Governor John Bel Edwards of Louisiana enacted an executive order on January 14 to expand Medicaid through Obamacare in the state. The order will be effective July 1, 2016. Obamacare, also known as Affordable Care Act (ACA), is a healthcare reform law that aims to care for the health of U.S. citizens. More specifically, this law helps lower-income family access an affordable health care through taxes. Barack Obama made it his primary objective to pass this healthcare reform law, and signed it on March 23, 2010. The Supreme Court upheld this law on June 28, 2012. The ACA has been met with mixed responses over its lifetime. Some conservatives argue that Obamacare is inefficient and detrimental to the economy because it is too expensive. The …show more content…
On the other hand, supporters show through statistics that Medicaid, with the latest addition of Obamacare, has benefited up to 17 million Americans since 2013. The big improvement allowed many people to be insured under the health care umbrella, they argue. Furthermore, ACA has drastically reduced the amount of people without health insurance in half a century. Despite the growth of people insured with Obamacare, the latest study by Moody’s Investors Service claims that nonprofit hospitals under this expanded Medicaid are unsatisfied with the results thus far. Instead of a result of reduced debt and monetary progress at hospitals, they face unpaid bills, and Americans paying out of their own pockets, the study says. Previous Governor Bobby Jindal of Louisiana was against passing ACA in the state, and due to his actions, Baton rouge hospitals emergency rooms are shutting down. After Governor Edwards ' executive order, Louisiana will now become the 31st state to pass this healthcare reform law and will be the first to do so in the Deep
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.
First, state taxpayers may experience rising healthcare costs disproportionate to other states (Mahan, 2). Without tailored federal assistance, health care costs may contribute to an unbalanced state budget that burdens the taxpayer. In order to account for this, states may be forced to eliminate certain programs, therefore, leaving some without coverage. Medicaid currently covers almost 70 million Americans, including one in three children, four in 10 births and 70 percent of nursing home residents (Kodjak, 2). With the implementation of block grants, especially without clear guidance and infrastructure, those currently covered by the Affordable Care Act could very well experience reduction or loss of their health coverage.
“Healthcare Reform 101,” written by Rick Panning (2014), is a wonderful article that describes, in an easy-to-understand language, the Patient Protection and Affordable Care Act, signed into law March 23, 2010. The main goal of the Patient Protection and Affordable Care Act was to provide affordable, quality healthcare to Americans while simultaneously reducing some of the country’s economic problems. Two areas will be covered throughout this paper. The first section will include a summary of the major points and highlights of Panning’s (2014) article, including an introduction to the ACA, goals of the signed legislation, provided coverage, and downfalls of the current healthcare system. The second part will be comprised of a professional
The Patient Protection and Affordable Care Act (PPACA) was signed into law in March of 2010. Assess the effectiveness of the PPACA in the past year both for a person and for the nation, declare an opinion of whether the law is good for the economy or bad for the economy, and finally - from a health policy perspective, suggest if any changes need to be made to the law in the future, what those changes should be, and why. The Patient Protection and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA) or, colloquially, Obamacare, is a United States federal statute signed into law by President Barack Obama on March 23, 2010. The comprehensive health care reform law enacted in March 2010.
Opposition of Medicaid The Affordable Care Act or Obamacare was meant to lower the cost of health insurance for low-income Americans making health care more affordable. The idea of this act caught everyone’s attention and seemed to be too good to be true, after hearing the promises made in the act by the Federal Government. States had a choice to accept it or reject it, the government would pay one-hundred percent the first three years and eventually be responsible for only ten percent of the cost by the year 2020. Many states rejected Medicaid expansion causing a coverage gap 3.1 million people uninsured poor adults. Enacting this law took a huge toll on the insurers, enforcing rules that will change the way they spend their funds and either
A Second Look at the Affordable Care Act David E. Mann, ABA American Military University POLS210 Abstract Since the passing of the Patient Protection and Affordable Care Act (PPACA), twenty-eight states have either filed joint or individual lawsuits to strike down the PPACA. This document will examine a few key elements that the President of the United States must take into consideration when reviewing the act and moving forward to either ratify the act, replace the act, or leave the act as it is. Topics that will be presented will include; the current issues being debated, two competing thoughts on how to fix the ACA, an evaluation of the preferred solution, and finally the responsibility of each level of government. Patient
How would you feel if someone told you to buy something you don’t want? That is what President Obama has done with the Affordable Health Care Act also called ObamaCare. Although ObamaCare says it will provide affordable health care for more Americans, which it will. Only Americans making under 400% of the federal poverty level (FPL) will qualify for cost assistance subsidies. Those barely above the poverty level who already have cheap limited coverage that were benefiting saw premium hikes go up in 2014.
The Patient Protection and Affordable Care Act, also known as Obamacare, was a law signed by President Obama in March 2010. According to the United States Health and Human Services website, "This Act puts individuals, families and small business owners in control of their health care. It reduces premium costs for millions of working families and small businesses by providing hundreds of billions of dollars in tax relief – the largest middle-class tax cut for health care in history. It also reduces what families will have to pay for health care by capping out-of-pocket expenses and requiring preventive care to be fully covered without any out-of-pocket expense... It keeps insurance companies honest by setting clear rules that rein in the worst
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).
Twenty million people have health care since Obamacare started on March 23, 2010 that didn’t have health insurance before. Since the first five years of Obamacare has happened the amount of savings for prescriptions is over fifteen billion dollars (Roland, The Pros and Cons of Obamacare). The fifteen billion plus dollars in savings has helped more afford those prescriptions and drugs. They’re many stories of how Obamacare helped save people's lives.
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.
The ACA has been making advances in decreasing the amount of uninsured Americans and trying to minimize the amount of healthcare disparities. With the advances throughout history there is still a long way to
Health care is a basic human right. Everyone thinks it is just the poor or elderly who need healthcare, but it's also the young. Thanks to Obamacare, no one is no longer being opt out of the system.