The Root Causes Of The ACA Or Obama Care
ACA or the Obamacare has two main focuses, which also known as root causes. They were to increase insurance coverage and cut down cost. With mandatory insurance coverage and introduction of out of pocket limits (the maximum amount of costs for covered services paid out-of-pocket) for individuals and households, the government is trying to prevent the excess health care expense burden that people face due to varying health insurance policy (Bose, 2016). The major coverage provisions of the ACA went into effect in January 2014. The law instituted new national standards for private insurance sold to individuals and small groups in the United States (Rosenbaum, 2011). Insurers selling health plans in these markets can no longer set prices on the
basis of health or exclude coverage of preexisting health conditions, and they are limited in what they can charge older adults as compared with younger adults. Insurance companies were able to charge an individual whatever they wanted before this landmark law was passed. This law was one that America needed to make an even playing field for everyone when it came to purchasing health insurance.
In Conclusion, the results suggest that with the declaration and implementation of Affordable Care Act in 2010, increasing public insurance coverage by the states for the residents have higher chances in reducing the total out of pocket expenditures that the households or individuals spend on healthcare in the US(Bose, 2016). Therefore for the future time period, the US government should focus on increasing coverage and access to public insurance for all individuals to control for financial burden from the grass root level and improve economic stability in US households (Skinner, & Chandra, 2016). President Obama has every reason to be proud of a remarkable achievement. The nation is better off with the ACA, despite its shortcomings, than without. But health insurance, health care, and health, although often used interchangeably, are not the same. Even though the ACA has, to this point, not accomplished its goal of making health care more affordable, it is also far more moderate, innovative—and difficult to replace—than its critics claim.
basis of health or exclude coverage of preexisting health conditions, and they are limited in what they can charge older adults as compared with younger adults. Insurance companies were able to charge an individual whatever they wanted before this landmark law was passed. This law was one that America needed to make an even playing field for everyone when it came to purchasing health insurance.
In Conclusion, the results suggest that with the declaration and implementation of Affordable Care Act in 2010, increasing public insurance coverage by the states for the residents have higher chances in reducing the total out of pocket expenditures that the households or individuals spend on healthcare in the US(Bose, 2016). Therefore for the future time period, the US government should focus on increasing coverage and access to public insurance for all individuals to control for financial burden from the grass root level and improve economic stability in US households (Skinner, & Chandra, 2016). President Obama has every reason to be proud of a remarkable achievement. The nation is better off with the ACA, despite its shortcomings, than without. But health insurance, health care, and health, although often used interchangeably, are not the same. Even though the ACA has, to this point, not accomplished its goal of making health care more affordable, it is also far more moderate, innovative—and difficult to replace—than its critics claim.