Ethical obligations and PPACA
Professionals and students should always abide by professional code of ethics. Patients feel a scene of security, due to the fact that doctors and other health care professionals have standards and a …show more content…
The PPACA is offered referred to as Obamacare. The PPACA is put in place to offer health insurance to individuals who cannot afford insurance. Furthermore, by establishing the PPACA will aid in lowering the cost of healthcare though federal and some state regulations and taxes in the effort to lower The Unites States National deficit. In order for someone to participate in PPACA that individual must purchase a healthcare plan which the cost of the plan is based on that individual’s income. However, if an individual is found to not have health insurance coverage that induvial will be face with a penalty. Penalty range from $695 or 2.5% whichever is greater (HealthCare.gov, Date Retrieved April 30). The PPACA is funded by the penalty and taxes that are imposed on individuals that do not have health insurance coverage. Likewise, funding also comes from increasing taxes on some health and non-health associate items and services (AligAmerica, Date Retrieved April 30). Furthermore, there will be an increase of 40% for health insurance policies. These are just some examples of how President Obama chooses to fund the …show more content…
Due, to the fact that a lot of people lost their jobs in 2013, which resulted in a loss of health care coverage. Unfortunately, a lot of people cannot afford to pay for private health care coverage. As a result, a lot of businesses have decided not to offer their employee insurance which resulted in the company paying a penalty, which in some instances where financially a better outcome. Unfortunately, that place the employee having to purchase their health coverage on the exchange (Amadeo, February 1). Although there are some good measures to the PPACA. Healthcare coverage insurance companies cannot longer deny individuals health care coverage due to pre-existing conditions. On family health insurance plans children can ride on their parent’s plan until that children reaches the age of 26. Furthermore, companies that employer more than 50 people are required by law to provide health insurance coverage to their employees in return the company will receive a tax credit to offset some of the cost. (Amadeo, February