The Patient Protection and Affordable Care Act Essay

1393 Words 6 Pages
The Patient Protection and Affordable Care Act (PPACA) is often referred to “Obamacare”. This act was signed by president Barrack Obama on March 23, 2010. The PPACA will ensure all Americans have access to quality, affordable health care with lower prices. The government claims that the act is fully paid for and gives most Americans the quality health insurance that they deserve. The goal of this act is also to reduce the deficit over the next ten years. The Patient Protection and Affordable Care Act states that things will be run differently in the years to come. The changes from this act started in 2010, but by 2014 the new insurance reforms will be put into action and bigger changes will be made. Coverage is offered at four different …show more content…
The reform will reduce prescription drug costs for all seniors (Bingaman). This plan will help senior in the end by decreasing costs and giving them better care. Many Americans argue that the PPACA will harm seniors because of the rules and laws it creates. The PPACA is imagined to harm seniors in the long run. There are a bunch of reasons why this act is said to harm seniors. First, Obama is going to impose a tax on the sale of brand named drugs in all health care programs. These fees range form $2.5 billion in 2011 to $4.1 billion in 2018. In 2013, the law gets rid of the tax deductibility of the federal subsidy for employers who have given coverage for retirees drug prescriptions. Second, enrollment in Medicare is estimated to be cut in half from 14.8 million to 7.4 million. Third, about nine out of ten seniors on standard Medicare already need to buy more insurance on top of what they already have. Without Medicare advantage many more seniors will have to pay for more than one insurance plans. Seniors do not get to choose the plan that they would like to have. Lastly, there are also about 77 million baby boomers that are expected to retire in 2011. The Medicare program will have to make changes in the medical services to help adapt to this dramatic change in the number of people. The next generation of seniors will have a horrible time finding a doctor to help them with their health problems because there will be so many seniors

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