Healthcare and its Legal Challenges
This paper will discuss the legal challenges within the health care industry. These topics will include the positive and negative changes that America is currently facing. These topics are closely related to the current events of our economy. First of all, what will universal health care cost us and what will we get from it? The costs of the future changes in the healthcare industry will cost roughly $2.6 trillion dollars over the next 10 years. Paying for healthcare changes over a 10-year budget window is an important and responsible goal, but it is not sufficient. For one thing, it is quite possible to produce a bill that is “paid for” over 10 years by using various scoring gimmicks that would not ensure deficit-neutrality over a longer period. Moreover, even a legitimately paid for 10-year bill could still leave healthcare on an unsustainable track absent reforms that produce long-term savings from current projections. In some ways, it will not matter who pays the increased taxes. If they are paid by corporations, they will raise the price tags of the goods and services they sell, so the individuals will suffer. If they are paid by the consumer, then the consumer will have less to pay for goods and services and the corporations will suffer. It is also expected that these costs could stem from savings from other plans such as Obama Care, Medicare and Medicaid and also by cracking down on the extremely expensive long-term care facilities. Once the actual healthcare laws are confirmed and changed, companies with more than 50 workers will have to pay a penalty if they do not provide healthcare. According to Judy Messina (2012), “constitutional scholars are expecting employees to take companies to court not only for violations of the massive and complex law, but also for technical issues—such as documentation of benefits, change notices and the interpretation of arcane provisions—that workers may claim are preventing them from getting benefits they deserve.” This will in fact cause a certainty of lawsuits. In today's society, those of us who can pay for health care subsidize those who can't or won't. The exact amount is uncertain, but our health insurance premiums are higher because the provider has to raise the rates for those who do pay to make up for those who do not pay. One of the issues regarding the legal challenges that Obamacare creates is regarding the payment for healthcare. "The Patient Protection and Affordable Care Act (PPACA) will provide tax credits and subsidies for the purchase of qualifying health insurance plans on state-run insurance exchanges. Contrary to expectations, many states are refusing or otherwise failing to create such exchanges. An Internal Revenue Service (IRS) rule purports to extend these tax credits and subsidies to the purchase of health insurance in federal exchanges created in states without exchanges of their own” (Adler, 2012). Although we need to make major changes to our health care system we will be unlikely to go back to the old medical system. Even if the new system is worse we will be stuck with it. We may have higher price tags or worse care. We may be able to tweak the new system and fix it or we may determine that the infrastructure is so poor that it too requires an overhaul. Even though healthcare has the potential of boosting our economy the question arises are we financially stable to repay the new debt the economy will incur? According to recent statistics data, our nation’s employment rate is holding at rate of 8.3%, I highly doubt we will have enough people employed within the next five to seven years to begin to pay for these anticipated changes. Many people will do their best to stay with their employers because of the fear of losing their health insurance as well as being added to the pool of qualified unemployed workers. Additionally, under the present day medical system, many people are unable to pay...
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