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The second objective of the program is to create stock exchange for insurers, which will purchase insurance at a reasonable price to those Americans who dont have it yet. At the same time, Obama is going to provide loans and preferential prices for those businesses and individuals who do not have sufficient resources (Tate, 12).
The third point of the plan provides the introduction of compulsory health insurance, which would reduce unplanned budget expenses for treatment of uninsured persons. This innovation will affect only those individuals and institutions that will be able to pay the appropriate fees (Tate, 12).
Thus, I consider that this reform is necessary for the USA. The current medical system differs with unresolved interaction between the public and private sectors. Despite the fact that the government allocates huge sums into the health care system, it has no effective levers of control over prices and costs of services and drugs and it will get those levers due to this reform.
So, as you see, this plan would entail mainly positive effects. The average American will likely see a reduction in the cost of his health insurance, and up to 30-44 million citizens who now do not have insurance will get access to insurance coverage through Medicare, Medicaid or public insurance plans (Wilensky). In addition, they will be able to include in their insurance the child until he will reach the age of 26. It wont depend on whether a child has own family or whether he lives with parents/separately/on the university campus or whether he depends or not on parents financially. Previously, this kind of insurance was limited by age of 18 years.
ObamaCare also brings unprecedented reforms in Medicare for pensioners. Now they do not have to pay a certain amount of money from their own pocket – the program will cover it. Millions of pensioners are already exempt from additional payments "out of
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The recent passage of the Obamacare bill goes someway to establishing a system of universal healthcare, but it is also representative of many of the challenges that face those who would like to see this policy implemented. Obama has said that he believes healthcare is a right, and his policies are trying to ensure that this is recognized in law (Sherrow, 32).
548). As such, the Patient Protection and Affordable Care Act or Obamacare, had gone through the hole of the needle before it had been passed into law on March 23, 2010. But despite its enactment, Obamacare has remained controversial and continued to be criticized and opposed (York, 2011), even challenged in federal court (Dawald, 2011).
Petitioners assert the federal government does not possess any power under the Constitution’s Article 1, Section 8-- the Commerce Clause on the Taxing and Spending Clause. Moreover, the petitioners claim that the new Act infringes the Tenth Amendment, emphasizing that a directive that coerces people to either get a health insurance or be penalized is undemocratic and unlawful (Bandow 2011).
In March 2010, Congress approved President Barack Obama's Patient Protection and Affordable Care Act (PPACA), a comprehensive state effort that aims to resolve multiple healthcare service costs, quality, and delivery issues. PPACA aims to widen access to health care, which can be attained by improving healthcare resources and options.
A soon-to-retire and aging population of workers in the nursing profession, and a maturing baby boomer numbers with increasing health requirements are combining to develop a condition of enhanced demand for professional nurses and less supply of qualified nurses (Mitchell, 2003).
Pregnant women are getting the most expensive type of care even if they are covered with Medicaid. A study conducted by the Truven Health Analytics Marketscan showed that there are approximately four million childbirths in the United States annually, which cost more than $50 billion.
Many scholars have debated whether the concepts and principles developed in economics can be used to explain how decisions are made in health care. There are a number of ways in which health care may be regarded as an economic good. Yet, in some ways, health care is quite different from conventional goods and services as understood in economics.
That constitutes nearly 16% of its total population. Many argue that Healthcare is part of their rights and that the government should provide a comprehensive program that ensures that everyone is given an affordable health insurance.
Consequently, the healthcare
Moreover, it aims to reduce the amount of health care spending. It does this by making health care affordable to the lower-income class, equalizes health care rates for both men and women, and allows health insurance coverage to even those
However, the health benefit plans under this reform are unaffordable to many US families and approximately 50% of the uninsured Americans argue that costly Obama Care plans make it difficult for them to get a comprehensive insurance policy.
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