What are the pros of the Affordable Care Act?
ProsMore Americans have health insurance. Health insurance is more affordable for many people. People with preexisting health conditions can no longer be denied coverage. No time limits exist on care. More screenings are covered. Prescription drugs cost less.
What is the impact of the Affordable Care Act?
The ACA has reduced the number of uninsured people to historically low levels and helped more people access health care services, especially low-income people and people of color.
Who does Obama care benefit?
Benefits, rights, and protections of the Affordable Care Act (also called the ACA or Obamacare), include: Letting young adults stay on their parents’ plan until 26. Stopping insurance companies from denying you coverage or charging you more based on health status.
Does Obamacare cover surgery?
Most insurances don’t cover elective cosmetic surgeries like breast implants and face lifts. Obamacare plans most likely won’t cover these costs either. The only way these procedures have any chance of being covered by your policy is if you have a serious, medical necessity that requires such a procedure.
Why is it important to have free healthcare?
Access to health services ensures healthier people; while financial risk protection prevents people from being pushed into poverty. Therefore, universal health coverage is a critical component of sustainable development and poverty reduction, and a key element to reducing social inequities.
Why should we keep Obamacare?
Lower health care costs are one reason why the ACA was projected to reduce the deficit by $143 billion over its first 10 years. 5 If health care is less expensive, so is Medicare and Medicaid. Obamacare also shifted cost burdens to health care providers and pharmaceutical companies.
What is the definition of affordable health care?
A job-based health plan covering only the employee that costs 9.83% or less of the employee’s household income. If a job-based plan is “affordable,” and meets the “minimum value” standard, you’re not eligible for a premium tax credit if you buy a Marketplace insurance plan instead.
What is the Affordable Care Act in simple terms?
The comprehensive health care reform law enacted in March 2010 (sometimes known as ACA, PPACA, or “Obamacare”). The law provides consumers with subsidies (“premium tax credits”) that lower costs for households with incomes between 100% and 400% of the federal poverty level.