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An Overview of Obamacare

  • Submitted by: dunkindonuts64
  • on March 26, 2014
  • Category: Miscellaneous
  • Length: 507 words

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Below is a free excerpt of "An Overview of Obamacare" from Anti Essays, your source for free research papers, essays, and term paper examples.

The Patient Protection and Affordable Care Act was signed on March 23, 2010 by President Barack Obama. This law has adopted the name “Obamacare” by the media and citizens of America. A benefit of Obamacare is that it was designed to reduce the cost of healthcare for the 30+ million who can’t afford to get health insurance. These people use the hospital emergency room as their primary care and that increases costs for everyone. A disadvantage of Obamacare is that people who do not buy health insurance or qualify for Medicaid by 2014 will need to pay a penalty of $95 in 2014, $325 in 2015, and $695 in 2016. About four million people will not buy insurance and pay the penalty. Taxes will also be increasing for certain individuals who earn more than $250,000 a year. Over the next ten years, the cost for Obamacare will be about $940 billion, that is if Mitt Romney is elected for president and decides to get rid of Obamacare. All of this will be payed for by a payroll tax, a tax on the insurance companies, and a tax on employers who do not “supply their workers with appropriate health care as defined under the Health Care for America Bill.”
The Obamacare Bill was passed by Congress (both the Senate and House of Representatives), and it was signed by President Obama. Two-thirds of Congress upheld the law, but because citizens of America did not agree with it, the challenged the law and therefore went to the Supreme Court under judicial review. The Supreme Court had to verify the constitutionality of the law so that the government was going over its limits. This is the system of checks and balances. Anyways, the Supreme Court decided with a five to four vote that the law was constitutional. But the decision wasn’t simple, it was elaborate. The Supreme Court ruled that under the Commerce Clause, you are not allowed to be forced to buy a product that you do not wish to purchase. Activist judges redefined Obamacare trying to justify it. They ruled it constitutional and the...

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"An Overview of Obamacare". Anti Essays. 12 Dec. 2018


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An Overview of Obamacare. Anti Essays. Retrieved December 12, 2018, from the World Wide Web: http://parimatchstavki7.com/free-essays/An-Overview-Of-Obamacare-599971.html