Affordable Care Act Pros And Cons

The Affordable Healthcare Act is a health care law that gives Americans more affordable and accessible health insurance, so they can be back in charge of their health care. It was originally called the Patient Protection and Affordable Care Act (PPACA) in 2010 and is now called Affordable Care Act (ACA) or ObamaCare for short. The law was made with the intention of improving the quality and lowering the cost of healthcare. The act provides small business health insurance tax credits, provides free preventive care and protection from health care fraud, provides coverage for young adults, expands coverage for early retirees, allows states to cover more people on Medicaid, and much more.
General provisions, or action of providing/supplying something of use, of the Affordable Healthcare Act expands affordable Medicaid coverage for millions
Medicare is designed to help with long – term care for the elderly, while Medicaid covers health care costs for the poor. Medicare is a federal program that is attached to social security. It is available to all U.S. citizens 65 years of age or older along with people with certain disabilities. The programs include hospitalization coverage, medical insurance, privately purchased supplemental insurance, and prescription drug coverage. Medicaid is a federal and state program that helps low-income patients and families pay for the costs associated with medical and long-term care. The federal government funds up to 50% of the cost of each state’s Medicaid program. Due to the program being a federal and state partnership, there are 50 different Medicaid programs. CHIP is for uninsured children with family income too high for Medicaid. So, the differences between Medicare, Medicaid, and CHIP is who the patient is that can get help and insured. Medicare is for elderly, Medicaid is for the poor, and CHIP is for uninsured