Affordable Care Act in United States Research Paper

Affordable C ar puzzle out in fall in States - look for Paper ExampleThis paper illustrates that the main idea of health care is to improve and reform health care which is of great concern to individuals. Despite how much unmatchable is earning in America, there is the need for one to set aside a particular budget that can be used when one is in poor health and so the aim of Affordable Care Act. Insurance coverage in the companies are of benefit to individuals who work in the factories and other(a) companies since in case of an accident or any other issue related to one health, then the indemnification partners can intervene and medical expenses are cover by the damages company or the use of Affordable Care Act. The Affordable Care Act was signed into a law by President Obama in 2010 in United States federal statute(predicate) where the government had to work along with health care and education reconciliation act to represent the United States interest in health care issue s. The aim of Affordable Care Act is to increases the quality and affordability of health care making sure that those who do not have insurance coverage can get admission price to health insurance and thus expand public and private insurance coverage for the United States residents. The indemnity aims at lowering the cost of healthcare for individuals and the government as a whole where the government exit have the mandate to make sure that all the residents in the United States will have the insurance coverage, subsidies will be available and insurance exchanges that are meant to increase the insurance coverage at low-priced rates. The policy requires all the insurance companies to make sure that all residents are covered with minimum standards unheeding of preexisting conditions or sex. The policy requires an individual to be covered by insurance from the employer-sponsored health cast and this means that one will have two insurance coverage. Failure to pay an approved insu rance policy will mean that an individual will pay a penalty of 1% on income tax and thus the residents must comply with the Affordable Care Act. The policy aim is to get more(prenominal) than 30 million people who are going to be enrolled in the Affordable Care Act. The policy also requires low-income earners and those families with incomes between 100% to 400% federal poverty level will be considered and thus they are going to receive federal subsidies and only if the mode of purchase is through an exchange.