Obama’s Health Care Reform

Topics: Health care, Health insurance, Insurance Pages: 4 (1326 words) Published: March 26, 2013
Obama’s Health Care Reform

Building the universal health care system is one of the campaign promises of the Obama administration. Health care occupies a special place on public finance; it’s different with other goods markets in the daily life. It’s one of the important issues for the government, which associated with people’s life and death. People have high quality health care is a right of all people and should provide as a public service. People got their health insurance from the working companies, the government, or the insurance companies. The health care reform is the large part in Barack Obama’s presidency. On March.23rd, 2010, finally the Patient Protection and Affordable Care Act became law. Obama wants to use health care reform to stimulates the economy in the short run, but also reduce the deficit problem in the long run. This health care reform is the most important transition for the US. As we known US is the only developed countries which doesn’t have universal health coverage, it has more than 40 millions who don’t have health care insurance, also some family can’t afford the high health insurance cost. Also the public funds for the health care are also high; the US has the high cost health care but inefficient operation system. Now the aging problem become more serious, it has more retirees, the elders need more health care, and this increases the pressure of the health care insurance, increase the cost of the health care; also some technique widely used caused the expenditure increase...The Obama’s health care plan quickly increase the number of people who have health care insurance by spending money upfront. The Act includes the health insurance providers are mandated to accept person, charging them the same rate as individuals without conditions; extend the coverage, provides more subsidies to the poor people to get the insurance, provide affordable health coverage for all Americans, no matter that are rich or poor; people have choice to...
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