The Patient Protection And Affordable Care Act Essay

2162 Words Jun 20th, 2016 null Page
On March 23, 2010, the Patient Protection and Affordable Care Act (ACA) came into law by President Obama’s signature (Manchikanti). The ACA is similarly a unique model for universal healthcare. Furthermore, it was determined to take place by January 1, 2014 and allowed all American citizens access to the “essential health benefits” (Amadeo). The signing of this law was a momentous event for the United States marking a significant transformation in the healthcare system since Medicare and Medicare (Manchikanti). The Affordable Care Act created dozens of new government programs. The aim of Obamacare is to bring down the high cost health care by extending health insurance to the US population who lack coverage. The impacts of the ACA lead to many heated debates between the Democratic and Republican party. “Republicans are preparing to make substantial changes in the legislation” (Machikanti). Therefore, the healthcare reform is an important and controversial centerpiece of the upcoming 2016 election.
There are four different levels of health insurance plans available through ObamaCare’s Marketplace, which include Bronze, Silver, Gold, and Platinum (DeMichele). Bronze are the cheapest plans available and split covered expenses 60-40 on average. Bronze includes the most basic benefits and most limited networks of doctors and hospitals (DeMichele). Silver are considered “the marketplace standard” meaning that premium caps are based on the cost of the plan and on average splits…

Related Documents