According to the United States department health and human science The Affordable Care Act puts consumers back in charge of their health care. Under the law, a new “Patient’s Bill of Rights” gives the American people the stability and flexibility they need to make informed choices about their health. In today’s society some people agree with the affordable care act, some don’t and some may agree to disagree. This paper will discuss, varies information of Health care reform including the negative impact it has on small business, Cost and Individual mandate.
The Affordable care act have some positive outcome but also some negative outcomes that out weights the positive. The affordable care act makes small businesses pay taxes like for instance, “.2% of firms in the US have over 50 full-time employees and will have to choose to insure full-time workers or pay a fine” (obamacarefacts.com). This mean they’re responsible for providing health care if it’s over 50 full time employees in order for them not to get fine. Some small business will cut employees hours and …show more content…
For example the affordable health care act “provides subsidies for low-income families and small businesses, while it taxes higher-income families, those who don't sign up for insurance and businesses who don't provide health benefits.”(useconomy.about.com) the affordable care act places you in four categories depending on the plan you decide to get. The cost is ranged from lowest to highest, bronze being the lowest that have to pay the highest deduction and Platinum being the highest that pays the lowest deduction. “Bronze only pays 60% of your healthcare costs, Silver pays 70% of your covered medical costs; Gold pays 80% of your costs and Platinum Pays 90% of your costs” (useconomy.about.com). According to the KFF .org website if someone tried to get assistance in Georgia our state has decided not expand Medicaid if you’re under poverty
The Affordable care act have some positive outcome but also some negative outcomes that out weights the positive. The affordable care act makes small businesses pay taxes like for instance, “.2% of firms in the US have over 50 full-time employees and will have to choose to insure full-time workers or pay a fine” (obamacarefacts.com). This mean they’re responsible for providing health care if it’s over 50 full time employees in order for them not to get fine. Some small business will cut employees hours and …show more content…
For example the affordable health care act “provides subsidies for low-income families and small businesses, while it taxes higher-income families, those who don't sign up for insurance and businesses who don't provide health benefits.”(useconomy.about.com) the affordable care act places you in four categories depending on the plan you decide to get. The cost is ranged from lowest to highest, bronze being the lowest that have to pay the highest deduction and Platinum being the highest that pays the lowest deduction. “Bronze only pays 60% of your healthcare costs, Silver pays 70% of your covered medical costs; Gold pays 80% of your costs and Platinum Pays 90% of your costs” (useconomy.about.com). According to the KFF .org website if someone tried to get assistance in Georgia our state has decided not expand Medicaid if you’re under poverty