Preview

Health Care Old Versus New

Better Essays
Open Document
Open Document
1656 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Health Care Old Versus New
| Health Care In Our Nation, Old Versus New | | | |

|

I will compare the current health care system with the new Patient Protection and Affordable Care Act (ACA) that became law on March 23, 2010. The current system, which is being phased out between 2011 and 2018 is increasingly inaccessible to many poor and lower-middle-class people. About 47 million Americans lack health insurance, an increase of more than two million people from 2005 (Rovner,2011) the increasingly complex warfare between insurers and hospitals over who pays the bills is gobbling up a great deal of money and the end result is that the United States pays roughly twice as much per capita for health care as Canada, France, and the United Kingdom yet experiences slightly lower life expectancy than those countries. President Barack Obama campaigned for the need to reform the American health care system, stating that the cost of health care was a “threat to our economy” and that health care should be a “right for every American.” (Rovner,2011) Thus began the passage of health care reform. On March 23, 2010, the Patient Protection and Affordable Care Act became law. Private and Parochial schools have been competing with public schools for as long as I can remember. These schools have to show that they’re worth paying for or they don’t get customers. The health care industry, on the other hand doesn’t have government competition. The old health care system gave insurance companies all the power. It’s more along the lines of, pay us outrageous fees or you die. And even if you have their coverage they still look for ways to drop you from their insurance. I feel that under the new health care reform laws I won’t have to worry about getting laid off and losing my health insurance coverage again. There are 92 provisions in the ACA (Affordable Care Act) that are being implemented between the years 2011-2018. This essay however, will only cover the provisions I



References: Affordable health care for America. (2010, April 2) Prepared by committees on Ways & Means, Energy & Commerce And Education & Labor, Retrieved from http://docs.house.gov/energycommerce/TIMELINE.pdf Drea, (2010). Filed in archive economy, government, politics. Business Pundit, Retrieved from http://www.businesspundit.com/the-pros-and-cons-of-the-new Insurance Premiums Still Rising Faster Than Inflation and Wages. (2009). The Business of Health Care. New York Times inflation-and-wages/ Rover, (2011)

You May Also Find These Documents Helpful

  • Best Essays

    Medicare and Medicaid

    • 3491 Words
    • 14 Pages

    There is no doubt that the health insurance landscape of today’s society is drastically different than what our grandparents experienced decades ago. With health insurance reforms and the growth of a health insurance marketplace, the government hopes to ensure health coverage for more Americans than ever before. The health insurance paradigm has shifted from a privilege to a basic right, but it has not come without immense debate, discussions over the quality of care and its rising costs. The new reform proposed by the Obama administration to insure every American has sparked…

    • 3491 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    The Patient Protection and Affordable Care Act (PPACA) signed into law by president Obama on March 23, 2010 is arguably the most extensive reform of health care law ever to be enacted in the U.S. It will impact the way professionals practice health care, the way insurance companies handle health care as a product, and the way consumers purchase and use health care as a service. The Affordable Health Care Act is primarily aimed at reducing the number of uninsured Americans and reducing the overall costs of health care from an administrative and consumer standpoint. The PPACA requires insurance companies to cover all applicants and offer the same rates to all applicants of the same age regardless of pre-existing conditions, gender or any other intrinsic factors that may deem an individual a particularly “risky” investment for an insurance company. According to the U.S. Census Bureau, in 2009, there were 50.7 million Americans living without health insurance; that amounts to 16.7% of the population (DeNavas-Walt et al.). In order to increase the rate of coverage, the PPACA provides mandates, subsidies, and tax credits to employers and individuals. Since individuals will not be discriminated against on the basis of their health, insurance companies will have larger pools of individuals to cover and the price of insurance will decrease based on the idea that the collective or average risk of any given group of individuals will, theoretically speaking, be less risky than the highest-risk individuals in that group. Because consumers will not be judged on their individual health, the insurance companies, instead, will have to compete for consumer attention and theoretically speaking, market prices of insurance will fall further due to the increased competition between companies (HealthCare.gov). In addition, there will be a mandate in place which will require all individuals not covered by their employer, Medicare, or…

    • 1439 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Affordable Care Act

    • 2850 Words
    • 12 Pages

    On March 23, 2010, the Affordable Care Act was signed into effect by the president and was upheld by the Supreme Court on June 28, 2012 ("Read the Law | HealthCare.gov", n.d). The Affordable Care Act has 10 titles to the law and under each title are sections. This law has brought on much controversy and has many negative and positive impacts. There are also some very drastic changes that this law will help make for our country and their impacts can be either negative or positive.…

    • 2850 Words
    • 12 Pages
    Better Essays
  • Better Essays

    The Patient Protection and Affordable Care Act (PPACA) (ACA) or Obamacare is the most signification change the U.S. medical system since Medicare and Medicaid reform during the 1960’s. The Affordable Care Act or ACA is designed to ensure that all Americans have medical coverage. It gives those that were uninsured a means to now have health insurance, offers a more affordable coverage to those who couldn’t afford their premiums, expanded the limitations on public insurance and subsidizes private insurance coverage, and with Medicare, expanded, reorganized, and reduced cost on some additional supplemental options. Identifying the impacts of such fundamental reform to the health care system was without a doubt a difficult task and hard to foresee. However these future impacts were foreseen in order for this legislature to pass. This paper discusses how the ACA changes health care, and the historical evolution that has already or what may be to come. It will also discuss my personal view on just how significant the impact has been.…

    • 1050 Words
    • 3 Pages
    Better Essays
  • Good Essays

    Affordable Care ACT

    • 871 Words
    • 4 Pages

    The patient protection and Affordable Care Act of 2010 (ACA) is expected to have a major impact on the financing of healthcare, principally by expanding insurance coverage to approximately 32 million of the current 50.7 million uninsured by 2014. If the goal is reached, 95% of all Americans will have health insurance (Kovner& Knickman, 2011). The Affordable Care Act will expand coverage in two key ways: expanding Medicaid eligibility and through a blend of subsidies and mandates that encourage the working class to purchase affordable insurance coverage in the private market. Medicaid eligibility rates will be expanded so that most people who earn less 133% of the federal poverty level will be covered.…

    • 871 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Escape Fire Paper

    • 1432 Words
    • 4 Pages

    Dr. Don Berwick, Head of Medicare/Medicaid 2010-2011 whom talks about how unsustainable the healthcare system is. We’re spending almost twice as much in America as any other country on earth. Yearly, we have been spending $2.7 trillion in healthcare. The average per capita cost of healthcare in the developed world is about $3,000, but in the United States, it was around $8,000 annually, more than double. Due to these astronomical amounts, healthcare has not become affordable anymore. Insurance companies are raising their rates they are charging for premiums, covering less on patient care, which in turns takes even more money out of our pockets because we now not only have to pay the premiums, but are now left with the portion of the care given that we must pay for out of our pockets.…

    • 1432 Words
    • 4 Pages
    Good Essays
  • Good Essays

    References: Johnson, L., (2009). Q&A: Why health care 's economic impact matters. Retrieved from http://www.usatoday.com/news/health/2009-06-19-health-economy_N.htm…

    • 868 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    More than 45 million Americans are uninsured. Even those that do have health insurance often face financial and other barriers when getting healthcare. The Affordable Care Act (ACA) removes most of these financial barriers (Kocher, Emanuel, & DeParle, 2010). The ACA guarantees access to healthcare and creates new incentives to change clinical practice, but some might be surprised to learn that the financial price tag attached goes beyond healthcare costs and taxes which all Americans will pay for costs associated with the ACA are passed (Unknown, 2012).…

    • 1408 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The Patient Care and Affordable Care Act created and signed into law to ensure that all Americans have access to health care at affordable costs and to help control the rising cost of health care. Opposed from the beginning, this reform measure creates opportunities for individuals to access insurance with pre-existing conditions, preventative service, and immunizations, dependent coverage up to age 26, and to develop information for consumers to make informed comparisons when shopping for health insurance. This Act will be implemented in 2014 and the impact of the costs that will have to be covered by employers is a huge concern. Employers are finding ways to get around paying for employees health care costs by reducing hours and keeping staff numbers under 50 to avoid tax increases under The Patient Care and Affordable Care Act. Aimed at providing for the non-insured and under insured citizens of America while providing a comprehensive guideline to choosing a health insurance plan to best fit the consumer’s needs, the costs to business and the jobs that…

    • 1337 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Gruber, J. (2011). The impacts of the affordable care act: How reasonable are the projections? National Bureau of Economic Research. Retrieved from http://www.nber.org/papers/w17168.pdf?new_window=1…

    • 809 Words
    • 4 Pages
    Good Essays
  • Better Essays

    The Patient Protection and Affordable Care Act, commonly known as Obama Care has been a hot controversial topic that aroused back in 2008 when President Obama, at that time Senator Obama put onto the plate while running for the presidential seat. While there are many different perspectives related to this topic, it is up to each individual to decide whether it is beneficial or detrimental. In this day and age where the cost of living is rapidly escalating higher and higher and the unemployment rates are just as high. Most Americans tend to try staying away from medical bills. It is hard enough in today’s time to pay daily expenses, adding hospital bills is just too much to handle. Many times, we can feel something wrong in our bodies but ignore it just so we don’t have to visit a doctor and add another tab to our every day expenses.…

    • 996 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Pre-Existing-Conditions

    • 5141 Words
    • 21 Pages

    Imagine paying $500, $600, $700, or $1,000 monthly for health care insurance only to realize these payments were for naught. The health care insurance provider that received these monthly installments has decided whatever is ailing you will not be covered due to a pre-existing medical condition. What if you couldn’t have the luxury of health care insurance at all due to the basis the health care insurance provider has concluded you have a pre-existing medical condition? These are the dilemmas facing millions of Americans today in the current health care system. America’s health insurance companies exist to make a profit and not for the general well being of the persons they insure. To achieve a profit the health insurance companies must deny coverage claims when Americans need coverage the most or not cover these individuals in the first place. This is a problem that the United States is addressing, or trying to address, in heated debate on Capitol Hill. Many of our Republican politicians want to continue with the status quo of the health care system while Democrats seek to eliminate pre-existing conditions altogether. The American public has come to recognize there has to be a major overhaul of the current health care system starting with pre-existing conditions.…

    • 5141 Words
    • 21 Pages
    Better Essays
  • Better Essays

    As time progress Healthcare has evolved tremendously, such as finding cures for diseases, transplants, and different types of surgeries. All of which have enhanced and still getting better. That is only the provider side of healthcare. When speaking on the financial side of healthcare insurance plays a huge role. Medicare and Medicaid was seen as a significant event. “When President Lyndon B. Johnson signed the bill on July 30, 1965, creating the Medicare and Medicaid programs, it was the culmination of a decades-long effort, marked by political infighting, false starts and near misses to create a national health-insurance program.” (Fong.T , 2010, p 6) This event brought change to healthcare so that the elderly and less fortunate would be able to afford the healthcare they needed.…

    • 1028 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Affordable Care Act Impact

    • 1669 Words
    • 7 Pages

    With this lowering of the deficit, our nation’s income will be increased as well as living standards. Financial burdens from healthcare services seem to be inevitable. Whether it is the government, employers or individuals paying the costs, the financial aspect of healthcare seems to be on a steady rise. “The (health reform) legislation has no immediate effect on the underlying structural factors that drive health care costs” (Kovner & Knickman, 2011). With the Affordable Care Act in place there has to be an implementation to cover the economic aspect of the act. “Key provisions of the ACA that intend to address rising health costs include providing more oversight of health insurance premiums and practices; emphasizing prevention, primary care and effective treatments; reducing health care fraud and abuse; reducing uncompensated care to prevent a shift onto insurance premium costs; fostering comparison shopping in insurance exchanges to increase competition and price transparency; implementing Medicare payment reforms; and testing new delivery and payment system models in Medicaid and Medicare” (The Affordable Care Act: A Brief Summary,…

    • 1669 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    In 2006, an estimated fifty million people lacked medical insurance in the United States of America (Pibel). Uninsured Americans were charged significantly more for basic services and died when medical care could have saved them. Unfortunately, it’s not only the uninsured who suffer in this desperate situation. Of the more than one million, five-hundred thousand bankruptcies filed in the United States before President Barack Obama’s administration, about half were a result of medical bills; of those, three-quarters of filers actually had health insurance (Pibel 1). On March 23 of 2010, the Patient Protection and Affordable Care Act became law. Also known as “Obamacare,” this law primarily functions to decrease the number of uninsured Americans…

    • 1180 Words
    • 5 Pages
    Better Essays