Affordable Care Act Summary Pros And Cons

To weigh both sides of the ongoing debate, here are a few of the often-debated Affordable Care Act pros and cons.

Pros:

• Subsidies offer financial help
• Preventive care
• No pre-existing condition denials
• Medicaid is more inclusive for many
• Dependents can stay under their parents’ plan longer
• No more limits

Cons:

• The cost has not decreased for everyone
• Loss of company-sponsored health plans
• Tax penalties
• Shrinking networks
• Shopping for coverage can be complicated

Affordable Care Act Pros And Cons Scholarly Articles

Facing the paradox of rising health care expenditure and an average life expectancy that is below the advanced (OECD) economies, the US has embarked on a massive health system strengthening exercise that has had no equivalent during the last half-century.Footnote1 The Patient Protection and Affordable Care Act (ACA) is prescribed as the ultimate remedy for a chronic market failure in providing adequate access to health care for about 10 % of the US population and bending the rising cost curve. Footnote 2 The ACA is the most comprehensive reform of the US healthcare system since President Lyndon B. Johnson signed the amendments to the Social Security Act on July 30, 1965, creating Medicaid and Medicare. Whether ACA can meet the higher demands for health care (provider) services, while reducing the cost of services and avoiding the law of unintended consequences in a complex market economy, is of interest to a broad range of scholars and policymakers.

Read the original article here: 

https://link.springer.com/article/10.1007/s10834-013-9352-5

 

Affordable Care Act Benefits Summary 

 

The federal Patient Protection and Affordable Care Act (P.L. 111-148), signed March 23, 2010, as amended by the Health Care and Education Reconciliation Act, signed March 31, 2010, is also referred to as the Affordable Care Act (ACA), or simply as “federal health reform.” The 900+ page act contains many provisions, with various effective dates. Other papers in this series address specific topics in more detail.

Read the original article here:

https://www.ncsl.org/research/health/the-affordable-care-act-brief-summary.aspx 

 

Pros And Cons Of Obamacare Reddit

 

Obamacare, in a lot of ways, is theoretically really great in my opinion. Who’s going to argue about (nearly) universal health care for all? The problem, in my humble opinion, is the law speaks way too much about the theoretical aspects of healthcare and doesn’t speak nearly enough about how to actually execute it on the state and even individual level. When I spoke to my friends about the individual mandate (must buy health insurance or pay $98 or 1% of income, whichever is higher, for the first year) they were bewildered.

Read the original article here: https://www.reddit.com/r/explainlikeimfive/comments/256k81/eli5_the_pros_and_cons_of_obamacare/

 https://woodysinsurance.com/health/affordable-care-act/pros-and-cons