The Affordable Care Act ( Aca ) Essay

1135 Words Nov 7th, 2015 5 Pages
Health care has been a hot topic for debate over the last eight years of Obama’s two terms as President. With the passing of the Affordable Care Act (ACA) in March of 2010, known culturally as ‘Obamacare’, the hopes of increasing the availability and affordability of health insurance for both individuals and employers seemed plausible. President Obama planned to reduce the American uninsured rate via individual mandates, requiring those not covered by an employer health program—or other public insurance program—to purchase a private insurance policy. Those who fell below the federal poverty line received tax-refundable subsidies to help pay for the premiums. In theory, this seems like a good idea. According to a survey conducted by the Center for Disease Control, around 90% of Americans are now insured, thanks in part to the policies of the ACA. And while this is splendid, one cannot help but think about the costs of a massive reform such as the ACA. The facts do not lie; the U.S. still remains at the top in the amount of money we spend on health care per capita, and as a percentage of our GDP. Even compared to the costs of many other industrialized countries, the U.S. still spends an abnormally high amount of money on health care—$8,713 per capita. (OECD) Compare that to Denmark, Norway, Sweden, the United Kingdom, Finland, France, Belgium, Switzerland, Germany and the Netherlands, who only average $4,630 per capita (the Netherlands, Norway and Sweden being the only ones…

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