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  • Essay / A Brief Overview of Obamacare: The Affordable Care Act

    The Affordable Care Act (aka Obamacare) has been an extremely controversial topic recently. This deeply divided politicians and the public. Republicans and conservatives want it repealed, while Democrats and liberals enthusiastically defend and promote it. The opinion of the American people, however, is more difficult to gauge. Recently, politicians and the public have been outraged by the disastrous opening of HealthCare.gov and by insurance companies losing millions of customers. As a result, President Obama suffered a major blow to both his credibility and popularity. His promise that people could keep their health insurance if they wanted turned out to be false. In this article, I want to examine some of these questions and what they mean for health care reform. Specifically, I want to see how this affects businesses. First of all, why did this country's healthcare system need reform? Tens of millions of Americans had no health insurance. The main reason was that it was very expensive. If your employer didn't provide it, you had to pay for it yourself or you weren't insured. These uninsured people did not have regular access to health care because paying out of pocket for even a simple check-up was expensive. Another problem was that people with pre-existing conditions or serious medical problems could not get coverage. These are just some of the problems that existed. This is why the ACA was passed. This ensured that all Americans could afford insurance. It became illegal for insurance companies to turn away anyone with a pre-existing condition. Those who couldn't afford insurance on their own would receive government subsidies to help pay for it. Under the new law, all businesses...... middle of paper ...... Works Cited: "The Affordable Care Act's Loopholes." The Washington Post. February 10, 2014. March 2, 2014. http ://www.washingtonpost.com/opinions/diagnosing-the-affordable-care-acts-flaws/2014/02/10/cf7f26ea-91c9-11e3-b3f7-f5107432ca45_story.htmlKessler, Glenn “Is Obamacare a Killer. jobs?" The Washington Post, February 26, 2014. March 12, 2014. http://www.washingtonpost.com/blogs/fact-checker/wp/2014/02/26/is-obamacare-a-job-killer /Krugman,Paul. “A General Theory of Obamacare.” The New York Times. February 26, 2014. March 12, 2014. http://krugman.blogs.nytimes.com/2014/02/26/a-general-theory-of-obamacare-fiction/?_php=true&_type=blogs&_r = 0My Dad, David. “How Obamacare Affects Businesses, Large and Small.” Politics. September 30, 2013. March 12, 2014. http://www.politico.com/story/2013/09/how-obamacare-affects- businesses-large-and-small-97460.html