Formally known as the Patient Protection and Affordable Care Act (PPACA), “ObamaCare” has many functions that are unknown to the public and because of this ignorance many people do not approve of it. As you continue reading, the facts about ObamaCare will be presented and then you can make an informed decision on whether or not you agree with the public policy. The Affordable Care Act was signed into law on March 23, 2010 by President Barack Obama to reform the health care industry.
It was later upheld by the Supreme Court on June 28, 2012; however, the court held that states cannot be forced to participate in the ACA’s Medicaid expansion under penalty of losing their current Medicaid funding. It represents the most significant regulatory overhaul of the U. S. health care system since the passage of Medicaid and Medicare. The purpose of this act is to give more Americans access to affordable, quality health insurance while reducing the growth in health care spending in the United States.
The Affordable Care Act does so by expanding the affordability, quality and availability of private and public health insurance through consumer protections, regulations subsidies, taxes, etc. The Patient Protection and Affordable Care Act has continued to be implemented around the United States over the past year now. There are many people who benefit from this recent reform but many see it as giving Americans another safety net to fall back on without having to do much work. Where do you stand? Is ObamaCare worth the money that’s being spent on it or is it just another easy way out?
The law allowed an increased cost exemption, which stated that employers that can demonstrate a one percent or more rise in costs due to parity implementation will be allowed to exempt themselves from the law. The Mental Health Parity Act did not include rules for service charges, designations for the number of inpatient hospital days or outpatient visits that must be covered, coverage in ...