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 affordable care act should stay in effect because even though it may cost more, it regulates private insurance to get more rights and protection for each person. The Affordable Care Act's purpose was to help give access to affordable health coverage to those who are uninsured. Back in 2009, President Barack Obama said," So let there be no doubt: Health care reform cannot wait, it must not wait, and it will not …show more content…
People could find these insurances easily through the healthcare marketplace. To make sure every person is covered properly you can either keep you current plan or get a minimum coverage plan (obamacarefacts.org). If you don't have a health care plan by the end of the year a fee will be put on your year-end Federal taxes for each month you go without coverage (“obamacarefacts.org”). To avoid this fee you can get an exemption or just simply obtain a minimum coverage plan. Getting a private insurance or other kind of insurance, each person must apply in their enrollment periods, which are different for some (useconomy.about.com). Enrollment periods are only open for a limited time, so everyone must make sure they apply in the time it is open or they will have to get coverage by another plan. Purchasing these health care plans could come from the provider, through work, broker, Medicare or Medicaid, or from your states health insurance official
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 affordable care act presented the United States with the most extensive overhaul since the passage of Medicare and Medicaid in the 1960’s. The act was a response to staggering statistics on the price of healthcare and the resulting uninsured rate within the United States. The affordable care act uses Individual Mandate and Health Insurance Exchanges to combat major factors causing high insurance cost and low insured rates. As with most reform, the public has not been one hundred percent unified on the potential effectiveness of the Affordable Care Act.
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
The Affordable Care Act: The Good, The Bad, and The Confusing Healthcare is important. Without it, people would not have the adequate means to acquire treatment for illness or injury. However, the United States does not have universal health care for everyone, nor is means of gaining healthcare affordable for all. To try to solve this problem, President Obama began working on healthcare reform almost immediately after assuming office in 2009.
The Affordable Care Act is an act that helped many people who would not have otherwise gotten help, many families can now afford care for their kids and plans can now be given to people without Medicare. The Affordable Care has made America better more people are getting help and more money has even been place in to the heal care system. This act is the start of a beginning of a time where people can get good care and continue to get coverage. Over time there is a going to be a change is how medical care is
The Affordable Care Act: Bad For Some, Great For Millions For sometime, many US citizens have not had the resources to acquire an adequate health insurance plan. Although faced by many oppositions, the US government has found a solution, The Affordable Care Act. The Affordable Care Act, also known as “Obamacare”, is a US healthcare reform law that focuses mainly on providing more Americans with access to an affordable health insurance. The Affordable Care Act is said to expand the affordability, quality, and availability of private and public health insurance through consumer protections, regulations, subsidies, taxes, insurance exchanges, and other reforms. Signed into law by President Obama in March 2010, hence the nickname “Obamacare”, the
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.
How do I get covered? Either through employer, government, own, or none. If a business has over 25 full-time employees, the owner has to offer coverage. People under 30, who cannot afford health insurance, and does not qualify for Medicaid and had a “hardship” exemption; they may be able to get a catastrophic plan. You can shop for for health insurance at Healthcare.gov, it is the official marketplace for health insurance.
(What is Obamacare) ACA helps give health insurance to people who may otherwise not be able to afford it. Under ACA, your insurance company can no longer cut off benefits because you or your employer made a mistake on your insurance application. Before ACA, insurance companies could not only cancel your coverage because of such mistakes, but demand payment in full for any money paid out under the policy. Insurance companies can also no longer charge you more or refuse coverage for pre-existing conditions, despite being turned down in the
Obamacare is really called The Affordable Care Act and it was created to increase health insurance quality and to make sure that anyone including some poor people can afford it. Also, Obamacare requires them to cover for pre-existing conditions. In other people’s opinions they think that some poor people don’t have enough money to pay for health care because they’re not spending it wisely. Some politicians are trying to replace Obamacare with a new medical plan. I think they still should have Obamacare because poor and sick people can afford it and if we get rid of it then those poor people can’t have health care.
46.8 million Americans were reported as uninsured in 2013, which equivocates to one sixth of the population. Those without insurance have revealed that they risk “more problems getting care, are diagnosed at later disease stages, and get less therapeutic care” (National Health Care Disparities Report) and those insured risk losing their insurance. Inadequately covered citizens are often working-class individuals who simply cannot receive insurance due to uncontrollable inconveniences and therefore jeopardize having medical coverage. In these instances, Americans have a chance of being diagnosed with diseases that they had no opportunity to prevent or could not diagnose them at an early stage of the illness. Patients have suffered unnecessarily due to lack of health care, and “18,000 Americans die every year because they don't have health insurance” (PNHP).
The majority of American healthcare are the low income consumers, is a total of 55% who receive health insurance are through their employers and 32% receive health insurance through a government programs. Some of the Federal health care officers were aiming low-income consumers with new advertisements. For most of the
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.
It be treated in the public hospitals and clinics that is supplied by public insurance since it lacks the least facilities that can treat any patient, consequently low, middle, and high income families shift to private insurance since it can provide the least facilities. Adding to that, private insurance can provide a plan of payment according to the patient’s salary, but each plan has its benefits and coverage. Some other private insurance have special enrollment periods. For instance, according to HealthCare.gov (2015)“ special enrollment period such as having a baby, getting married or moving to a new