Affordable heath care act (obama Care) Essay Example | Topics and Well Written Essays - 1000 words

Affordable heath care act (obama Care) - Essay Example Without this type of insurance, many American citizens would decline medical treatment from hospitals, resulting to the worsening of their condition and later death, a risk to the U.S economy. Reforms in the sector from 1965 by former President Lyndon Johnson to the reforms by the current Obama administration have shed light to their enactment and implementation as well as their receipt by the people. To counter the negativity of the past policies, the Obama Administration introduced the Patient Protection and Affordable Care Act of 2010, whose policy implementation has had disparities to the citizens and the business direction of America. President Obama signed the Affordable Care Act into law on March 23, 2010. The act has taken the center stage concerning healthcare system in America. It is crafted as the â€Å"ObamaCare† due to President Obama’s efforts to modify the Medicare and Medicaid that were introduced by his predecessor, Lyndon Johnson. The ACA’s full implementation is expected to change the entire scope of the health system in America. Due to controversial, political play by the opposition, the Act was contested in the U.S Supreme Court and upheld as valid to the people of U.S in June 28, 2012. The main goal of the care is to provide many American citizens with affordable accessibility to quality health insurance and to reduce the costs of health care to the citizens. The policy requires the health insurance companies to cover individuals with pre-existing conditions (Kayla 2). The major benefit of the ACA is to provide all Americans access to healthcare. According to Nick (2012), the current statistics from the government show that around thirty seven million citizens have no health insurance due to its expensiveness. The implementation of the law ensures a good health system and insurance for uninsured citizens. In addition, the Act will usher financial aid to the citizens in order to provide them basic coverage, through the Medicaid Program or by subsiding the health insurance system through exchanges. These exchanges will be set up in all states, especially for those that do not create their programs as upheld by the federal government (Nick 13; Leiyu and Douglas 20). The Affordable Healthcare Act reinforces normative out of control costs in the healthcare system. The high prices induced by the previous system were a setback to Americans accessing proper health care. According to statements by the Obama Administration, the ObamaCare cuts, approximately $716 billion wasted and implicated to American citizens from the Medicare. Such amounts, as advocated for by the ACA, are reinvested into the policy implementation and Medicaid. The costs previously utilized in healthcare makes it difficult for the citizens to afford health insurance, and therefore, weaken the nation due to rapid health expenditures. The reduction of such costs, which are got from the taxpayers, ensures that the nation’s budget o n health is reduced. Insurance companies are also kept on check from proposing unjustified rate hikes that affect the citizens (Janet 89). The Act implementation adds more consumer benefits and protections to its citizens. The stereotype that America has a great healthcare system is a dream to many of its citizens. ObamaCare acts as a security to glaring inequalities in the current system being used. Racial discrimination was often practiced towards the blacks and the Hispanics. It creates an impressive bulwark of new client safeguards and benefits. In addition, health insurance