The federal statute known as the Affordable Care Act‚ has been touted as a positive development towards healthcare in the United States. However‚ there are many downsides to the passing of this act. One of the most glaring disadvantages to this act is the cost associated with it. Also‚ implementation of it is widely contingent upon the successes of the plan in the various states and communities. In other words‚ it will be an experiment. Even among proponents of this legislation‚ there is great uncertainty
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The Impact of the Affordable Care Act on North Carolina’s Uninsured Population The American people like to think that they have the best health care system in the world. Unfortunately‚ the majority of the evidence does not support that view. According to the RAND Corporation and the Institute of Medicine‚ Americans receive the proper treatment only 50% of the time for their condition (2006‚ 2013). When compared to other countries‚ the Americans pay far more for their health care (Laureate Education
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Affordable Health Care Act Name of Professor Institution Affiliation Affordable Health Care Act According to the journal ‘The Online Journal of Issues in Nursing’ Sorrell attempts to ascertain how legislature‚ individual and communities struggle to enact health care reforms that are upheld constitutionally in the Patient Protection and Affordable Care Act (PPACA). The health care act was first enacted in 2010. The Affordable Care Act outlines important ethical reforms of justice that provide
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Abstract This paper explorers the economic effects of the Affordable Care Act on healthcare‚ specifically small business. The sources vary from academic‚ peer-review articles to journalism pieces. Statistics and charts have been done on this subject and spread across a wide array of subjects in correlation with the Affordable Care Act. This paper looks at the effects on insurance companies and in turn‚ the insurance companies effects on small healthcare businesses.
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Healthcare and Education Reconciliation Act of 2010 (Affordable Care Act) Passage of the Health Care and Education Reconciliation Act of 2010 by Congress‚ followed by it’s signing by President Obama on March 30‚ 2010‚ completes a massive overhaul of the nation’s health insurance and health delivery systems. The Reconciliation Act amends the Patient Protection and Affordable Care Act of 2010‚ which President Obama signed on March 23. Combined‚ the two new laws include more than $400 billion in
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and leading causes of death in America. Impact of Affordable Care Act of 2010 The Affordable Care Act is a health care reform law‚ which was made to make healthcare affordable and available to more people. “An estimated 30 million Americans were expected to gain health insurance through the Affordable Care Act” (HERITAGE) causing many people who suffer from chronic diseases to now have coverage for their medical needs. The Affordable Care Act helped with getting people properly diagnosed with
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the marginal benefits do not outweigh the costs companies are deciding to do away with the premium plan and look for one that meets the government’s thresholds. The government has made marginal changes with regard to its action plan for the Affordable Care Act and companies have been utilizing rational thought processes by evaluating the marginal costs and benefits of the 40% tax that will
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The Affordable Care Act is the comprehensive health care reform law enacted in March 2010. Also‚ known as “Obomacare”‚ the Affordable Care Act has three primary goals. These goals include making affordable health insurance available to more people‚ expand Medicaid program to cover all adults with income below 138 percent of the federal poverty level‚ and support innovative medical care delivery methods designed to lower the costs of health care generally.1 The reason that the affordable care act included
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I believe there are positives and negatives with the affordable care act. The Affordable care act was enacted in 2010 and its main focus revolves around the idea that "healthcare is a right‚ not a privilege" (Wilbanks‚ 2014). In the 5 years since the ACA was enacted‚ about 3 million uninsured people under 26 have become insured through their parents and more than 30 million Americans are now insured thanks to the additional protections against preexisting conditions and terminating policies due
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This holds true because in 2008 George W. Bush signed the GINA Act‚ which is the Genetic Information Nondiscrimination Act. This act protects Americans from receiving discrimination from employers and health providers because of the genetics they have received from family traits. Pre-2008 it was quite common to see people with inherited conditions
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