Impacts of National Healthcare Reform Essay example -- health care, A

Health circumspection in the United States has become one of the biggest, most debated issues in todays society and people post concerns over quality, accessibility, choice, cost and dozens of other factors. Politicians on both sides of the aisle have tried to use healthcare issues to their advantage, Democrats talking about the right that solely Americans should have to quality healthcare while Republicans hammer on the tremendous cost and its impact on the governments deficit and on business. With the transportation of the Patient Protection and Affordable Care Act (PPACA) on March 23, 2010, the debate has intensified. The Centers for Medicare and Medicaid Services, the US governmental agency that administers Medicare and Medicaid, found that the decree would do short to stem the rise in healthcare expenditures which are expected to increase to more than twenty percent of gross domestic product in the neighboring decade. However, at the same time, President Obama stated t hat The Health Care Reform Bill we passed last year will slow these rising costs, which is part of the tenability that nonpartisan economists have said that repealing the health care law would add a quarter of a trillion dollars to our deficit. My Administration projects significant savings from the health care reform. This paper will not attempt to tackle the issue of whether the overall impact of the bill will be more positive or negative to the US economy. The goal of this paper is to outline why addressing healthcare is so important economically and then to explore any(prenominal) specific aspects of the PPACA legislation, much(prenominal) as the mandate for coverage, the elimination of pre-existing conditions and coverage rescissions, allowing subject coverage until age 26, and the additio... ...s provisions does not guarantee any degree of understanding of the overall impact this legislation will have. However it is possible to look at various aspects of the legislat ion and forecast the implications of those changes. Certain protections that the bill provides, like expansion of dependent coverage, elimination of pre-existing conditions and prohibition of rescissions of coverage, will positively impact some people but will generally cause higher health care costs. Other aspects of the bill, like the medical loss ratio requirements and the coverage mandates, will impact businesses differentially. I believe in its totality, smaller employers will get some benefit out of the legislation while larger employers are likely harmed. However, it will be years after this law is enacted, and likely modified, that the true impacts of the legislation are known.