StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The Obamacare Act - Essay Example

Cite this document
Summary
The paper "The Obamacare Act" highlights that there are those who will benefit from the program while others will be constrained. However, time is not yet to discredit this program, but with time, it will be possible to analyze the program as it rolls over…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.3% of users find it useful
The Obamacare Act
Read Text Preview

Extract of sample "The Obamacare Act"

The Obamacare or Patient Protection and Affordable Care Act were the most ambitious program adopted by the Obama administration in the health sector. This is meant for health care reforms in the United States. This act came into force in 2010. The health care plan includes a large number of reforms. These reforms will cater to Americans without proper health insurance (ProQuest, n.d.). Moreover, the reforms grant more rights to Americans who struggle to obtain health insurance through the current system (ProQuest, n.d.). In addition, it seeks to reform wasteful spending and health care programs that are obsolete. In this care program, Americans will have an opportunity to seek medical attention not considering their preexisting conditions or income. There is also the expansion of Medicaid in Obamacare. This will be in terms of adding new benefits such as increasing coverage, curbing fraudulent activities, minimizing costs, and improving care for patients (Pipes, 2010). The cost of Obamacare will increase tremendously in the coming years. The congressional budget office (CBO) projects it to cost around $1.1 trillion over the next ten years (Pipes, 2010). Obama care also affects businesses and jobs. It will help small businesses under 25 full-time employees ensure employees (Pipes, 2010). On the other hand, employers with over 50 full-time employees will have to pay a percentage of their employee’s health care or a penalty (Pipes, 2010). This paper explores the pros and cons of Obamacare effectiveness and its consistency with the constitutional framework of federalism.
There are various advantages of the Obama health care plan. First, the act reduces the overall healthcare cost by making services available to people who had no access to insurance (Chrumbelievable, 2012). Such people initially often used the hospital emergency rooms as the primary care with increased medical costs. This will be a relief to such people. In addition, it is a relief to those who cannot afford health insurance. This is because the federal government will pay the state to incorporate them into Medicaid (Chrumbelievable, 2012). Secondly, for those who fail to qualify for expanded Medicaid due to low income, the state will be compelled to set up insurance exchanges to alleviate the burden of getting private health insurance coverage (Chrumbelievable, 2012). Thirdly, those with preexisting conditions like children will not be denied insurance coverage. Additionally, insurance companies will not drop anyone from the cover once they become sick (Chrumbelievable, 2012). Moreover, parents can now put their children on their health insurance coverage up to 26 years old (Chrumbelievable, 2012). This will be advantageous to insurance companies because they will get more premiums at a lower cost for covering healthier individuals. Equally, small businesses are spared by this care while large businesses are only required to offer health insurance but receive tax credits to help employees pay premiums (Chrumbelievable, 2012).
On the other hand, Obamacare also has disadvantages. First, the increased coverage is likely to raise healthcare costs. This is because a large group of people will receive preventive care and testing without establishing whether they had a critical illness (ProQuest, n.d.). Secondly, drug cost is likely to increase in the future as pharmaceutical companies are forced to pay over $80 billion in fee for closing the “donut hole” (Pipes, 2010). Some businesses may be discouraged to hire new employees. For example, medical device manufacturers and importers are required to pay a 2.35 excise tax (Pipes, 2010). There is also the likelihood of tax being raised in the majority of the population.
Obamacare is consistent with the constitutional framework of federalism. This is because the enactment of Obamacare preserved state sovereignty (Democrat, 2012). Although it had numerous stringent federal mandates, the state had maintained substantial authority to decide Medicaid eligibility (Democrat, 2012). The state is also allowed to determine the scope and duration of coverage and has the freedom to discontinue participation in Medicaid if not comfortable with the terms and conditions contained in the program. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Obamacare Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Obamacare Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/history/1464575-obamacare
(Obamacare Essay Example | Topics and Well Written Essays - 750 Words)
Obamacare Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/history/1464575-obamacare.
“Obamacare Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/history/1464575-obamacare.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Obamacare Act

PAPER ON OBAMACARE FROM LIBERTARIANISM AND UTILITARIANISM STAND POINTS

Name: Institution: Professor: Date: Obamacare from libertarianism and utilitarianism stand points Introduction The Patient Protection and Affordable Care Act (PPACA) which is commonly termed as the obamacare was signed into a law by President Barrack Obama on March 23, 2010 as a United States federal statute.... From utilitarianism point of view, the obamacare is morally right and morally wrong.... the obamacare would also improve the citizen's access to innovative therapies which will lead to pain reduction for people suffering diseases requiring therapies....
5 Pages (1250 words) Essay

What is Obamacare The future for medicine by Obamacare

What is Obamacare According to Kimberly Amadero, Obamacare refers to Patient Protection and Affordable act of 2010 Obamacare has greatly taken root in America.... What is Obamacare According to Kimberly Amadero, Obamacare refers to Patient Protection and Affordable act of 2010 (Pipes 6).... The incorporation and the signing of this act into the American law on March 23 2010 fully legalized the act.... The act benefits the Americans in many ways including setting up insurance market where the American citizens by federal regulated and subsidized insurance of health....
4 Pages (1000 words) Essay

Legislation of Women Issues

the obamacare birth control mandate came as a reprieve for millions of American women working for private employers.... the obamacare birth control law requires private health insurance plans to begin providing free contraceptives and other birth control services to American women.... Political analysts claim that American women often act as swing votes.... he Affordable Care act, which had been signed into law in 2010, after its passage by Congress, became operational starting on August 1, 2012 (Fox 1)....
7 Pages (1750 words) Essay

Public Policy: Affordable Health Care Act also known as Obamacare

The government has lived up to its promise by enacting the Patient Protection and Affordable Care act.... The act affects many stakeholders in the market, including the insurance companies, the pharmaceutical companies, state governments, health-care institutions, and medical device manufacturers.... The act addresses This paper examines the legislation process that was followed and the likely impact of the Patient Protection and Affordable Care act....
15 Pages (3750 words) Essay

Policy and Politics in Nursing and Health Care

The present research has identified that The Obamacare Act was introduced for the purpose of reducing the uninsured number of Americans; thus introducing universal healthcare that benefits everyone.... This is because the rich feel that The Obamacare Act is not fair because they will be paying for the lazy workers.... The recent introduction of PPACA (Patient Protection and Affordable Care Act), which is commonly referred to as the obamacare has raised a significant debate issue in the United States....
5 Pages (1250 words) Research Paper

Health Reforms in USA

Similarly, an appeal was filed in the world's top court for the repealing of the law but the Court on ruled the obamacare is upheld – the ruling to which Obama referred to as the victory for the people of America.... One essential healthcare system overhaul in the USA was the Patient Protection and Affordable Care act (PPACA), signed by President Obama in 2010.... Since it became law, US has observed great debate on the national level about the 'Obamacare' act; a term coined by people against the passage of the act who see the act as bringing benefit not for the citizen but for Mr....
4 Pages (1000 words) Term Paper

Counterbalanced of the Power of the Executive and the Legislature

For instance, The Obamacare Act is one of the laws that have seen the executive and the legislative arm of the government engage in a tassel as to whether the law is good for the country or not.... The Obamacare Act, which was sponsored by the executive, should introduce certain amendments to Medicare (DeLorenzo 2000)....
7 Pages (1750 words) Essay

The Ethics of Health Care Reform

The basic motive of this project is to evaluate the ethics of the affordable care act.... Contextually, the healthcare authorities of the country have emerged with the notion of 'The Affordable Care act', which potentially ensures a better position for the citizens of the nation in terms of dealing with health-related issues.... This particular research paper intends to evaluate the ethics associated with the Affordable Care act.... In addition to this, the research paper will also discuss other vital implications associated with the act....
7 Pages (1750 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us