Pros And Cons Of Affordable Care Act
The Patient Protection and Affordable Care Act also called the Affordable Care Act (ACA) was signed into law on March 23, 2010. It has been the source of many heated political debates and has been under scrutiny since its inception. Currently, 18 percent of our U.S. gross domestic product is spent on healthcare, that equals out to approximately 2.9 trillion dollars and we don’t have the quality care to show as the results. With the costs continually increasing and the lack of positive results, something has to change in our healthcare system. The Affordable Care Act is the cornerstone to help initiate these changes. According to the Health and Human Services website, there are 6 objectives for the Affordable Care Act, with the primary goal being to strengthen health care in the United States. The objectives are: to extend coverage for the uninsured and make it more secure
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It has begun the process of equaling the playing field between insurance companies and healthcare providers. It is going to help tremendously with Medicare and Medicaid programs in reducing costs, by managing care and bundling services for members. Also, by increasing the number of insured people unnecessary medical costs for non-life threatening visits to the emergency room will decrease whereby offering relief to hospitals and the individuals. Furthermore, by expanding health care services individuals may not be so chronically ill before receiving care, which helps lower costs and improves the quality of life for many. It will take time to fix the system. It was not broken overnight and therefore will not be fixed overnight either. I see many more reforms to come and ultimately an increase in taxes, but if that is what it takes to help this system than we all need to take responsibility for it. The ACA is at least setting the stage for much needed reform to an otherwise failing
It has begun the process of equaling the playing field between insurance companies and healthcare providers. It is going to help tremendously with Medicare and Medicaid programs in reducing costs, by managing care and bundling services for members. Also, by increasing the number of insured people unnecessary medical costs for non-life threatening visits to the emergency room will decrease whereby offering relief to hospitals and the individuals. Furthermore, by expanding health care services individuals may not be so chronically ill before receiving care, which helps lower costs and improves the quality of life for many. It will take time to fix the system. It was not broken overnight and therefore will not be fixed overnight either. I see many more reforms to come and ultimately an increase in taxes, but if that is what it takes to help this system than we all need to take responsibility for it. The ACA is at least setting the stage for much needed reform to an otherwise failing