Patient protection and affordable care act pros and cons

This is based on someone living outside of central london, who is 29 years of age at commencement, and taking out an essentials plan with a nil excess and wpas current promotion. The affordable care act on the one year anniversary of the patients bill of rights. It is sometimes difficult to find the positives in obamacare, as. The patient protection and affordable care acts essential. The pros and cons on march 23, 2010 the patient protection and affordable care act was signed by president obama, raising the question for many of whether this new law was going to be more helpful or hurtful. What are the pros and cons of the affordable health act with. The patient protection and affordable care act, also the affordable care act aca or colloquially known as obamacare, is a united states federal statute enacted by the 111th united states congress and signed into law by president barack obama on march 23, 2010. September 15, 2016 the patient protection and affordable care act has had many critics as well as those who have praised the landmark healthcare legislation. Patient protection and affordable care act section 1. The main goal is to improve the health care access to individuals and reduce costs. Employers are faced with uncertainty at every turn.

Patient protection and affordable care act wikipedia. The first part of the comprehensive health care reform law enacted on march 23, 2010. Patient protection and affordable care act pros and cons hrf. Even, this act bounds the insurance company to accommodate their service to the individuals who have been already suffering from deadly and incurable diseases. Obamacare in a nutshell pros and cons patient protection and affordable care act nick named as obamacare health insurance and industry reform bills passed by us congress in march 2010. Patient protection and affordable care act pros and cons the patient protection is one of the most significant concerns that every type of government has been dealing with. The affordable care act is a long, complex piece of legislation that attempts to reform the healthcare system. Patient protection and affordable care act final passage. This includes tax credits for health insurance premiums and outofpocket cost assistance based on income, the expansion of medicaid to lowincome adults, letting children stay on their parents plan until 26, the mandate for large employers to cover. Heres where we stand in terms of pros and cons for the. There are many pros and cons of the affordable care act. I am just going to try to be general in nature, as i.

Jan 22, 2017 obamacare in a nutshell pros and cons patient protection and affordable care act nick named as obamacare health insurance and industry reform bills passed by us congress in march 2010. The affordable care act was signed into law march 23, 2010. Many people are in need of different kinds of health and social care and protection in order to survive their specific needs and concerns. Compare 100s of the main health insurance plans for you saving you money and effort. Where we stand following its implementation obamacare has officially been the law of the land for nearly 18 months. Without the stick of tax penalty to make people buy insurance, there will be less income and costs will rise fo. Oct 28, 2014 description of affordable care act affordable care act was presented by president obama march 21, 2010. Dec 03, 2012 today my topic is going to be some of the pros and cons of the patient protection and affordable care act. Patient protection and affordable care act healthcare.

There is a varying opinion about whether or not this act will have a positive or negative effect. Cons of the affordable care act the pressure of the premium cost is high. Mar 11, 20 labor market distortions are common within the patient protection and affordable care act ppacaobamacare. Obamacare the affordable care act or aca contains many benefits, especially for low and middleincome families and small businesses. Obamacare plans to include the ten essential health benefits. Obamacare pros and cons find affordable health insurance.

The act has been picked apart by critics because it is so complex. Nov 10, 2010 pros cons on patient protection and affordable care act. Obamacare pros and cons free legal resource on upcounsel. Pros and cons article pdf available in journal of family and economic issues 341 march 20 with 1,380 reads how we measure reads. The ppaca included an individual mandate that imposed tax penalties on people who chose not to buy health. While obamacare has helped many people get insurance, some argue the benefits dont outweigh the cons. The affordable care act completely changed the patient landscape of health care safety nets with its implementation in 2010. Pros and cons of the patient protection and affordable care act obamacare. President obamas main focuses with the health care reform are. May 05, 2020 regardless of the affordable care act pros and cons, healthmarkets can be a helping hand in figuring out your health insurance options. Pros and cons of the affordable care act, obamacare youtube. Business and the patient protection and affordable care act. The affordable care act pros and cons must be considered in full before any repeal and replacement is offered.

The affordable care act on the one year anniversary of the patient s bill of rights. Complicating matters was the election to the senate of scott brown of massachusetts, who filled the seat that had been. The act, also known as obamacare, was signed into law on march 3, 2010. The aca is definitely a con, a gift to insurance companies like medicare part d was a gift to pharma with no price negotiation allowed. The name affordable care act is usually used to refer to the final, amended version of the law. It would also eliminate the administrative cost of working with multiple private health insurers. Patient protection and affordable care act section by. The patient protection and affordable care acts essential health benefits ehb congressional research service 3 essential health benefits for 20142016 figure 2. Patient protection and affordable care act patient protection and affordable care act final passage. Dec 22, 2019 the aca is definitely a con, a gift to insurance companies like medicare part d was a gift to pharma with no price negotiation allowed. This piece of legislation reformed the way health care is handled. There are many people in america that feel the patient protection and affordable care act of 2010, has done more to hurt american citizens than it has to help them. Under the protection of the law, the insurance companies are compiled to serve the whole nation.

Universal healthcare lowers health care costs for the economy overall, since the government controls the price of medication and medical services through regulation and negotiation. Compare health insurance plans and get covered today at affordable rates for you and your family with our experts quotes, compare and cover advisors. Is the patient protection and affordable care act obamacare. The patient protection and affordable care acts essential health benefits ehb congressional research service 1 the patient protection and affordable care act aca. Labor market distortions are common within the patient protection and affordable care act ppacaobamacare. The patient protection and affordable care act ppaca is the law by the united states government to bring health care insurance affordable to all.

It provides more americans with affordable quality health insurance and attempts to curb the growth in healthcare spending in the u. The law requires us citizens and legal residents to have health insurance. Im doing a paper on the ppaca, and would like to know peoples personal opinions on this health care act. Congressional research service crs analysis of the essential health benefits ehb process based on 45 c. The law was amended by the health care and education reconciliation act on march 30, 2010. The pros and cons revealed obamacare is a hot topic up for debate and not only with the republicans and democrats. Explore all your options, get individual health insurance quotes, and let us help you find a plan that meets your needs and budget.

Today my topic is going to be some of the pros and cons of the patient protection and affordable care act. Description of affordable care act affordable care act was presented by president obama march 21, 2010. The patient protection and affordable care act, often referred to as just obamacare, was passed in 2010. On march 23, 2010, president barack obama signed into law the patient protection and affordable care act more commonly known as the affordable care act, or aca. The law is consistent with the aafp principle that health is a basic human right.

For many people, the affordable care act was one of the. In particular, its expansion of medicaid significantly shifted uninsured patient healthcare provider utilization, from emergency departments and free clinics, towards community health centers and federally qualified health centers. Reforms include new benefits, rights and protections, rules for insurance companies, taxes, tax. Jun 20, 2019 the patient protection and affordable care act of 2010 is a law that significantly changed health care in the united states. The aca requires health insurance exchange plans a. Many people are in need of different kinds of health and social care and protection in order to. It was upheld by the supreme court on june 28, 2012.

Although the trump administration has taken efforts to reduce the impact of this legislation, there are still some positives that have come from this legislation. The patient protection and affordable care act aca. Regardless of the affordable care act pros and cons, healthmarkets can be a helping hand in figuring out your health insurance options. While there are both affordable care act pros and cons for all sorts of people, this list aims to show you how small businesses can be affected by the aca. Table of contents title i quality, affordable health care for all americans subtitle a immediate improvements in health care coverage for all americans subtitle b immediate actions to preserve and expand coverage subtitle c quality health insurance coverage for all. In 2010, president obama signed the patient protection and affordable care act into law, also known as the aca or obamacare.

The affordable care act negatively impacts the supply of. Pros and cons of healthcare reform for hospitals healthcare. Obamacare, more formally known as the patient protection and affordable care act, has been extremely controversial since its inception. There are many benefits that have been experienced, but those benefits do have a very real cost for many families that has been difficult to endure. Pros and cons of the patient protection and affordable. The fate of the legislation, however, was not certain, as there were considerable differences between the senate and house versions that would have to be reconciled. Overview of the essential health benefits ehb process source. The ppaca included an individual mandate that imposed tax penalties on people who chose not to buy health insurance. The patient protection and affordable care act aca has transformed access to health care in the united states. Patient protection and affordable care act, affordable care act, obamacare, healthcare reform, hand surgery introduction healthcare reform in the united states has been a matter of substantial debate in presidential elections since the early 1900s 1.

There are many people in america that feel the patient protection and affordable care act of 2010, has done more to. Footnote 1 the patient protection and affordable care act aca is prescribed as the ultimate remedy for a chronic market failure in providing adequate access to the health care for about 10 % of the us population and bending the rising cost curve. Sep 15, 2016 september 15, 2016 the patient protection and affordable care act has had many critics as well as those who have praised the landmark healthcare legislation. I am just going to try to be general in nature, as i know that each of these provisions. The topic of the patient protection and affordable care act has been a very popular discussion in businesses and homes throughout america. Often referred to as obamacare, republicans have since promised a repeal and replace mechanism to get rid of this healthcare law. It made insurance available to between 32 million and 50 million more americans or 95% of the legal population. The supreme courts decision for healthcare reform will occur very shortly, but in the meantime i wanted to give a run down of how i see reforms consequences on hospitals. What are the pros and cons of the affordable health act. The patient protection and affordable care act of 2010 is a law that significantly changed health care in the united states. One of the key policy points of the 2016 us presidential election was the affordable care act. Proscons on patient protection and affordable care act.

President barack obama signed both into law in late mar. Free pros and cons of the affordable care act essay. The patient protection and affordable care act is already having a major impact this year, and in reality is changing much of the way hospitals deliver care. Although the assurance of healthcare coverage for every american is the prime directive, numerous provisions within the bill aim to control costs and improve healthcare quality in the united states. Obamacare is another name for the patient protection and affordable care act ppaca that was signed into law on march 23, 2010. Nov 30, 2019 while there are both affordable care act pros and cons for all sorts of people, this list aims to show you how small businesses can be affected by the aca.