Affordable Care Act Pros And Cons
An essay on the Affordable Care Act
The author wished to remain anonymous.
The Affordable Care Blunder
Abstract
The new healthcare bill in the United States, called the Affordable Care Act, has changed American healthcare for the worse. There are three main groups besides politicians and the public who are most affected by this bill. There are associations like the American Medical Association who are concerned with the wide ranging global and national effects of the bill. There are individual professionals who are concerned what the bill will mean for their profession. And there are the insurance companies who are having difficulties incorporating the bill. Some of the problems with the bill include, but are not limited to, hospital/doctor …show more content…
The first of many is that, again, there is no method in place for the healthcare provider to recover costs incurred by patients who do not pay. People do not often recognize or remember that liability insurance, the insurance a doctor needs in case of a malpractice suit, is extremely expensive. Carol Rice feels that because many patients do not pay and there is currently no good method of recoupment in place, there is a strong potential to put hospitals and doctors in private practice out of business. Furthermore, the ACA does not improve or fix the current methods of recoupment …show more content…
This is the largest positive factor of the ACA. A change that people do not talk about is that insurance companies will have to change their policies. The ACA is meant to target insurance policies that have limitations based on pre-existing conditions. The goal is to eliminate this kind of policy (Hayes). This inevitably costs money. A lot of private insurance companies cannot afford to implement these changes without some kind of monetary aid. In U.S. society that means that, more than likely, the government will step in to “bail” them out. Also, low income families will be given tax credits and incentives for purchasing insurance. This in turn means more taxpayer dollars are needed and will be spent
The author wished to remain anonymous.
The Affordable Care Blunder
Abstract
The new healthcare bill in the United States, called the Affordable Care Act, has changed American healthcare for the worse. There are three main groups besides politicians and the public who are most affected by this bill. There are associations like the American Medical Association who are concerned with the wide ranging global and national effects of the bill. There are individual professionals who are concerned what the bill will mean for their profession. And there are the insurance companies who are having difficulties incorporating the bill. Some of the problems with the bill include, but are not limited to, hospital/doctor …show more content…
The first of many is that, again, there is no method in place for the healthcare provider to recover costs incurred by patients who do not pay. People do not often recognize or remember that liability insurance, the insurance a doctor needs in case of a malpractice suit, is extremely expensive. Carol Rice feels that because many patients do not pay and there is currently no good method of recoupment in place, there is a strong potential to put hospitals and doctors in private practice out of business. Furthermore, the ACA does not improve or fix the current methods of recoupment …show more content…
This is the largest positive factor of the ACA. A change that people do not talk about is that insurance companies will have to change their policies. The ACA is meant to target insurance policies that have limitations based on pre-existing conditions. The goal is to eliminate this kind of policy (Hayes). This inevitably costs money. A lot of private insurance companies cannot afford to implement these changes without some kind of monetary aid. In U.S. society that means that, more than likely, the government will step in to “bail” them out. Also, low income families will be given tax credits and incentives for purchasing insurance. This in turn means more taxpayer dollars are needed and will be spent