Pros And Cons Of Obama Care

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The Affordable Care Act, or Obamacare as it is more commonly known, introduced several changes to the U.S. healthcare system. The most significant was the introduction of healthcare insurance for all Americans through an individual mandate. This meant that people who did not have any form of health insurance were required by law to purchase coverage from one of the new exchanges (Blumberg & Holahan, 2019). This gave people more choices and a wider range of healthcare options. The Affordable Care Act also introduced significant changes to how health care is funded in the United States. Previously, medical costs were largely paid for by individual patients through out-of-pocket expenses or private insurance premiums. While the Affordable Care …show more content…

It would provide people with comprehensive healthcare coverage and reduce the cost of care while providing more choices for patients. The Patient CARE Act is ideal because it can provide comprehensive healthcare coverage to all Americans. A report on ACA policy generated by RAND Corporation found that the Patient CARE Act would reduce the number of uninsured Americans by 32 million while reducing costs by $337 billion over 10 years (RAND, n.d.). It would also improve access to care and lower the cost of premiums for people who purchase their coverage. The Patient CARE Act is a comprehensive healthcare reform proposal aiming to provide comprehensive healthcare coverage to all Americans while reducing the cost of care. It would allow for more choice and flexibility in insurance plans and ensure that insurers can no longer deny coverage based on pre-existing conditions (Brown, 2019). It would also provide increased financial assistance to those who cannot afford health insurance premiums. In addition, it would offer tax credits to small businesses to help them purchase health insurance for their employees. Considering the review, the Patient CARE Act is the ideal replacement for the ACA. It would provide comprehensive healthcare coverage to more Americans, reduce the cost of care, and improve access to …show more content…

Furthermore, the reform would also reduce healthcare costs for consumers by expanding the pool of healthcare providers who are eligible to participate in Medicare. Instead of ACA, the Patient CARE Act would not significantly impact the healthcare system in the short term. However, over time it could lead to greater innovation and efficiency in the healthcare sector, which would ultimately benefit consumers (Blumberg & Holahan, 2019). Opponents of the Patient CARE Act argue that the initiative would increase consumer costs by expanding Medicare eligibility. Additionally, they contend that because this reform does not mandate that insurers cover certain health services, these services may only be available at affordable rates for those who have coverage. Finally, they argue that the reform would not improve healthcare quality since it would not address key issues such as the affordability or accessibility of

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