Influential Article Review - Successful advances in the Affordable Care Act
Keywords:
Obamacare, Health Insurance, Tax subsidies, Uninsured AmericansAbstract
This paper examines healthcare. We present insights from a highly influential paper. Here are the highlights from this paper: The purpose of this article is to describe the innovative strategies that were used to develop the first National health insurance program in the United States. The first innovative provisions was the development of a fund to expand health coverage under the State Medicaid programs to expand coverage through most Medicaid State Health Plans. The establishment of a new innovative structure of premium subsidies to expand private health insurance for many uninsured Americans, to purchase a Subsidize health plan was the second innovative approach, to finance health insurance to those that were previously uninsured. Unlike most Western nations that finance health insurance through a national tax or income tax, the American innovative approach relies on providing government subsidies for individuals to purchase private health insurance plans and/or expand coverage under the existing Medicaid program. This innovative strategy has been very successful to greatly reduce the number of uninsured Americans to be at the lowest since records have been maintained on this topic. However, this program has been successful to lower the number of uninsured Americans, many have opposed this innovativeu strategy as it relies too much on government subsidies to reduce the number of uninsured. Now efforts are under way to repeal and replace the innovative strategies that have increased the number of insured in the United States. For our overseas readers, we then present the insights from this paper in Spanish, French, Portuguese, and German.
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