Obamacare
Obamacare Obamacare is a law forcing Americans to have health insurance, which means they have enough income to pay. It forces employers to provide health insurance to employees, including controlling insurance companies not to decide whether patients buy insurance. The law was used in 2010 and helped around 32 million people entrance to healthcare because, […]
Obamacare
Obamacare is a law forcing Americans to have health insurance, which means they have enough income to pay. It forces employers to provide health insurance to employees, including controlling insurance companies not to decide whether patients buy insurance.
The law was used in 2010 and helped around 32 million people entrance to healthcare because, in the past, healthcare was provided to older people or low-income families.
However, it makes people pay more taxes and strike Obamacare because this insurance violates the Constitution. In 2012, the Republicans filed a lawsuit against the Supreme Court, but the court decided to keep Obamacare because it was not against the Constitution.
The advantages
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A greater number of Americans own health insurance
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A greater variety of accessible coverage alternatives
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It is no longer possible to deny coverage to those with prior medical illnesses
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There are no time restrictions on care
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Assist all Americans in accessing better, more affordable healthcare
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Prescription medications are less expensive.
The disadvantages
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higher rates, accessible payment commitments, and higher taxes as a side effect of Obamacare.
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Employers are cutting back on working hours in order to avoid offering perks to their employees.
Joe Biden is the President of the United States, and his administration has expressed a commitment to building on and strengthening the Affordable Care Act (ACA), commonly known as Obamacare. Since Biden took office in January 2021, his administration has undertaken various actions and initiatives related to healthcare and the ACA.
For the latest information on Joe Biden’s healthcare initiatives and policies, it is recommended to check official government announcements, news sources, or the White House website.
The assessment of whether the Affordable Care Act (ACA), commonly known as Obamacare, is “good” or “bad” often depends on one’s perspective and priorities. Different individuals, policymakers, and experts may have varying opinions based on their values, experiences, and expectations.
Source:
https://www.pptvhd36.com/news/ประเด็นร้อน/135707
https://www.healthline.com/health/consumer-healthcare-guide/pros-and-cons-obamacare#outlook
This article is a part of the class
“751309 Macro Economic 2”
supervised by Asst. Prof. Napon Hongsakulvasu
Faculty of Economics, Chiang Mai University
This article was written by
Pumanee Wannakote 651615043
