Affordable Healthcare Act Essay

1330 words - 5 pages

Legislation, which is supposed to make insurance coverage a requirement and increase help from Medicaid through 2020, will play a large role in increasing the percentage of insured to 90 percent. The Patient Protection and Affordable Care Act (PPACA), which was signed into law on March 23, 2010, is the leading contender in making this legislation a reality (Gentrie). The Patient Protection and Affordable Care Act is also called Obamacare which refers to the president’s role in pushing this legislation into action. Although Obamacare is a leading movement that will cause the largest change to the face of healthcare in the United States since the Social Security Amendments of 1965, there is much resistance to it from insurance companies, impactful figures in the government, and many individuals. These groups claim that there are problems with Obamacare that will not only affect them but the whole healthcare industry as a whole. On the other hand there are many flaws with our healthcare system that already exist which limit healthcare to only some groups.
The Affordable Care Act’s main goal is to ultimately increase the affordability of health care for all consumers. It promises to increase Medicaid coverage and quality for those families and individuals that have an income level up to 150 percent of the poverty line. That would equate to a family of four which makes less than $35,325 per year would receive Medicaid from the government (Families USA). This would result in the uninsured population to rise over 15 percent but in turn this would also raise the elderly insured rate, which are already insured under Medicare, to rise over 94 percent. In the long run however this will decrease the number of uninsured citizens to below 12 percent by the year 2020 (Grier).
Another issue prevalent today is the ability of individuals that have medical conditions to receive coverage or affordable coverage from insurance companies. A lot of these companies require individuals with severe medical conditions, such as HIV, to pay for most or all of their required prescriptions that they would not be able to survive without. Under this legislation, “Guaranteed Issue”, or the requirement that insurance agencies cannot deny you coverage, would be mandatory (Binckes). The reform would include everyone except discrimination against those that smoke or have smoke related illnesses. “Guaranteed Issue” will not allow insurance agencies to discriminate against individuals that have pre-existing conditions from other illnesses. Insurance companies will also be required to not discriminate against people in the same population and geographical location that are close to a similar age. These individuals will have to receive premiums from these companies that are similar in price. Insurers will not be allowed to cancel policies or change premiums due to minimal reasons such as an accident or sickness. Another provision to this legislation that has already been passed is that...

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