ADVOCATING CURRENT HEALTHCARE ISSUE 1
Advocating CurrentHealthcare Issues
Over the recent past, there has been a heated debate on what willhappen in case a Republican President wins the 2016 elections. Thedebate revolves around whether or not to repeal the Affordable CareAct, commonly known as the ObamaCare. Republicans maintain that theObamaCare has increased the healthcare cost and negatively impactedthe middle-class. The Republicans, in an effort to reduce thedeficit, are looking forward to repealing the ObamaCare if they endup winning the 2016 elections. On this issue, I maintain thatrepealing the Act will increase the deficit instead of reducing it inaddition to creating millions of uninsured Americans
The Republicans maintain that the ObamaCare should be repealed toreduce the deficit. According to this group, the ObamaCare hasdisrupted the health insurance market for people who purchasecoverage on their own. For instance, in 32 states, there were sevenmillion health insurance cancellations in 2013 (Senger, 2015). TheAct has also reduced the number of Americans with employer-sponsoredcoverage. The Congressional Budget Office estimated that by the endof 2023, nine million U.S citizens will lose their employer-sponsoredcoverage (Senger, 2015).
The critics of the ObamaCare also maintain that the Act raises thecost of healthcare coverage. For instance, there has been an increaseof approximately $3, 459 in family premiums for Americans withemployer-sponsored coverage (Senger, 2015). Also, the critics arguethat the Obamacare imposes 18 different tax increases, penalties, andfees. They include the federal health insurer tax, penalties onhealth saving accounts, and the medical devices tax. The governmenthopes its revenue would increase by $770 billion from the ObamaCarepenalties and taxes. However, these taxes have negative implicationson the middle-class Americans (Senger, 2015).
Contrary to the position held by the Republicans, the ObamaCaredecreases the deficit. A 2015 report by the Congressional BudgetOffice highlights that the deficit will increase by $ 137 billionover the next ten years if the Obamacare is repealed (CongressionalBudget Office, 2015). The Republicans argue that the ObamaCare hasdisrupted the health insurance sector, hence it needs to be repealed.However, the chaos that would hit the healthcare system following therepealing of the Act is largely unimaginable. For example, accordingto Buettgens et al., (2016), about 9.4 million Americans that wouldhave gained from tax credits offered by private health coverage willbe exempted from these benefits.
Besides, the State expenditure will increase by 68.5 billion between2014 and 2026 as the decrease in Medicaid spending will be offset bythe increase in uncompensated care (Buettgens et al., 2016). Whatthe critics of the ObamaCare do not know is that the bulk of the Actconcentrates on reducing healthcare spending. As such, if the Act isrepealed medical enrollments will drop. According to Buettgens etal., (2016), the gains realized in terms of higher healthcarecoverage following the implementation of the Obama Care is as aresult of the new enrollments, particularly in the Medicaid program.Buettgens et al., (2016) estimate that 52.6 million nonelderlypersons enrolled in Medicaid in 2013. However, if the ObamaCare isrepealed, the enrollment for Medicaid will decrease by 14.5 millionpeople (Buettgens et al., 2016). One of the effects of repealing theAct is that by 2024, 24 million Americans would be uninsured(Buettgens et al., 2016). To cater for this group, the governmentwill have to incur an expenditure of more than $257.3 billion over aperiod of 10 years (Buettgens et al., 2016). This expenditure willbe realized in case the government decides to finance theuncompensated care at the pre-ObamaCare levels (Buettgens et al.,2016).
In conclusion, the Republicans maintain that the ObamaCare increasesthe deficit in addition to negatively impacting the middle-class as aresult of the many penalties and fines the law imposes. On the otherhand, the repealing of the Affordable Care Act will result in 24million uninsured Americans, and the government will be forced tofinance their healthcare expenditures. Besides, the ObamaCare reducesthe cost of healthcare coverage as opposed to what the Republicanswant the people to believe. Instead of seeking to repeal theAffordable Care Act, the Republicans should rally more people toenroll in the Medicaid program. This will increase the amount thegovernment collects from the various taxes, penalties, and finesunder the ObamaCare. Besides, if the country does not incur thehealthcare cost of its poor population, who will?
Buettgens, M., Blumberg, L., Harahan, J. & Ndwandwe, S. (2016).“The Cost of ACA repeal.” Accessed on November 9, 2016.http://www.urban.org/sites/default/files/alfresco/publication-pdfs/2000806-The-Cost-of-the-ACA-Repeal.pdf
Congressional Budget Office. (2015).” Budgetary and economiceffects of repealing Affordable Act.” Accessed on November 9, 2016.http://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/50252-Effects_of_ACA_Repeal.pdf
Senger, A. (2015). “5 reasons to repeal the entirety of Obamacarein 2015.” Accessed on November 9, 2016.http://dailysignal.com/2015/01/07/5-reasons-repeal-entirety-obamacare-2015/