the government and how it effects us

Topics: Health economics, Health care, Tax Pages: 2 (465 words) Published: October 21, 2013

On March 23, 2010 you signed into law the affordable health care act also commonly known as Obama Care. Health Care act is a national health care plan aimed at reforming the American health care system. The main focus is on providing more Americans with access to affordable health care, improving the quality of health care. This trillion dollar takeover of health care will just make things worse for us Americans. This plan will add hundreds of billions of dollars to the deficit. It would also mean new taxes and a huge backdoor premium that will make health care costs even higher, not lower. Businesses and taxpayers will be stuck paying for a government run plan through higher taxes, these costs we cannot afford at this time when our economy is facing real challenges.

When hearing about the Affordable Care Act (Obama Care), the first question that comes to mind is, "how will Obama Care affect me, my family, and my business?" The answer, of course, depends on a number of factors including income and whether or not you currently have health insurance. At first I never noticed how bad the affordable health care act was affecting us until my government teacher explained it to me. I never realized how expensive the affordable health care act was. From the growth in personal debt and bankruptcy, to the ever-increasing costs of health care, to the ever-growing profits of the health care corporations, the US health care system is spiraling out of control. This year the American people will spend approximately 2.8 trillion dollars on health care, and it is being projected that Americans will spend 4.5 trillion dollars on health care in 2019. Imagine how high it will be in about 20 years if this continues. The price needs to decrease not increase. The average family of 4 spends about $20,728 per year on healthcare. That’s more than 7 times what the average household spends annually on gas ($2,912).

Sure Health care is very important but that is a lot of money...
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