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Health Reform for the better?
Brandon Yu
Writing 39C
Who is this?!
The Affordable Care Act
President Obama’s hopes to supply health coverage
for the millions (50 at that time) of uninsured
Americans
Implemented on March 23, 2010
Provides cheaper, affordable care, enhance quality
for all Americans
Created to combat the dominant commercialized and
private health system and fee-for-service method
Problem
Future changes to the Affordable Care Act law
threatening the American economy, Deficit currently
around $17-18 trillion
Health expenditures
American public opinion
Has actually increased the individual market
premiums by average of 41%(Roy)
Impact of upcoming changes
Projected health expenditures(Gibbs)
GDP(Gross Domestic Product)
Market value indicator
Current/Upcoming Changes
Enactments until 2022
Biggest reforms in 2014
-Mandatory health coverage requirement
Employer mandate
“Cadillac” Tax proposed in 2018
-A 40% tax on health plans with values that exceed
$10,200 for individual coverage and $27,500 for
family coverage (Wojcik)
H.R. 3121
Repeals the Affordable Care Act
-This means coverage provisions by the ACA with net
costs of up to $1.5 trillion in the 2015-2024 period
will be eliminated (CBO).
Currently being referred to House subcommittee
Emphasis on individualized benefits
Releases burden off of American economy
Allows for flexibility in health plans
Competition among insurers is promoted
Health savings account
Questions?
Works Cited
Wojcik, Steven E. "Implementing The Patient Protection And Affordable
Care Act: The Time Is Now." Benefits Quarterly 29.2 (2013): 30-33.
Academic Search Complete. Web. 21 Jan. 2014.
Gibbs, Nancy, et al. "Race For The Cure." Time 182.23 (2013): 20.
Academic Search Complete. Web. 19 Feb. 2014
"Federal Budget in Pictures." Each American's Share of the Public Debt Is
Skyrocketing. Congressional Budget Office, n.d. Web. 06 Mar. 2014.
Banthin, Jessica. "Congressional Budget Office." Updated Estimates of the
Insurance Coverage Provisions of the Affordable Care Act. CBO, 04 Mar.
2014. Web. 05 Mar. 2014.
Roy, Avik. "49-State Analysis: Obamacare To Increase Individual-Market
Premiums By Average Of 41%." Forbes. Forbes Magazine, 04 Nov. 2013.
Web. 06 Mar. 2014.
Dykman, Jackson. "5 Truths About Health Care In America. (Cover Story)."
Time 172.22 (2008): 42-48. Academic Search Complete. Web. 29 Jan.
2014.