Obama Care

Ian Grant
10/22/14

Obama-Care

    Healthcare in the U.S. has become a real pandemic for many citizens. Many cannot afford the coverage and suffer because of it. President Obama has made efforts to aid this issue through establishing a program called Obama-care. This program would allow for many to afford quality health coverage whom are not able to afford regular health care services. This increased availability of coverage is beneficial for many citizens but many view this program as a cancer. Saying that Obama-care accumulates more cost than rewards. We will discuss the pros and cons of this issue and determine whether or not this program is beneficial to the U.S.

     Many citizens are denied or cant afford decent health care. Rates from hospitals and different coverage companies drive families to live without protections for themselves. Low income families whom don't earn enough to afford decent coverage must take greater risks to survive knowing that if an accident occurs they may not be able to turn to the hospitals for care due to coverage costs. The establishment of Obama-care was a step forward to eliminating the need of care for those unfortunate citizens. This program allows for millions to have access to decent health care in the marketplace and gives those citizen certain privileges that regular coverage programs establish for their clients. It cut down on health care premium costs, lowered rates for young adults and Seniors, and allowed the creation of new prevention services and benefits. It also help curb spending within the health care system. The goal was to allow cheap insurance and allow those in need to have medical resources ready incase of a emergencies where many citizen would normally not be able have available due to costs.

     With aid cost rebound laws and costs. Taxes have become a primary source of income for the government. Programs require funding and the citizens pay everyday to ensure the effectiveness of these new programs. Providing health care cost a large chunk of federal funding. When coverage is expanded, taxes and other reparations are taken into effect. Taxes are implemented on citizens, mainly higher earning families, which effect the citizens directly and could spark individual or employer mandates. The expansion of Medicaid is funded by both the state and the federal government. If states refuse to increase coverage millions will suffer from the in-availability of coverage options. Also, the program CHIP requires the use of federal and state funding which adds to taxes added to society. Coverage companies are force to aid all clients which will create an increase in coverage for everyone on that specific health coverage plan. Some companies have cut employee hours just to compensate for the insurance increases effecting employee net worth as well as increasing premium cost for clients.

     Obama care is a great idea to end the need for affordable coverage. This program does aid those in need and allows for quality care to be available for all, but the costs may outweigh the rewards of more affordable healthcare. Taxes and other costs are implemented with the creation of coverage laws which can focus a greater financial issue that coverage holders may not be prepared for. Actions must be taken to enforce Obama care by aiding citizens while at the same time keeping costs low enough not to put a financial restraint on those seeking coverage. Keeping availability high and costs low for the U.S.