25+Pros And Cons of Affordable Care Act (Explained)

President Obama designed the patient caret or affordable care act on March 23, 2010. For that reason, it is also known as Obama care. The affordable care act provides health security to the people of America. Most importantly, before the implementation of this law in America, a large amount of the population of America was unsecured and uninsured.

As the former US government decided to implement the act in the entire United States, the uninsured mass population of the US, thriving at a very high risk and hazards related to medical care, received vast relaxation from the medical treatment cost.

The insolvent half of the mass population of the US ensured to get the benefit of free medical care. Although, the act has faced severe criticism from many social researchers, social analytics, social scientists, political panelists, and eminent media personalities from the United States. Here we will describe the main pros and cons of the act.

Table of Contents

Pros Of The Affordable Care Act:

Government’s Concern for the ordinary people:

Of course, one of the most significant issues in the world for every government is ensuring accessible and affordable healthcare benefits to the whole nation. Most political parties emphasize issues like healthcare, medication, and education in their political campaigns.

Although maximum political parties cannot deliver the promise, this is a worldwide excepted phenomenon. But, on the contrary, the former Us Government succeeded in its mission and, indeed, had its commitment.

Health for all:

Our world has been experiencing severe difficulties in areas like nationhood, Refugee influx, poverty, and life-killing diseases since the start of our human civilization. Health care is one of the problematic issues that are killing lives. Under this scheme, most US citizens got a relaxation from the medication burden.

Assurance of the quality:

The scope of the medication quality was minimal earlier. Most organizations, hospitals, and other institutions did not serve the best quality service. While this law comes into existence, all medical institutions are bound to provide the best service.

Time-bound is unlimited:

Time-bound is unlimited and unrestricted. Before the act’s enactment, the health institutions and health insurance service organizations provided the service for a limited period.

While after implementing the law, people suffering from choric disease and those who have long required health care benefits need to pay for their medical care after a certain period.

Importance of protection:

Obama care gives keen attention to the prevention of disease. The term prevention is better than the cure is genuinely accomplished by Obama care. Moreover, it provides notable exceptions to those already protective and aware of their health and diseases.

Reduction of the cost of the drugs:

The government considerably reduced the drug rate of the service. There are so many cheat life-saving drugs available to the US market. Significantly, senior citizens are getting immense benefits out of the act.

Under the act, the government was assured to distribute low-generic drugs to senior citizens, women, and children. Moreover, the prescribed medicines are offered to the needy at a meager cost.

Caring for the next generation:

The government implemented compulsory insurance for children their parents did not protect. The life of uninsured children has come under the scheme.

The fast-forward delivery system:

When the law came into existence, the delivery of health insurance was faster and more tangible, and a more accessible system of health insurance came into the market in the US. People started to get premium services faster, and health insurance companies became more proactive in serving their people.

Cons of the Affordable Care Act:

The pressure of the premium cost is high:

Under the protection of the law, insurance companies are compiled to serve the whole nation. Even this act bounds the insurance company to accommodate their service to individuals already suffering from deadly and incurable diseases.

As a result, the health insurance service provider increased the premium rate out of the increased service cost. After all, no company wants to incur losses.

Compulsion and levied amerce:

The government made this matter a compulsory affair. If someone has not undergone the Obama care process, they might get penalized for this. A considerable fine may be imposed on that individual who has insured themself.

The Obama government aims to ensure Obama government aims fit, irrespective of diseases so that the healthcare burden remains the same or lessened. The commitment may come to the shoulder of the government. And, of course, the government wanted to avoid that.

Systematical problems:

At the launch of the act, the portal of Obama Care was not working correctly. The enormous problem has evolved due to systematic errors.

The logging process was critical. People have expressed their grievances about the system because many people could not register for their families, businesses, and even startups.

Escalated the deficit of the budget:

Care is an inclusive project, including a country’s mass population. Therefore it puts significant pressure on a budget of government. However, it has empowered the whole country regarding medical care, including slower healthcare spending.

Consumer spending is decelerated:

After the law came into existence, consumer spending on medical was experiencing a recession as the need for service decreased.

A significant burden on the tax prayer heads:

The rich are indulged in the higher tax-paying system. The rich have to pay more for the health care of the poor class.

According to many pro-capitalist economists, this subsidized healthcare system also squeezes the hard-earned money of wealthy entrepreneurs and business people. They have to shoulder the burden of the poor people of society. Therefore, so many affluent taxpayers are unsatisfied with the system.

Chances of firing out the employees:

The compulsion was inducted into the head of the business that if they have more than fifty employees who do not cover the employees under the insurance, they have to suffer. The government imposes a considerable fine on them so that they may fire the employees.

In the above discussion, we already summarized all the pros and cons of the affordable care act. Indeed,y new system brings some new difficulties as well as some benefits and welfare. No new system can evolve as error-free. So, the government should focus more on these acts’ constraints and work more on them.