How the Affordable Care Act Effects United States Citizens
The overarching theme of my paper is the controversial topic of the Affordable Care Act. The Affordable Care Act (ACA), commonly known as Obama Care, is now open in the U.S. and means there are many new changes that exist in the health care policies. The problem with these health care policies is that many Americans don’t have any health care insurance, and this is a big problem.
Those receiving and not receiving benefits fall into four segments of the population: Half receive insurance through an employer, one-third receives it through the U.S. Government, one-tenth of the population are individuals purchasing it themselves, and the uninsured comprise the remaining percentage.
For those who receive insurance through their employers, the amount paid out of pocket is capped. Each of these people will also get free preventative care, in order to keep them healthy in the work place. Companies with over 50 employees must insure employees or pay a penalty (effective in 2015). Small businesses are encouraged to buy insurance, but are not forced too, and special marketplaces are set-up for them to buy the insurance and benefit from temporary tax breaks. Another change is that insurers cannot inflate prices if an employee becomes sick also; Medicaid now covers prescription drugs and is expanded to cover more Americans. This covers poor adults who make less then $15,856 a year these people will be covered by private insurance plans, but each State’s governor and legislature may decide weather to be apart of the Medicade expansion. In the States that subscribe, the federal government will over almost all the costs. For those who live in a State that choses not to subscribe, alternative options exist. For example, to buy it individually at one of the Health Insurance marketplaces. These are virtual megamall of insurance