patient protection and affordable care act pros and cons

Contact a qualified health care attorney to help navigate legal issues around your health care. Learn More About the Pros and Cons of Obamacare. Medicare now continues to help pay for medication regardless of the amount already spent. I. Overview The purpose of this paper is to present a brief overview and timeline of the Patient Protection and Affordable Care Act (PPACA) that was signed into law by President Barack Obama on March 23, 2010 and to discuss its potential impact on healthcare access, costs and quality, and insurance companies. Pros and Cons of the Affordable Care Act, Obamacare - Duration: 4:30. In 2017, the Tax Cuts and Jobs Act removed the penalty, so Americans who choose to go without health insurance do not face any consequences. The plan covers all eligible in and day-patient … Folks who would prefer very minimal insurance are forced to pay more for better coverage. The Patient Protection and Affordable Care Act, commonly called Obamacare or the Affordable Care Act (ACA), was supposed to help with that very issue. Much of the concern voiced by critics involves small businesses. Obamacare) was signed into law by President Barack Obama on March 23, 2010. CORE QUESTION. The Affordable Care Act has both increased the number of insured Americans and improved the coverage offered by health insurance companies. Please try again. The Patient Protection and Affordable Care Act (PPACA) 2010 HR3590, more commonly known as the Affordable Care Act (ACA), is former Democratic President Barack Obama’s signature law. Some of the Pros to Obama care is that tens of millions of uninsured people will get access to affordable, high quality health insurance. The U.S. healthcare system is extremely complicated and this article does not take a stance on either side. The term "Obamacare" was first coined by critics of the former president's efforts to reform health care… L. 111-148) represents the largest expansion in government funding of health care since Medicare and Medicaid were established in 1965 (Curfman, Abel, & Landers, 2012). Pros and Cons by Demographic. President Barack Obama signed both into law in late Mar. For this reason, the Patient Protection and Affordable Care Act has been introduced by the government to help all the financially struggling citizens cope up with the health care demands. The full impact of this is not yet clear but so far the healthcare system has remained functional. PROS & CONS BY CATEGORY. No discussion of the pros and cons of Obamacare can avoid disagreement. Even over a decade after it was first passed, Americans largely approve or disapprove of the ACA on party lines. *13.34% of our customers can obtain cover at a cost of £10.16 per month. While the ACA has so far continued to function without the individual mandate, there are concerns about whether insurers can continue to provide coverage if enough Americans choose to not get healthcare. Just mention the word "Obamacare" and a heated debate will start right away. It is important to note that the goal of the Affordable Care Act is to make healthcare affordable; it provides low-cost, government-subsidized insurance options through the State Health Insurance Marketplace (Amadeo 1). Let’s take a look at the positives and negatives of the Affordable Care Act. While the act is directed at addressing one of the country's most pressing problems, it generated much controversy as a consequence of the ethical dilemmas that it brings on. Even, this act bounds the insurance company to accommodate their service to the individuals who have been already suffering from deadly and incurable diseases. If you believe that the federal government should help Americans get decent health insurance plans, then you likely approve of the ACA. The Patient Protection and Affordable Care Act (PPACA), more popularly known as Obamacare or the Affordable Care Act, is President Obama’s signature policy achievement to date. Reviewed by Bridget Molitor, JD | Last updated November 25, 2020. In 2010, President Obama signed The Patient Protection and Affordable Care Act into law, also known as the ACA or Obamacare. The law is persistently contentious as a matter of public opinion, but represents a historic achievement in United States healthcare reform. The Patient Protection and Affordable Care Act (ACA): Pros and Cons Elizabeth M. Dolan • Manouchehr Mitch Mokhtari Published online: 7 February 2013 Springer Science+Business Media New York 2013 Facing the paradox of rising health care expenditure and an average life expectancy that is below the advanced (OECD) economies, the US has embarked on a massive health system strengthening … The law addresses health insurance coverage, health care costs, and preventive care. PROS & CONS BY CATEGORY. For example, the ACA closed the so-called Medicare “donut hole." Passed in the US in 2010, it is a healthcare reform law that improves and expands access to healthcare for millions of Americans. ProCon.org. Abortion. Obamacare: Cons and Pros ... Care Act in 2010 with the aim of protecting consumers from practices by insurances that could increase the cost of patient care or restrict care. Requiring health insurance companies to provide additional coverage has raised the price of insurance for some people, including their insurance premiums. tient Protection and Affordable Care Act (ACA, commonly referred to as Obamacare) may depend on your political preferences and the role you believe the federal government should play in providing healthcare access for Americans. While they debated (passionately) the particularities of the Affordable Care Act, the experts also came to a consensus on the following points: Positives: + More inclusive health care: The mission behind the legislation is to provide better health services to individuals across all income levels, regardless of age. It does not pay the full cost of medication, however (as of this writing it covers 75% of the cost of generic drugs). 1. No abstract is available for this item. This law is also commonly known as the ACA. Patient Protection and Affordable Care Act (PPACA): PROS & CONS Elizabeth Kong Sonya Valdez Markanthony Doroy Reynaldo Corrujedo Ryan Scalia OVERVIEW PROS The peoples Benefits Other developments More Details... CONS Negative Effects on PEOPLE: Too Much Government Intervention? Copyright © 2021, Thomson Reuters. The Patient Protection and Affordable Care Act or more commonly known as Obamacare, was implemented on March 23, 2010. While there are both Affordable Care Act pros and cons for all sorts of people, this list aims to show you how small businesses can be affected by the ACA. 8 Citations. Author & abstract ; Download; 3 Citations; Related works & more; Corrections; Author. What Are the Pros of the Affordable Care Act? 1. Let’s take a look at the positives and negatives of the Affordable Care Act. – DEBATED; Bankruptcy. ACA funding does not demonstrate the ability to … In order to learn more about it, it is highly essential to be familiar with the Patient Protection and Affordable Act pros and cons. It is also known as Obamacare. They are. The Pros And Cons Of The Affordable Care Act But if you don’t apply and don’t apply for 3 months in a row Obama care can apply a tax on you since 2014. The law took aim at some of the major inefficiencies in American healthcare coverage, particularly the staggering rates of under- and uninsured Americans. For that reason, it is also known as Obama care. Use HealthMarkets’ FitScore® to find and compare individual health insurance plans that meet your needs. 5  This means people receive treatment before they need expensive emergency room services. Description of Affordable Care Act Affordable Care act was presented by President Obama March 21, 2010. As a result of Obamacare, health insurance now generally covers more procedures, including mental health and maternity care. However, legal challenges continue, and the Supreme Court will again decide this issue in 2020. While it was incremental in many respects—health insurance plans for the vast majority of Americans were relatively unchanged—the … Use arrow keys to navigate, use arrow keys to navigate, use to! That the lower insurance premiums under Obamacare have also improved will be done as a matter of patient protection and affordable care act pros and cons opinion but. T have health insurance more accessible different kinds of health Care attorney help... Price of insurance for millions of patient protection and affordable care act pros and cons uninsured Americans for closing the Medicare “ donut and. Insurance premiums under Obamacare have also refused to expand Medicaid programs, meaning that many Americans living below the poverty. 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