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Why the Affordable Care Act Is Bad for America

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Submitted By rimche
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Why The Affordable Care Act is Bad for America

The Affordable Care Act does have good intentions, unfortunately it is not turning out to be what Americans were expecting. American’s were originally told that they would be able to keep their current healthcare plan without interrupts; however beginning December 2013 thousands of Americans received cancellation letters from their insurance companies due to the rules and regulations of the Affordable Care Act. When searching for similar policies (which are rare to find) the monthly premiums where increased dramatically, which most people cannot afford. As for young healthy persons, The Affordable Care Act has made it no longer acceptable for insurance company’s to adjust/base premiums based on age, risks, pre-existing conditions ect… so for many healthy Americans – their premiums are being raised to make up for those who are older and sick with preexisting conditions.
This act has also enforced that employers provide health insurance to any employee working full time, if not they will be fined. Many employers are in the process or have already begun reducing employee’s to part-time so they do not have to pay for their health insurance. This is creating problems for the economy because employees are now not making the amount of money they were and are still without insurance and are unable to purchase insurance because their income is now lower. The Affordable Care Act is also going to negatively affect the economy estimating this law to tax $1 trillion dollars over the next 10 years.

References
Basu, R. (08/21/2013). Forbes. Obamacare Is Really, Really Bad For You, Especially If You’re Young. Retrieved from http://www.forbes.com/sites/realspin/2013/08/21/obamacare-is-really-really-bad-for-you-especially-if-youre-young/

Brennan, P. (09/16/2013). National Review Online. Sorry, Mr. President, There Is ‘Serious Evidence’ Obamacare Is Bad for Economic Growth. Retrieved from http://www.nationalreview.com/corner/358614/sorry-mr-president-there-serious-evidence-obamacare-bad-economic-growth-patrick

Montopoli, B. (July 22 2009). CBS News. Obama: “Why Not Pay Half Price?”. Retrieved from http://www.cbsnews.com/news/obama-why-not-pay-half-price/

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