The Affordable Healthcare Act
The Wrong Plan and the Wrong Time
President Obama in March 2010 asserted the revolutionary Affordable Health Care Act (ACA) into law. According to Michael Marcovici in the article You Can Keep Your Doctor: What Nobody Told You About Obamacare, the law known as Obamacare, “came with two objectives.” The first objectives were to increase access to affordable health care services among the great American citizens. The other objective was to serve as check and balance to the rising cost of healthcare services in the country. While, the President termed the policy as the future of American Health; the reality is somewhat far from the sentiments (Marcovici, 46). The plan is simply too expensive for the country 's health …show more content…
Much as the American people require help with securing insurance plans and accessing quality health services, the resource available to us are very limited. According to Sally Pipes in The Cure for Obamacare,” Evidently, the plan overstretches the health budget causing more problems to the economy (Pipes, 14). For instance, the federal government imposes new taxes in order to finance the program. Taxation is mostly a wrong policy given its implications on the general public. Therefore, the citizens should pay for their insurance coverage. A survey by Gallup indicates that the majority of Americans with insurance coverage were planning to keep it. It shows, therefore that ACA is attractive enough for people to pay for it and thus should not be free or subsidized (Roy, …show more content…
The same sentiments should also apply in the case of pharmaceutical price gouging. Indeed, Obamacare should look into reducing drug prices to ensure its survival in the American health care system (Pipes, 29). According to Generic Drug Price Gouging Theory, drug prices in the domestic markets are skyrocketing compared to international markets. For instances, drugs prices in the American market rose 11% higher back in 2011 compared to Canadian, France and Switzerland market, mainly due to American greed and the supply and demand. Resultantly, millions of Americans go without drugs every day due to unaffordable drug prices (Marcovici,
The Wrong Plan and the Wrong Time
President Obama in March 2010 asserted the revolutionary Affordable Health Care Act (ACA) into law. According to Michael Marcovici in the article You Can Keep Your Doctor: What Nobody Told You About Obamacare, the law known as Obamacare, “came with two objectives.” The first objectives were to increase access to affordable health care services among the great American citizens. The other objective was to serve as check and balance to the rising cost of healthcare services in the country. While, the President termed the policy as the future of American Health; the reality is somewhat far from the sentiments (Marcovici, 46). The plan is simply too expensive for the country 's health …show more content…
Much as the American people require help with securing insurance plans and accessing quality health services, the resource available to us are very limited. According to Sally Pipes in The Cure for Obamacare,” Evidently, the plan overstretches the health budget causing more problems to the economy (Pipes, 14). For instance, the federal government imposes new taxes in order to finance the program. Taxation is mostly a wrong policy given its implications on the general public. Therefore, the citizens should pay for their insurance coverage. A survey by Gallup indicates that the majority of Americans with insurance coverage were planning to keep it. It shows, therefore that ACA is attractive enough for people to pay for it and thus should not be free or subsidized (Roy, …show more content…
The same sentiments should also apply in the case of pharmaceutical price gouging. Indeed, Obamacare should look into reducing drug prices to ensure its survival in the American health care system (Pipes, 29). According to Generic Drug Price Gouging Theory, drug prices in the domestic markets are skyrocketing compared to international markets. For instances, drugs prices in the American market rose 11% higher back in 2011 compared to Canadian, France and Switzerland market, mainly due to American greed and the supply and demand. Resultantly, millions of Americans go without drugs every day due to unaffordable drug prices (Marcovici,