was signed into act to help reform healthcare in the United States. Before and after the act was effective, many people were concerned with how it would affect our country as a whole and on an individual basis. Many people say that the ACA is helping our country and others are not so sure. The goal of the act is to give millions of uninsured Americans access to quality health care and by also making it more affordable. Although there
Description of the Issue Background of Affordable Care Act The Patient Protection and Affordable Care Act (PPACA), commonly called Obama care, or the Affordable Care Act (ACA), is a United States federal statute signed into law by President Barack Obama on March 23, 2010. Together with the Health Care and Education Reconciliation Act (an amendment to the ACA signed March 30, 2010) it represents the most significant regulatory overhaul of the country’s healthcare system since the passage of Medicare
"The Affordable Care act (Obamacare) main focus is on providing more Americans with access to affordable health insurance, improving the quality of health care and health insurance, regulating the health insurance industry, and reducing health care spending in the US." Yet five years since the implementation of Obamacare, 30.1 million people lost there private insurance,because it did not meet the 10 essential health benefits. Another 3-5 million people will lose there company sponsored health insurance
Texas’s decision the not expand Medicaid under the Affordable Care Act has took a toll on many Texans. Texas is one of many states yet to expand the Medicaid program. With the decision not to expand Medicaid, it have left many low-income families uninsured and without an option for affordable healthcare. Texas has the highest number of people uninsured in the Unites States of America. The change has now entered the third year and only 30 states have expanded the program. There is an ongoing outreach
March 23, 2010, after Congress passed the Affordable Care Act and was then signed into law by President Barack Obama. The law was passed that the number of Americans covered by health insurance would increase. In return, the cost of health care will decrease. What is the Affordable Health Care Act? According to the Health Insurance Organization(2015, pg.1) The Affordable Health Care Act, also known as, The Patient Protection and Affordable Care Act (PPACA) –is the landmark health reform legislation
Most of the states in the US have the Vision of growing the health sector to help address issues in health. The Affordable Care Act has seen the development of the Medicaid along with the Accountable Care organizations as one of the strategies to help curb the problems in place. According to the report that was released by the White House IN 2014, it was suggested that most of the states are locked in the politics and have most of their personal constituents uninsured. Taking the instance of North