Evaluation of the Patient Protection and Affordable Care Act of 2010
The foundation during the Barack Obama’s campaign for the presidency was the health care reform of the U.S. health care system. It was not until a month later into his presidency in the year 2009 that President Obama addressed the issue of the high rising cost of health care and the millions of people in the United States being uninsured. It was not until March 23th 2010, after much debate that President Barack Obama signed the Patient Protection and Affordable Care Act (PPACA), the U.S. health care reform legislation. The primary objective of the PPACA act is to “provide quality affordable health care for Americans” (Centers for Medicare & Medicaid). Furthermore, the PPACA has the potential to “improve the role of public programs, improve the quality and efficiency of health care, and prevent chronic disease and improve public health” (Centers for Medicare & Medicaid). It has been said that since the passage of Medicare in the year of 1965, the PPACA is “considered the most far-reaching health care reform act” (Levy, Michael).
The PPACA is the major health care reform bill, which will result in an expansion on the health care coverage to “31 million currently uninsured Americans through a combination of cost controls, subsidies and mandates” (Open Congress). The provisions of the legislations requires that “individuals to secure health insurance or pay fines, made coverage easier and less costly to obtain, cracked down on abusive insurance practices, and attempted to rein in rising costs of health care” (Centers for Medicare & Medicaid).
According to the Congressional Budget Office (CBO), “the legislation would extend coverage to some 32 million additional Americans by 2019, [which would only be] leaving about 6 percent of legal residents uninsured” (Levy, Michael). The CBO estimated on the cost of the PPACA to be roughly around “$938 billion over the next 10 years” (Levy, Michael). CBO believes that the PPACA would “reduce the budget deficit by $143 billion
The PPACA is the major health care reform bill, which will result in an expansion on the health care coverage to “31 million currently uninsured Americans through a combination of cost controls, subsidies and mandates” (Open Congress). The provisions of the legislations requires that “individuals to secure health insurance or pay fines, made coverage easier and less costly to obtain, cracked down on abusive insurance practices, and attempted to rein in rising costs of health care” (Centers for Medicare & Medicaid).
According to the Congressional Budget Office (CBO), “the legislation would extend coverage to some 32 million additional Americans by 2019, [which would only be] leaving about 6 percent of legal residents uninsured” (Levy, Michael). The CBO estimated on the cost of the PPACA to be roughly around “$938 billion over the next 10 years” (Levy, Michael). CBO believes that the PPACA would “reduce the budget deficit by $143 billion
Cited: Centers for Medicare & Medicaid. U.S. Department of Health & Human Services , 21 Sept. 2011. Web. 20 Nov. 2011. . Dorio, Paul J. “Health Care Reform: Limitations of PPACA.” Posterous . N.p., n.d. Web. 20 Nov. 2011. . Dubord, Steven J. "Requiring Health Insurance Is Not Like Auto." The New American. 15 Sept. 2009. Web. 27 Nov. 2011. . Globe Staff. "13 Attorneys General Sue on Health Care Bill - The Boston Globe." Boston.com - Boston, MA News, Breaking News, Sports, Video. 24 Mar. 2010. Web. 24 Nov. 2011. . Klukowski, Ken. "Opinion: Individual Mandate Insurance Is Unconstitutional - Ken Klukowski - POLITICO.com." Politics, Political News - POLITICO.com. 20 Oct. 2009. Web. 27 Nov. 2011. . Lazzarotti, Joseph. “HHS Updates Guidance on Obtaining Waivers from PPACA Annual Limits.” Benefits Law Advisor. Jackson Lewis LLP, 22 Nov. 2010. Web. 20 Nov. 2011. . Levy, Michael. “Patient Protection and Affordable Care Act (PPACA).” Encyclopaedia Britannica Online. Encyclopaedia Britannica , 2011. Web. 20 Nov. 2011. . Open Congress. The Congressional Research Services, 2011. Web. 20 Nov. 2011. .