Running head: PATIENT PROTECTION AND AFFORDABLE CARE ACT Patient Protection and Affordable Care Act: Policy Analysis [Author’s Name] [Class] 20 August 2011 Abstract Problems in the health care system have long been a matter of public concern in the U.S…
The main purpose of the given work is to analyze the benefits and drawbacks of the new policy and provide recommendations for improvement. The Patient Protection and Affordable Care Act: Policy Analysis Problems in the national health care system have long been a matter of serious public concern in the United States. Overspending, low efficiency, and the lack of insurance coverage have become the main policy priorities in America. More often than not, politicians and policymakers use health care problems to speed up their political careers. President Obama was probably the first to systematically address the problem of health care from within. The Patient Protection and Affordable Care Act marks a new stage in the evolution of American health care. Its potential benefits for common American citizens cannot be overestimated. Nonetheless, the controversy surrounding the ACA continues to persist, and it is imperative that policymakers address the existing policy inconsistencies, to ensure that the proposed changes benefit the American society. Literature Review Needless to say, health care reforms and problems with health care provision are popular objects of empirical analysis. Much has been written and said about the main problems faced by American citizens and medical professionals. A wealth of strategies and recommendations was developed to improve the quality and efficiency of health care in the United States of America. Nonetheless, most policies provide only short-term solutions to issues surrounding health care provision. In this context, the Patient Protection and Affordable Care Act is believed to have the potential to change the situation to the better. Given the scope of medical care problems in the United States, it is no wonder that the ACA has immediately become the most popular object of policy analysis. Health care professionals and medical practitioners provide their ideas regarding the new policy and evaluate its inconsistencies. Based on their findings, the proposed legal provisions exemplify both a promise and peril of health care in the U.S., depending on the direction American policymakers choose to take in their striving to improve the quality of medical care in America. In their study, Davis et al (2010) evaluate the financial consequences and implications of the new act. The authors analyze how the new law affects the quality, organization, and delivery of health care, financial incentives of health care providers, and its capacity to provide the best health care and improve health care outcomes for everyone (Davis et al, 2010). This study is probably the most successful attempt to reconsider the ACA from a financial viewpoint. Davis et al (2010) state that, prior to enactment of the Act, Medicate expenditures were projected to grow at 6.8 percent every year through 2019; with the ACA, these rates of growth will reduce by 5.5 percent. The fact is that the ACA involves a reform of Medicare, which will enhance the value of health care provided and, simultaneously, reduce the rates of spending growth (Davis et al, 2010). Another problem addressed by the ACA is the rapid growth of health care premiums, which burden millions of American families. With the new policy, including a public health insurance plan, system savings could reach an estimated $3 billion between 2010 and 2020 (Davis et al, 2010). The policy will also relieve the burden of health care pr ...
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The need to implement patient protection and affordable act came into the public concern after they realized that the current system was under scrutiny, and it did not provide adequate care to the Americans. A statistic report indicated that, as of September 2010, approximately 50.7 percent of Americans were uninsured, and they did not have a proper plan of settling their medical bills.
The major reason for introducing a healthcare reform was to reduce the economic burden on citizens. This paper tries to examine the US heath care reform bill, its economic effects, conditions that led to the introduction of the bill and some controversies linked to it.
The Act has transformed non-group insurance market in US by making it mandatory for residents of US to have health insurance. The Act also requires that families and individuals who fail to obtain health insurance coverage be subjected to penalties by the US government at the start of 2014 (Maggied & Schenker, 2010).
Therefore, it was in conjunction with Health Care and Education Reconciliation Act (Feldman 19). Together, the two acts are expansions of the governmental regulations within the health care system in America. The Patient Protection and Affordable Care Act has an aim to ensure a wide spread of health insurance across the country.
A big percentage of American population is not medically insured and this leads to the physician visits being too expensive for an ordinary citizen (Gibson 41). Approximately 44million Americans are not insured and an additional 38 million have insufficient health insurances.
In this paper the new policy and its implications for health care provision are analyzed. The main purpose of the given work is to analyze the benefits and drawbacks of the new policy and provide recommendations for
The Act affects many stakeholders in the market, including the insurance companies, the pharmaceutical companies, state governments, health-care institutions, and medical device manufacturers. The Act addresses
On the other hand, the critics of this health care policy argue that it will be too costly for the government to bear, and May lead to a bloated federal debt, as well as, to a higher taxation system against the rich and
Subsequently, many individuals in the United States lack health insurance and this additionally worsens the problem of access to care, as well as its quality. This paper explicates the likely impact of Affordable Care Act (ACA) on
Concepts of universal healthcare dated back to 1989 (Barr, 2011). Republican and Conservative economists supported it then. Bill Clinton came up with a new way of dealing with the healthcare crisis in 1993 where employers would buy insurance
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