The rapidly rising cost of health care in the United States has made access to medical care difficult for many citizens. Additionally, the number of uninsured is increasing because of job loss and reduction of employee benefits. This trend is projected to continue. The negative effect of reduced access to health care may have alarming effects on the economic well-being of the nation. The passage of the Patient Protection and Affordable Care Act (PPACA) marks the beginning of significant transformation in the United States’ health care systems. After multiple attempts to reform health care over the years, the nation’s leaders have succeeded in pushing through this landmark legislation that will ensure most Americans will have access to …show more content…
A series of events has recently occurred to cause the passage of PPACA. Economics are explicitly linked to health care. In the United States, health care coverage is provided primarily through an employer-based system. This system began in the depression era when pay was federally frozen. Companies, in an attempt to lure scarce workers, used benefits packages including health care as bait. Described as a “uniquely American” “private social security” health care system, the employer-sponsored system is the “cornerstone” of United States health care system (Blumenthal, 2006). This system has left many un- or under-insured. Blumenthal states (2006), “The United States’ dependence on employer-sponsored insurance means that the protection of its citizens against the costs of illness depends directly on the ability of private businesses to manage and absorb health care expenses that have defied all efforts to contain them.” Recently, economic downturn and the need to reduce expenses to better compete on the global market has caused many companies to both reduce their insurance benefits package and their work force causing many to lose their health care coverage. The employer-based system merged with the economic downturn, unaffordable health care costs for businesses, and
The Patient Protection and Affordable Care Act was signed into law by President Barack Obama in March of 2010. This law provides equal access to medical care, lowered health care costs and eliminates denial of coverage of pre-existing conditions to the millions of the uninsured and insured Americans that were without and denied health care coverage. Patients who were denied coverage due to pre-existing conditions can now look forward to relief and great improvement because their illness is covered in the new policy, and care is now provided for them at next to minimal cost (Stehly,
Prior to understanding the PPACA and determining its effects on health care quality, it is important to comprehend its origins and the causes of this vast change in policy. The idea of a national healthcare system, according to the Kaiser Family Foundation, was proposed as early as 1912, but lawmakers were unsuccessful until the 1960’s when Lyndon Johnson amended the Social Security Act to encompass both Medicare and Medicaid. This was the first health care reform allocating federal funding and establishing federal control over health care for primarily senior citizens and low-income families. George W. Bush made the next reform that expanded the scope of Medicare coverage in 2003 when he passed the Medicare Prescription Drug, Improvement, and Modernization Act (MMA). In the years following the MMA’s passage, private health insurance companies began to take advantage over clients,
This paper explores the flaws within the healthcare system in America that was passed as the Affordable Care Act and Patient Protection Act (PPACA); although, the intent behind the act was meant to do no harm, it seems as if the Affordable Care Act did more harm than good within the majority of the population. There are many sides to any issue, especially concerning the healthcare system within the United States, but based off of research, statistics, and articles one can obviously perceive it to be a good effort upon the American government. Questions arise upon efficiency from a physical/quality perspective of the American people, and also the monetary aspect. As stated, the issue of the Affordable Care Act is somewhat controversial and the politics of the subject are rarely black and white, but an objective view upon the issue is necessary to fully appreciate the act and constructively analyze the issue at hand, and the concerns that arose due to the act. Signed into the law on March 23rd, 2010 by President Barack Obama were the Patient Protection and Affordable Care Act (ACA). The ACA was expected to revolutionize American healthcare insurance security by expanding healthcare coverage, lowering insurance costs, improving the quality of medical care, etc., but it seemed to have done just the opposite. One can surely assume that the intent behind the healthcare innovation was completely genuine; however, one certainty can observe the issues following the ACA and Patient
Have you even wonder what the actual advantages of ObamaCare are and how they affect people? ObamaCare otherwise known as the Patient Protection and Affordable Care Act (PPACA) is designed to aid American on acquiring health insurance, especially those who are unable to receive coverage thru their jobs, the sick and the poor. The Affordable Care Act (ACA) was signed into law on early 2010 and ever since, it has set strict regulations against insurance companies over who to insure. Therefore, it gives Americans the right to apply for health insurance and find the best coverage they need, regardless of their medical history or income. As a result of the PPACA, pre-existing clauses were eliminated, while Americans can now apply for health coverage and receive better treatments options.
The Patient Protection and Affordable Care Act (PPACA) also known as Affordable Care Act has passed to ensure that all Americans have access to quality affordable health care, with PPACA millions of uninsured Americans will have access to coverage, it include measure that will lower health care cost and improve system efficiency and to eliminate the common practice of patients getting deny coverage due to preexisting conditions. With the state the US Health Care System is in now, the Patient Protection and Affordable Care Act Is long overdue, Cost-Sharing subsidies of $350 Billion over a 10 year period is a great investment to help bring the many necessary changes and improvement that are needed in the current healthcare system. Cost Sharing
Signage of the Patient Protection and Affordable Care Act (PPACA) in 2010, proved a significant milestone in reshaping health insurance, healthcare delivery, and reducing the population of uninsured persons (Teitelbaum & Wilensky, 2017). Although the PPACA serves as a step in the right direction in protecting the health of all Americans some provisions under the ACA are too burdensome given they place a financial strain on the states. Thus, many governors across the country grapple with the decision to participate in the expansion of Medicaid eligibility (Sommers & Epstein, 2013). Important to note, the desire to advance the health of populations is not without cost. Thus, as federal and state governments push for and support advances in
Health care has been a much need but problematic institution for the United States over the last several decades. Particularly private companies have been the main cause of high premiums and the denial of coverage for the previously ill. In attempts to remedy these issues congress in conjunction with the President of the United States Barack Obama signed the Patient Protection and Affordable Care Act (PPACA). The PPACA is a federal state that focused on the reformation of the private health insurance market, provide better coverage for those with existing conditions, and improve the conditions of Medicare. Within this statue there is the section 1501 mandate, the Minimum Essential Coverage Provision, which requires every citizen, besides
The Patient Protection and Affordable Care Act (PPACA) is one of the most substantial reforms in Medicare since 1965. This is now considered the law of the land according to Douglas Holtz-Eaton. The PPACA portrays a “coverage first” strategy. “Sadly, a review a of the state’s experience bodes poorly for the future of national reform.” (Point/Counterpoint 177)
The Patient Protection and Affordable Care Act (ACA), was signed into law by President Obama on March 23rd 2010. The ACA, better known as Obamacare, was put into place in hopes of reaching every American citizen with Medical Insurance. The ACA lowers the cost of insurance for all citizens. The ACA hopes to make affordable health care more accessible and reach all Americans. This goal can only happen over time through further legislative approval; the current plan for the ACA is to phase in expansions of the program over time periods in smaller chunks rather than all at once. The reason the government so keen on having all citizens insured, is because when more people are insured the cost of health insurance is evened out across all who are covered.
The Patient Protection and Affordable Care Act, which is also known to many as Obamacare, was signed into law on March 23, 2010 in order to reform the healthcare industry in the United States. The Patient Protection and Affordable Care Act is made up of the Affordable Health Care for America Act, the Patient Protection Act, the Health Care and Education Reconciliation Act of 2010 and the Student Aid and Fiscal Responsibility Act. It also includes amendments to many existing U.S. laws. The Affordable Care Act is very long to read, according to Obamacarefacts.com, “The Affordable care Act contains over a thousand pages of reforms to the insurance and health care industries.” However, most of the important reforms are included in the first
On March 23, 2010, President Barack Obama signed into law the Patient Protection and Affordable Care Act (PPACA) (Niles, 2016). The act was designed to provide insurance to a large number of Americans, also improve the quality of the United States healthcare system and to protect consumer’s rights. The act will hold accountable insurance companies for the quality of plans that they provide to consumers and make it better for consumers to understand their coverage plan. There were a lot of controversy and resistance about the act. This complex dilemma continuous to be this way to this day. For people who was happy about the law, there was a realization that they would soon be able to have health insurance and they could not be rejected for pre-existing
In 2010, the Patient Protection and Affordable Care Act (PPACA) was passed. The PPACA grants all legal residents in the United States access to health insurance. The PPACA is accommodated by expanding Medicaid, establishing tax credits for small business owners to cover insurance for their employees, and through state-offered “marketplaces” where citizens can buy insurance if they aren’t offered insurance elsewhere (Ranji, Salganicoff, Sobel & Rosenzweig, 2017). The goal of this act was to lower federal government spending by increasing access to preventative care with the hope that it will reduce the amount of costly emergency room visits. The PPACA not only has affected many
America’s health industry, primarily the health insurance and pharmaceutical industry, is careless and just plain greedy! I have learned there are about fifty million Americans who are uninsured while the rest who have insurance could become and are “victims of insurance company fraud”(Moore). If you have a certain age or health problems health insurance will deny you no matter what. THE IMPACT OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT ON MIDDLE-SIZED CLASS. THE CIRSIS AND THE NEED TO REFORM HEALTH CARE. HOW WILL THIS AFFECT THE MARKET?
There have many attempts to reconstruct our nation’s health care system. The Patient Protection and Affordable Care Act, better known as Health Care Reform, is a federal law that was passed on March 23, 2010. This statute was passed in order to guarantee medical care and insurance coverage to all Americans; reduce costs of coverage; and increase quality of care (Stoleberg & Pear, 2010). This paper will determine how health care reform will affect market and non-market driven decisions. Within this topic I will describe how I will implement a strategic plan that
PPACA will provide healthcare, at a reasonable cost to over 40 million Americans, it will hold all providers to a higher quality of care, and financially impede them if the care that they provide is not up to government standards, which have not completely been defined. Children will be allowed to remain on their parents’ insurance plans until they are 26. Compensation to providers will be based on overall treatment of their patients with a bonus structure, still not ironed out, for getting patients healthier and then maintaining their health. Overall PPACA represents an obtainable reform with a little give and take on both sides of the party line as long as each side gives and takes