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Policy Analysis - Assignment Example

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Summary
The Patient Protection and Affordable Care Act (PPACA) is also referred to as the Affordable Care Act (ACA), though more commonly known as the Obamacare. The act is a US federal statute which has been signed into law by the President of the United States Barrack Obama. The bill…
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Policy Analysis

Download file to see previous pages... ffordability of the healthcare insurance by essentially lowering the rate of uninsured, which is achieved by expanding the coverage while reducing the cost of healthcare for both individuals and the government.
The Obamacare incorporated various measures to achieve the goals, including mandates, insurance exchanges, along with subsidies to expand the affordability and the coverage. The law further states that the companies which deal with insurance must cover almost all applicants who meet the new minimum standards while offering similar rates irrespective of sex or other pre-existing factors. Other reforms were aiming at essentially reducing costs while improving healthcare objectives by transforming the system in such a way that it focuses towards quality rather than quantity. This, in turn, is achieved after regulation, competition and also other incentives in order to streamline the deliverance of healthcare. It was in 2011 when the Congressional Budget Office announced that as per their findings the Obamacare would tend to lower not only the deficits but also the Medicare spending, labeling it as a win-win.
In this context, the case of National Federation of Independent Business V Sebelius, the ruling which was published on June 28, 2012, the Supreme Court of the US upheld the constitution of the Obamacare as an individual mandate since it was proclaimed to be under the jurisdiction of taxing power rested in the Congress. Yet, the Court was of the view that the it would be unlawful to also force the states to go by the bill if they are under the penalty after which they risk losing the Medicaid related funding. Thus, given the complexity of the ruling, certain challenges are being faced by Congress and the Federal Courts, also other lobbies, unions and advocacy groups. It was, however, on March 31, 2014 that the deadline for open enrollment ended for the very first year of Obamacare exchange marketplace, where response was phenomenal (Mason, Leavitt & ...Download file to see next pagesRead More
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