The Affordable Care Act is a universal healthcare program that was signed into law by President Barack Obama on March 23, 2010. It is considered as one of the most fundamental repairs to the United States healthcare system since Medicare and Medicaid passed in 1965 (Healthcare.gov, 2013). Starting January 1, 2014, the Act will take place to reduce the coverage in healthcare costs to millions of Americans by making services available to those who currently cannot receive health benefits. Under the law, a new “Patient’s Bill of Rights” gives the American people the stability and flexibility they need to make informed choices about their health (US Department of Health and Human Services, 2013). The execution of The Affordable Care Act in my opinion will have a positive impact for the American healthcare system due to various titles that include: lowering costs on coverage’s, making health plans comprehensive for all, expanding coverage, holding insurance companies accountable, but most of all improving the quality of care. The Affordable Care Act is very extensive in all its parts, so the information discussed through this paper will include different opinions of contributor’s views on children, elderly and healthcare programs as well as the positive and negative point of views of the Democrats and Republicans. The Affordable Care Act benefits are pretty clear and straightforward to any American despite of what the opposed states. It will provide coverage to more than 94% of Americans and reduce the deficit over the next ten years (Senate.gov, 2013). The Affordable Care Act will prohibit insurance companies from discriminating ones healthcare coverage due to pre-existing conditions (Klein, 2012). This change will benefit Americans with pre-existing conditions such as asthma, diabetes, high blood pressure, and etc since Americans have to be a part of the healthcare reform and must have coverage. Beginning in 2014, health insurers will no longer be able to charge more or deny coverage to anyone because of a pre-existing condition (U.S. Department of Health and Human Services, 2013). The Act fundamentally restructures Medicaid to cover all citizens and legal U.S. residents with family incomes less than 133% of the federal poverty level and to streamline enrollment (Rosenbaum, 2011). On the other hand, the five year waiting period will continue to recently arrived Americans but will qualify for tax subsidies and enrollment through a health insurance Exchange (Rosenbaum, 2011). Dependent coverage is available for children up to age 26 for all individuals and group policies (Kaiser Family, 2013). Up to 82% of nearly 16 million uninsured young U.S. adults will qualify for cost assistance or Medicaid through The Act marketplaces (Obamacare Facts, 2013). This will have a great impact for young Americans nationwide through the effectiveness of the program that would otherwise continue to be uninsured. The law is expected to spend a bit over $1 trillion in the next 10 years. The law’s spending cuts (many if which fall on Medicare) and tax increases are expected to either save or raise a bit more than that, which is why the Congressional Budget Office estimates that it will slightly reduce the deficit (Klein, 2012). The Act will allow each state to determine their decision on participating in the health insurance marketplace. In Texas alone, there was an estimate of $400 million people with Medicare who saved on prescription drugs because of the Affordable Care Act. In 2012, people with Medicare in the “donut hole” received a 50 percent discount on covered brand name drugs and 14 percent discount on generic drugs (U.S. Health and Human Services, 2013). This shows you that the Act will continue to increase over time until eventually the coverage gap is closed. The Act will also make Medicare Part D cost sharing for full-benefit dual eligible beneficiaries receiving home and community base services equal to the cost
The Affordable Care Act; often referred to as Obamacare is a new health care reform that President Obama signed into law on March 23, 2010. The law was created to make health insurance more secure and reliable and most importantly accessible to all Americans according to Kathleen Sebelius, Secretary of the Department of Health and Human Services (HHS). It was also created with the intent of providing new ways to bring down costs and improve the overall quality of care. Secretary Sebelius has also…
Title: The Affordable Care Act
August 12, 2013
Title: The Affordable Care Acts
In March 2010, the Affordable Care Act, also known as Obamacare, was passed and signed into federal law. The will in essence provide affordable healthcare to millions of Americans that are unable to afford it otherwise. Still there are two very strong and separated views on the issue of this new national healthcare plan. Questions on the constitutionality…
What is the Affordable Care Act?
On March 23, 2010, President Obama signed the Affordable Care Act into law. With the Affordable Care Act, there is an improved access to affordable health coverage and provides protection against abusive insurance company practices. Some of the other focuses that encompass the Affordable Care Act is stronger consumer rights and protections, more affordable coverage, better access to care, and stronger Medicare.
Details about the Affordable Care Act
It’s very important to obtain health care insurance from your employer. But sections has to be done with caution. I hope one day I will be a fan of the new Affordable Care Act but I’m not yet convinced. With the $$ amounts presented and what is and is not covered still concerns me. My father use to have insurance through his employment but with the new insurances coverages was force to only have the worker comp if injured on the job. His pay check in one month is about $2500.00. His insurance plan…
Discuss the Affordable Care Act (ACA)
"Affordable Care Act" also known as The Patient Protection and Affordable Care Act is the reform of health care in America which is commonly known as Obamacare by the nickname. It provides the factual representation of the specific law by expounding briefly each 10 titles Act. Each and every section of this act details what the law is all about (Kocher, 540). The Affordable Care Act (ACA) comprise of the following; the Patient Protection Act, Affordable Health Care…
Affordable Care Act
Instructor Robert Schneider
July 20, 2014
Title IV of the Patient Protection and Affordable Care Act focuses on improving public health by preventing chronic diseases (Finkelstein, 2007, p.1). The United States health system is evolving from focusing on treating illnesses and diseases to focusing on prevention and wellness promotion. The Affordable Care Act (ACA) will help to improve public health…
Detriments of the Affordable Care Act
The Detriments of the Affordable Care Act
It can be argued that there is no field as deeply opinionated as the political field. With the mass population’s well-being at stake there is always passion driving the debate. Where passions lie opinions become heated, and for someone who cares deeply on a subject it can be hard to compromise. Throughout the history of the United States, the US government has continuously tried to reform health care through various means…
To what extent should the Affordable Care Act “Obama Care”, be the responsibility of the Federal government, and not the burden of the state under the guidelines of Federalism?
In the past years down to 2008 we the people have heard conflicting arguments about the Affordable Care Act, also known as “Obama Care”. Obama Care is a health insurance plan ran by the federal government. A health insurance plan in which everyone in the United States is eligible to have weather you are rich, middle class…
Affordable Health Care Act(Obama Care)
OVERVIEW OF THE HEALTH CARE LAW
2010: A new Patient's Bill of Rights goes into effect, protecting consumers from the worst abuses of the insurance industry. Cost-free preventive services begin for many Americans.
2011: People with Medicare can get key preventive services for free, and also receive a 50% discount on brand-name drugs in the Medicare “donut hole.”
2012: Accountable Care Organizations and other programs help doctors and health care providers…
Obama care is one aspect of change in health care. What changes have been made since this act has taken place? What are some current and potential challenges that may take place or already have? How are law makers addressing these challenges? What are some of the challenges consumers may face with the health care reform act? While changing the landscape may be hard to adapt to, I will answer the above questions. Therefore by the end of this paper one will know what Obama care is, and also…