All these new restrictions, requirements, and red tape come with a price.
Healthcare plans that have provided American families with coverage are being dropped
all over the country by insurance companies since they don’t meet the minimum
guidelines of the expansive new plans that are recommended by the Affordable Care Act.
As a result of the implication of ObamaCare, millions of Americans have lost their
healthcare plans, which directly goes against the main goal of the program and Obamas
promise to America. ObamaCare has conflicted with the market for citizens who buy
coverage on their own by having new coverage and benefit mandates, therefore causing a
reported 4.7 million health insurance cancelations in 32 states (ObamaCareFacts.com).
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One of
the main issues being unemployment, which has only been made worse by the Affordable
Care Act. Retailers are slicing workers hours at a rate not seen in more than 3 decades to
try and make sure their employees don’t qualify under ObamaCare
(ObamaCareFacts.com). The American citizens are losing their vital full time jobs to part
time jobs that don’t pay enough for them to provide for their families. “ObamaCare is
causing a lot of problems with healthcare, it’s hurting our economy almost as badly”
(ObamaCareFacts.com). The hardest employees hit are ones with low job skills. The
unemployment rate is 12.9% for those with less than a high school diploma, almost 5%
higher than the national average. The rate for African American teens is an astounding
34.7%, which goes against a goal of ObamaCare, to help protect and create more equality
in the workforce for women and minorities (Manhattan Institute).
Yes, the intention of the President and his program are meant well, but is it really
worth it to hurt so many tens of millions of Americans just for a miniscule benefit of a
few? The implication ObamaCare could destroy the security of the economy
The accessibility to health care due to the Affordable Care Act has saved so many lives, more than we can count. Furthermore, every beneficial concept has cons attached to it. The Affordable Care Act was also the cause of many workers losing their employment-based
The Affordable health care act, popularly known as Obamacare, it’s a law that makes affordable health care available to more Americans since there are million of uninsured Americans and it will be cutting the rising cost of health insurance. Because of this law that grants coverage to everyone, it is increasing the rate of demand and consumer expending, making a great impact in the economy especially to GDP and economic growth. Also, not only there’s an increase in spending but also the labor market has been growing, since the employment rate has been increasing in the health care sector. While providing insurance to every American, it is generating major benefits to the newly insured like improving health, enhancing families security, increasing
The Affordable Health Care Act, also known as “Obamacare”, is basically just Obama trying to make sure that the whole nation has insurance and if they do not have it by January 1, 2014, they will be penalized with a fine. To make insurance more affordable, many Americans are able to qualify for a subsidy that lowers the cost depending on age and income. Also, “Obamacare” made it impossible for insurers’ to discriminate, or charge higher rates, for anyone who has pre-existing conditions or for a certain gender. Medicare will also be easier to obtain due to requirement of insurance. This law was passed in the U.S. on March 23, 2010 by Congress and President Barack Obama.
The article “The Ground is Shifting Under Obamacare” by Scott Rasmussen is very insightful and explains the flaws of Obamacare as a whole. I believe that Obamacare was not as successful as it should have been and he explains that it is not logical to expect everyone to want the same full coverage health care with the same expensive premiums. “The reality is that there is no one-size-fits-all solution to health insurance. Different people have different needs and preferences.” This section of the article really helped me understand what he meant, when explaining why Obamacare didn’t and never will work.
The Affordable Care Act or “Obamacare” has constituted one of the most important topics since its implementation in 2010. Since 2010, the fate of the Patient Protection and Affordable Care Act (ACA) has been uncertain. The ACA was a historic achievement for the Obama administration and Congressional Democrats. But it passed Congress without a single Republican vote, and the GOP subsequently mounted legal and legislative challenges to Obamacare, vowing to repeal and replace it. (Oberlander, 2012, p.2165).
Additionally, Obama Care was responsible for bringing down the number of uninsured Americans from “41.3 million in 2013 [to] 28 million” (Jacobson par. 4), which is definitely a huge accomplishment. In other words, Obamacare was able to drastically bring down the number of uninsured people in a short period of time of 7 years. According to the Rand Corp, however, the repeal of the ACA could lead to “15.6 million uninsured people” (Jacobson 9), which could lead to a more disastrous setting in America. With many uninsured Americans roaming the streets, the federal government will lose the opportunity to receive even a little money from low-income families, but at the same time, will be putting many at
Obamacare was supposed to help businesses grow and save money, but now it is making it harder for business owners to have a successful business because of all the extra unnecessary fees that were
The purpose of this paper is to holistically analyze ObamaCare, also known as the Patient Protection and Affordable HealthCare Act, taking into account both the benefits and shortcomings of this health care plan introduced by the Obama Administration. The Affordable HealthCare Act is not necessarily a newly introduced law, but a law that reforms existing healthcare programs in the United States. The law does introduce new benefits, however, it is largely comprised of new provisions including the mandate for all Americans to have health insurance, the expansion of existing social healthcare programs, and the mandate for large employers to provide coverage to all eligible employees. The goal of the Patient Protection and Affordable HealthCare
.” Health reform has the potential to help by providing premium assistance and lowering out-of-pocket costs” (Schoen et al ,2011). Affordable Health Care Act 0f 2010 can also be referred to as Obamacare was implemented to help Americans to have access to affordable and quality healthcare services. It has drastically the number of uninsured and underinsured individuals. Those with chronic medical conditions on high bills with little income and are underinsured between 2003 and 2012 increased by almost 80%, although, they have an insurance plan with inadequate coverage which makes them open to costs they cannot pay.
The United States no longer posses the ability to effectively drive down premium costs through the means of insuring healthy people. For example there is a town with ten houses, and, on average, one house a year burns down. If no one in the town pays for insurance they have a 10% chance of their house burning down each year. If everyone in the town pays insurance they spread the risk because no matter whose house burns down no one will have to pay anything as the insurance company will cover the cost of the house that burns down each year and make a slight profit. This is the same logic applied to the whole medical insurance market.
Do to Trump trying to reform Obamacare, it has cost some problems like less health care for people with pre-existing issues and more coverage for people that have on and off health care coverage, Medicaid would change, and
Also, regulating your healthcare does not happen through Obamacare. It will only regulate health insurance and the worst practices of the for-profit healthcare industry. In 2017, when Donald Trump became President of the United States of America, he began the process to repeal and defund Obamacare. Nothing has passed yet, though. There could be another appeal in the future that may include: privatized "block-grants" for Medicaid, age based tax credits, defunding of planned parenthood, the complete eradication of out-of-pocket cost assistance, the eradication of employer as well as individual mandates, and finally the eradication of taxes and lots on
Obamacare or the Affordable Care Act was signed into law in 2010 by President Obama. There are many changes that will and are happening because of this law. Citizens cannot be turned down for coverage because of preexisting conditions, and everyone is required by law to have health insurance coverage. Those citizens who cannot afford coverage will be able to get assistance paying for it unless they are under the poverty level. Those citizens will be able to get Medicaid if their state expands coverage.
This is a major positive effect on health and nutrition services. Registered Dietitians will now be reimbursed by Medicare when working with primary care providers for primary prevention steps and treating risk factors of cardiovascular disease and obesity.3 A major provision that the act provides is that it requires that the majority of U.S citizens have health insurance. Additionally, the Medicaid program expands to the nation’s poor and private insurances cannot deny anyone coverage who has prior conditions or diseases.4 According to Dalen, et al., since the law became an act, “Americans without health insurance decreased from “18% in 2013 to 13% in 2014”.5 Young adults now have the option to have coverage available until the age of 26 which reduces the worry of graduating and not having insurance
Before the Affordable Care Act was put into work, over 45 million Americans were uninsured. The Affordable Care Act, also known as Obamacare, was then made to help those who were uninsured. It allowed people with financial struggles with the same opportunity as everyone else to have a healthcare plan. Even though the law was passed in 2010, it took a full year of back and forth to get it passed in the Senate. Obamacare may help you get coverage, but charge you an annual fee if you don’t have one.