Health Care Reform - Assignment Example

Pros and cons of Obama Care reform Pros and cons of Obama Care reform Obama Health Reform, officially known as the Affordable Care Act, became a law on March 23, 2010. The ACA provides quality and affordable health care for all the Americans. The reason for coming up with the reform was to reduce spending and other purposes in the growth in the health care. In this case, the health care reform is a system that provides people with access to health care insurance coverage. The reform also establishes a legal protection for the consumers, thus setting up mechanisms for consumers to shop skillfully for insurance.

The paper discusses the core pros and cons of Obama Care reform since are a controversial reform. The reform is better for tens of millions of uninsured Americans will get access to an affordable, quality health insurance in the health market. On the other hand, in order to get the money to assist insure tens of millions, new taxes on higher earners are introduced. The taxes affect employer and an individual mandate. Also, from the reform, many uninsured Americans can access free or low cost health insurance by the use of their State’s Health Insurance Marketplace.

In contrast, the individual mandate suggests that one must get health coverage and pay a fee or exemption if they can afford (Boucher, 2010). The reform is essential for Medicaid is extended up to 15.9 million people who are 138% below the line of poverty (Haugen, 2008). Conversely, not all States expand Medicaid since Medicaid is expanded by the use of the Federal State Funding. Thus, such regulations leave approximately 5.7 million of the people without any coverage options. The reform is also necessary for CHIP is extended in order to cover about 9 million children.

On the other hand, the CHIP uses State Funding and Federal rules in executing their services. In this case, the Obama Health reform cannot drop individuals from the coverage when you are sick or make an honest mistake on your application. The reform does not deny coverage for being sick or being charged expensively (Haugen, 2008). The fact that the reform does not consider the gender is also a point of credit for the Obamacare. For example, a sick individual cannot be charged more for being a woman.

In such cases, insurance companies must cover the sick people, thus increasing the cost of an individual’s insurance (Field et al., 1993).In general, Obama reform is important for small businesses are capable of getting tax credits of up to 50% of the employee’s cost of insurance (Forman, 2010). On the other hand, the consent of the employer says that in 2015, business with over the corresponding of 50 full-time employees must give out health coverage. Apart from the provision of the health coverage, some businesses have opted to cut employee hours.

The Obama reform allows young adults to stay with their parents until 26 as 82% of the uninsured adults will qualify for a free or nearly low cost of insurance. On the other hand, younger individuals tend to be healthy since they do not need coverage as frequent as the older Americans. In conclusion, the discussed ObamaCare pros and cons give us an insight of the most controversial and most praised aspects of the thousand plus page bill.The health care reform provides people with access to health care insurance coverage but also has setbacks such as some businesses have opted to cut employee hours.

ReferencesBoucher, B. (2010). Representative American speeches 2009-2010. New York: H.W. Wilson Co..Field, M. J., Lohr, K. N., & Yordy, K. D. (1993). Assessing health care reform. Washington, D.C.: National Academy Press.Forman, L. E. (2010). Health cares reforms. Edina, Minn.: ABDO Pub..Haugen, D. M. (2008). Health care: opposing viewpoints. Detroit: Greenhaven Press/Gale.