User:Mkelley9/Flaws in Obamacare

The Affordable care act, or also known as "Obama Care" is a form of health insurance provided to families and persons who are below the poverty line. The Act created by President Obama was set in place in 2010, on March 23. This act was created to reduce the number of persons without health insurance.

Who Qualifies?
In states that expanded Medicaid under the ACA, everyone who makes less than 138% of the Federal Poverty Level qualifies for Medicaid or known as Obama Care. You can also receive help if the person is under 30 who can’t afford health insurance coverage, who doesn’t qualify for Medicaid, and has an exemption, may be able to get a catastrophic plan.

Flaws in the act
It is said that with this new law The uninsured rate has dropped by 5% since the programme began. Although the rate dropping 5% is a show of progrress, due to this act being established Labor force participation has been declining to reaching a low of 62.5 percent in 2015. The CBO projects that it will remain at that level in 2016 and fall again to 62.1 percent in 2019. While many factors contribute to this decline, the CBO has identified federal policies as contributing to the problem—most notably the Affordable Care Act. The CBO also reported that in 2015, the federal government spent a total of $936 billion on health programs, a 13 percent increase over the 2014 level, outpacing Social Security spending, which totaled $882 billion. Because the court ruled that states could choose not to participate in Medicaid expansion, poor and working-class families who don't qualify for Medicaid find themselves having to pay for private insurance. Along with these faults of the ACA, people will also experience,
 * Higher Costs
 * Arbitrary and sometimes absurd rulemaking;
 * Bureaucratization of an already overly bureaucratized sector of the economy;
 * Incompatibility with personal freedom and religious liberty; and
 * Enormous spending and heavy taxation.

Future Goals
The goal of the Affordable Care Act is to open the door to healthcare by providing affordable medical insurance and treatment options to millions of previously uninsured Americans. WIth the future of obama care being unknown what is known is that if this act was partially repealed, 30 million people could lose health coverage through the process known as budget reconciliation, without adopting replacement legislation. Regardless of what the future of this act is, insurance is a good thing for all people. Its inevitable a person will not get sick,having that extra backup could save a life, even if it is highly negative.