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The Pros And Cons Of The Affordable Care Act

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The Pros And Cons Of The Affordable Care Act
The Obama care Health Insurance is one of the most controversial, and horrific idea for the United States economy. The Affordable Care Act, implemented by former President Barack Obama, has put millions of people in debt and millions people in the United States are at risk of bankruptcy. The government forces people to have health insurance even if they do not want it. Young adults are also forced to heave health insurance, even though they might not need it because of their healthy lifestyle. Some people cannot afford the costs of health insurance but they must have it according to the Act. The government will tax those who do not have health insurance because of the Affordable Care Act. The Affordable Care Act forced a multitude of big and …show more content…
Many people agree with The Affordable Care act but the Cons outweigh the Pros. The individual mandate is a penalty fine or fee. The government will tax those who do not have health insurance because of the Affordable Care Act. “The Individual Mandate says all Americans who can afford health insurance have to obtain health coverage, get an exemption, or pay a fee. That creates an extra complication with regards to filing taxes. Some folks who just barely miss the Federal Poverty Level limit of 400% are hit the hardest, as they do not qualify for assistance. Those who do get cost assistance need to adjust tax credits on the 8962 – Premium Tax Credit form.” (ObamaCarefacts). If you do not earn enough money to pay for the health insurance that they need, they will help you receive cost assistance so that you can pay for it. Then they will adjust your taxes so you will have to pay taxes aside from paying for health insurance, which costs more of your hard-earned money. The Affordable Care Act forces people to pay, even though they do not earn enough money to pay to pay for health insurance, they tax those without health insurance, and they tax those that cannot pay for it because they help the people who cannot afford with cost …show more content…
“Obamacare has been a great thing for many lower-income individuals, but for the middle-class individual or family that makes just beyond 400% FPL (the subsidy cutoff), Obamacare has potentially been more of a hindrance than help. The average silver plan across the country runs $307 per month, and that doesn’t include what could be a $2,000, or higher, annual out-of-pocket deductible on top of that if you do need medical care. Even if some individuals can afford the health premiums, the actual cost of getting care and paying the deductibles could be too high for some consumers.” (Sean Williams). This plan thousands of people in debt because of the overpriced deductibles and monthly payments. The middle class is in constant struggle to pay all the
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