WHAT IT IS
- Also known as “Obamacare”, the Affordable Care Act (ACA) is a definitive part of Obama’s legacy.
- ACA is a health insurance initiative with a goal to bring affordable health insurance to all Americans.
- ACA mandates that every American has to be covered by law.
WHY IT MATTERS
Healthcare is one of the major social systems that nations around the globe spend money on. The Affordable Care Act attempted to change the US healthcare system for the better. It addressed two major issues: the millions (44 million in 2008) of people without coverage, and the high costs that American families pay in exchange for medical care. The ACA took a step to try and reconstruct the healthcare system that, prior to, favored those in the upper tiers of society. Healthcare is arguably the only service that people will eventually have to use (aside from maybe education). When uninsured patients visit the emergency room, it places a financial burden on nonprofit hospitals.
WHERE WE ARE NOW
- President Trump and Republican legislators have vowed to repeal and replace Obamacare.
- New polls say that support for Obamacare is at an all time high.
SOMETHING TO THINK ABOUT
- The US has by far the highest military budget, so it is hard to mimic healthcare systems that many Scandinavian countries have.
- Some Americans get the best medical coverage in the world, while some get none at all.
- Healthcare costs in the United States are amongst the highest in the world (over $10,000 per person).