The Debate Of Obamacare And Obamacare - 966 Words

Today’s political landscape is more polarized than ever before. The age-old tradition of compromise and â€Å"reaching across the aisle† seems to be more and more unlikely. Nonetheless, there has been no issue more polarizing than healthcare. It is a policy that has traditionally created a rift between the Republican and Democratic parties since its inception in the 1960s. With a majority in both Houses of Congress, the Republicans look to overturn Obamacare as their first priority. Congressman Tom Price s (R-G.A.) s introduced the Empowering Patients First Act in 2015, legislation that will completely overturn Obamacare. Recently, Senator Rand Paul (R-Ky.) unveiled the first page of the Republican alternative to Obamacare. It is essential†¦show more content†¦Price recommends that individuals currently covered by a government provided health program should contribute to their insurance plans through health savings accounts. Proponents of this policy argue that it will hold consumers to be more responsible when seeking healthcare services. Opponents argue that while it might decrease the growth of health care costs, it will worsen health care outcomes. 4. Tax credits and subsidies will be reduced. Currently, individuals whose incomes range from 100% to 400% of the federal poverty level, receive subsidies to help them pay for their insurance packages. Under the EPFA, tax credits will be linked to age rather than income. In addition, these tax credits are comparatively modest, ranging from $1200 for those aged 18-30 to $3000 for those above age 50. In an age of rising premiums, these tax credits would do little to cover the baseline costs for many insurance packages, especially in rural regions in the country where only one option is available in the online insurance marketplace. 5. Repeal expanded Medicaid coverage. Currently, Medicaid expansion has been implemented to cover individuals up to 138% of the federal poverty level. It fills in the coverage gap between individuals whose income is too high to qualify them for Medicaid but too low to purchase a healthcare plan on the exchange market. This policy has provided health insurance to millions more of Americans, created jobsShow MoreRelatedObamacare : The Great Debate1404 Words   |  6 PagesObamacare: The Great Debate The Obama Presidency is known for many things: two wars, economy crashes, government shutdowns and, yes, the infamous Obamacare. Throughout the last six years, President Obama’s agenda was set towards passing a major healthcare reform bill: The Patient Protection and Affordable Healthcare Act (ACA), more commonly known as Obamacare. Passed on March 23, 2010 under considerable opposition, ACA is widely considered to be the landmark achievement of Obama’s presidencyRead MoreDebate Team paper on Obamacare2154 Words   |  9 Pages Debate Team paper on Obama Care Our team’s debate topic covers a controversial issue within the Affordable Care Act in America, known as Obamacare. Obamacare is the universal health care in the United States that provides Americans access to affordable, quality health insurance, with a goal of reducing growth in healthcare spending. This universal health plan is technically a mandate or tax, in which non-compliers may be penalized through their federal return. Our topic debates whether AmericansRead MoreThe Debate Over ObamaCare Essay example1391 Words   |  6 Pages â€Å"ObamaCare contains many benefits, especially for low and middle income families and business† (â€Å"ObamaCare: Pros and Cons†). Many people have been having concerns on the cost of the insurance because it has raised in cost. 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Now according to report out of the news channel CNN there are at least 3 reasons to why the GOP went after the healthcare reform before the tax reform. First reason is a promise the GOP has talked about for the last couple elections, this really is simple to understand. Second they thought they were ready to handle such a big undertakingRead MoreObamacare : The Affordable Health Care Act1610 Words   |  7 Pagesknown as Obamacare. This new program has been so purely monumental, because government until then had not been directly involved with health care as much as they are. Benefits include lower costs, and thousands of uninsured individuals and families with health care. Downsides are more and higher taxes, and health insurance goes up. There has been much controversy centered around this topic, and many debates bring the good and bad points of Obama care. 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A large issue between the opposing sides is the future of small business under this bill. â€Å"Many small businesses are going to be absolutely crushed by the provisions in Obamacare that require them to provide expensive health insurance coverage for their employees.† (Snyder, Michael) â€Å"3.2 million smallRead MoreShould Obamacare Be Abolished?1099 Words   |  5 Pagesexpenses along with there own. While every American politician can agree, Healthcare is a huge problem in America, the Democratic and Republican parties have very different approaches to solving the issue. Upon considering the facts of both proposals, Obamacare should be abolished in favor of the healthcare reforms proposed by the Republican party. The cost of healthcare in America is out of control. As the medical costs continue to rise, many Americans, especially those considered low income, have decided