A healthcare is a provision of medical care services to the society in an organized way. Healthcare system has been over the years improving to provide better services to improve the quality of life. Currently, the healthcare system has advanced to incorporated new technologies offering careers and therefore availing revenue for application in the research. Despite the improvements in the healthcare, in the last few years, it has been declining in quality leading it into turmoil. The system has been failing in offering fundamentals job to offer satisfying services to its clients just like any other business.
Reasons for healthcare in turmoil
The healthcare system is in turmoil despite the affordable care act which was to provide healthcare
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The affordable care act was enacted in 2010 and started functioning in 2014, it was an act to ensure citizens are covered though it did not cover everyone living out about twenty-seven million who are still not insured. Amongst those who were not insured are illegal immigrants, low-income individuals in states who could not afford premiums, individuals who unquestionable reasoned insurance was not financially sound, and some who believed they could live without insurance cover. Those who are insured are still not satisfied since coverage of health insurance is not enough since they lack better quality care to patients who seek healthcare services. This, in turn, makes the patients not to get a service that gives health. The impact of lack of coverage to those who are not insured under the PPACA is that when you are capable of being insured and you don’t you will pay a fee called individual shared responsibility payment. And in a condition whereby you are met with an accident and maybe ill, the healthcare service will be fairly expensive due to the rising cost of healthcare, therefore, disadvantaging the affected …show more content…
Other benefits gained from the national health insurance is the quality service improvement, reduction in cost, reform on the payment, prevention and wellness and providing financial services for the new healthcare. The financial benefit is by having a healthy young nations health insurance will subsidize the senior citizens and those who are experiencing less health status having a counter form making it cheap to finance the healthcare hence ensuring the cost reduction. The new healthcare has reformed the payment where the affordable care acts the value and outcome will be paid for against the former one where one is rewarded for doing more. The quality service improvement will involve the showcasing of indicators of quality and be conducting research which is efficiently comparative. Additionally, the wellness and prevention where there is an investment in the preventive medicine and on the wellness by providing the incentives to carry out the
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.
Although, PPACA provides healthcare to everyone, in order to get money to insure all of these people, new taxes were created. The people who suffer the most are the ones that barley miss the Federal Poverty Level and can hardly afford the cost of living, much less having to pay for healthcare. With PPACA, the insurance companies must cover sick people and this causes everyone 's insurance cost to rise. Health insurance offered by businesses can be expensive, this means that lower wage workers might not be able to afford coverage and cannot get cost assistance. With this being said PPACA should be
“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 affordable care act is a United States statue signed into law by President Obama in March of 2010. It represents the most significant improvement to the U.S. healthcare system since 1965 with the addition of Medicare and Medicaid. Also known and commonly referred to as Obamacare, it was enacted to increase the affordability and quality of health insurance, diminish the rate of the uninsured by expanding public and private insurance coverage while reducing the cost of healthcare for individuals and the government. This law will require Hospitals and doctors to reconstruct financial practices along side with technologically and clinically to advance better outcomes, reduce cost and improve methods of accessibility.
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
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
Furthermore, with the indication of health coverage, necessary care and improved population health
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.
The law that was intended to improve the status quo of health care has, in essence, caused a dangerous paradigm shift in health care costs. Fundamentally, the Affordable Care Act is a failed attempt to reduce health care costs in the United States. The Act was designed to increase affordability of health insurance for extremely low-income families; nevertheless, the Act exponentially increased health insurance costs for the majority of Americans. In America, majority rules-- why should health care be an
One of the most significant current discussion about health care is the introduction of Affordable Care Act (ACA or Obamacare) in America. The aims are to improve the quality of health care services and expand the public insurance companies, Medicare and Medicaid, so that to reduce the numbers of uninsured. As the government has increased taxes; and fines will be collected if citizens and businesses aren 't purchasing or providing any health insurance, the period of introduction and implementation, the America’s economy has resulted a big change in different aspects, such as the rate of economic growth, unemployment, government expenditure and the society influences, so it brings out the argument on “should the government repeal the act?”. Although
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.
Obama Care also known as the Affordable Care Act signed in by president Barack Obama in 2010, This was to insure that all the Americans will have free access to medical care if they got sick and it would will help reduce the growth of healthcost spending in the country, hence in economic and stability growth among the citizens of America. Right now in the USA the ObamaCare law is a permanent part of the landscape, The USA republicans said that, despite the high court decision upholding various subsidies, the law itself remains the largest and dangerous threat to health care. Although it has its own benefits, Obamacare is increasing costs for hardworking families. Republicans argue that many people have to pay higher costs or see their former policies canceled. Which is leading to poor economy and increasing of debts and deaths within the country.
Health care cost has seen to increase gradually as years go by. This has been influenced by major factors such as political influence, emerging chronic diseases, new procedures that are coming up including the technologies being invented for treating illnesses, pricing of medicines and treatment is not regulated and when treating ailment their may arise repetition of tests or a patient gets over treated for a particular ailment. The cost of healthcare has increased due to chronic diseases such as cancer and diabetes etc. The lifestyle people are living in this generation has led to the development of diseases that are expensive to treat or has led to there being over treatment in such for a cure of a particular ailment.
The national insurance may lower the income of the doctors and no have a strong incentive to encourage the health care provider to provide better health care services or medication. This may lead the young generations reduce the interest to become a health care provider. In the last, this will result shortage of the health care provider in the future and may create a big problem in the future. Without the health care provider, the healthy population in the country may face the hardship and may very difficult to handle and solve the problem.