Problems with Ppaca - 1375 Words

Problems with PPACA: Higher Costs PPACA has touted new benefits without measures to cut cost.1 One should know that in America there are already federal laws and programs to cover the elderly (Medicare), the poor (Medicaid), and uninsured children (CHIPs), In addition there is basically free or low cost care to anyone who needs it and it is available if one looks for it. Examples include: Shriner’s hospitals, free clinics, and providers who do pro bono work. In case that wasn’t enough, there are also laws in place that ban practices of charging more to people with pre-existing conditions in employer-based health insurance. The 60% of Americans who get their healthcare insurance from their employer may actually be hurt by PPACA.†¦show more content†¦All medication purchases using FSAs or HSAs will require a prescription.1,2 Those expensive over-the-counter medications will now be out of pocket expenses for every American, even if they planned in advance with a HSA or FSA to cover the costs . More Red Tape It is hard to think of an example where government intervention reduces red tape and the PPACA is no exception. Anyone who receives $600 or more in compensation from a business will be required to receive a 1099 from that business at the end of the year. This ruling has been predicted to be so burdensome to American small businesses that even Obama has vowed to sign legislation to repeal it. Currently, the bill is gridlocked in Congress. Under the PPAC, the employer mandate will allow employers to receive monthly reports on subsidized employees. This has potential liability implications. Revealing personal finances to employers exposes individuals personal information and could increase employers liability.1 A business with the employer mandate in place and coverage for a household may see the government tack on penalties in such instances as an employee’s spouse loses a job, or an elderly relative moves in. There is the possibility that the employers will have to pay a penalty without knowing the full details, unless challenged and given permission by a government agency.1 Finally, under the employer mandate, PPACA forces businesses to make decisionsShow MoreRelatedThe Patient Protection And Affordable Care Act1491 Words   |  6 Pagesmaintaining fairness. Background/Problem: In 2010, President Barack Obama instated the Patient Protection and Affordable Care Act (PPACA). The PPACA was implemented to help provide affordable health care insurance for Americans. The idea for an efficient universal health care system is not new. In fact, 32 countries in the world have fully functional universal health care systems, the earliest being Norway in 1912 (Foreign Countries with Universal Health Care). The PPACA tries to implement a health careRead MoreThe Patient Protection And Affordable Care Act756 Words   |  4 PagesProblem Statement It has been almost six years since the Patient Protection and Affordable Care Act (PPACA) was enacted. Before the ObamaCare Act many people living in the United States didn’t have health insurance. The Patient Protection and Affordable Care Act include a long list of health-related provisions. Additionally, it supposed to extend coverage health insurance to many uninsured Americans (Obamacare, Web). Not all new government programs are perfect and the PPACA is no exception. EvenRead MoreThe Impact Of The Patient Protection And Affordable Care Act On Americans And Its True Intentions Through Communism1616 Words   |  7 Pagesthose supporters and opponents of the PPACA on whether it is a beneficial healthcare system, or not; and whether it is socialism, communism, capitalism, or corporatism. The government has framed the PPACA as a working progress to better Americans access to healthcare coverage but many argue that it is a lie. Both Horowitz and Evan both suggest that the PPACA is not helpful and is a system created to control Americans healthcare coverage. We also examine the PPACA through the help of writer Voss whoRead MoreThe Patient Protection Affordable Care Act1412 Words   |  6 PagesHealth care cost has been constantly rising and a problem in this country for years. Millions go without much needed medical care every year due to the lack of health care. For many the emergency room is their first contact with medical care. The Patient Protection Affordable Care Act (PPACA) intends to significantly decrease the number of uninsured in American. The PPACA, is said to be most comprehensive insurance reform since 1965, (the year in which Medicare and Medicaid were implemented) wasRead MorePatient Protection and Affordable Care Act (Ppaca)1014 Words   |  5 PagesI. Overview The purpose of this paper is to present a brief overview and timeline of the Patient Protection and Affordable Care Act (PPACA) that was signed into law by President Barack Obama on March 23, 2010 and to discuss its potential impact on healthcare access, costs and quality, and insurance companies. . II. Healthcare Reform Timeline The PPACA includes comprehensive reforms that will take place over the next four years. It is intended to hold insurance companies more accountable, protectRead MoreHealth Insurance Companies Are Protected From Exclusion Under Preexisting Conditions1632 Words   |  7 Pages†¢ Health insurance o PPACA prohibits malpractice by health insurance companies o The patients are protected from exclusion in preexisting conditions †¢ PPACA on the insurance rates o Tobacco users not to be charged more than 1.5 compared to the non-users o Allowed variation for adults will be 3 to 1 †¢ Effect of PPACA on employers o Prohibits employer-sponsored health plans and commercial health insurers from imposing a preexisting-condition exclusion o Insurers and employer self-insured health plansRead MoreThe Patient Protection And Affordable Care Act900 Words   |  4 PagesThe patient Protection and Affordable Care Act (PPACA) is the most debatable act which was signed into law on March 23rd, 2010 by President Obama (Obamacare Bill: Full PPACA Related Laws, n.d.). According to Affordable Care Act and the IAFF (2014), PPACA has three main objectives: expand access to healthcare coverage, shield patients against illogical actions by health insurance companies, and cut healthcare costs. The United States (U.S.) is the only advanced country that spend twice as muchRead MoreEvaluation of the Patient Protection and Affordable Care Act of 20101560 Words   |  7 PagesAct (PPACA), the U.S. health care reform legislation. The primary objective of the PPACA act is to â€Å"provide quality affordable health care for Americans† (Centers for Medicare Medicaid). Furthermore, the PPACA has the potential to â€Å"improve the rol e of public programs, improve the quality and efficiency of health care, and prevent chronic disease and improve public health† (Centers for Medicare Medicaid). It has been said that since the passage of Medicare in the year of 1965, the PPACA is â€Å"consideredRead MoreThe Patient Protection And Affordable Care Act1208 Words   |  5 PagesObama signed the Patient Protection and Affordable Care Act (PPACA). This is more commonly referred among United States Citizens as Health Care Reform. This revolutionary law offers three main guarantees: First, health insurance for all Americans, not just those who can afford it; Second, cost reduction in the insurance premiums for individuals and businesses; Lastly, higher quality care. On the surface, the PPACA seems all around beneficial for all Americans, but there areRead MoreThe Patient Protection And Affordable Care Act ( Ppaca ) : Blazing A Trail For Healthier Americans Essay1299 Words   |  6 PagesRunning head: PPACA A TRAIL FOR HEALTHIER AMERICANS Title: The Patient Protection and Affordable Care Act (PPACA): Blazing a Trail for Healthier Americans Introduction In the first quarter of 2016 the Patient Protection and Affordable Care Act (PPACA) legislation has lead to 20 million Americans gaining healthcare coverage, and a record low uninsured rate of 8.6 percent (U. S. Department of Health Human Services [DHHS], 2016). Yet the verdict is out on whether the PPACA has been an improvement