Obamacare, Put Simply

Since the beginning of the recently concluded Presidential Race, Republican candidate, and now President, Donald Trump has been insistent on the fact that the Affordable Care Act, dubbed Obamacare, should be repealed and replaced. Following his inauguration on Friday, and his first Executive Order having the aim of ‘minimising the economic burden’ of the Act, the issue of Obamacare is a hot topic currently. In this article, we will examine the reasons behind Trump’s (and the Republican Party’s) view, whilst also looking at the reasons surrounding its implementation in the first place and the advantages it brings.

Advantages Obamacare brings

  • Due to the implementation of the Act, Tens of millions of uninsured Americans now have access to affordable, high-quality health insurance as a result of the expansion to Medicaid which Obamacare has brought alongside other factors. This directly tackles the vast inequalities in healthcare which have plagued America in modern history.
  • The many protections which Obamacare brings ensures that insurance companies no longer have the power to drop you from your coverage if you become sick or make honest mistakes on your application forms. The system also prevents patients being charged more for being sick, whilst women can’t be charged more simply because they are a woman.
  • Under Obamacare, preventative care is free and therefore the introduction of this act has allowed the prevention of several diseases across US society as a whole.
  • Children up to the age of 26 can now be added to their parent’s Insurance plans in the period in which they cannot afford their own care. Even those with pre-existing conditions have to be covered by insurance companies as the Act bans insurance companies from denying them protection.

Disadvantages of Obamacare – Why the Republicans want to Repeal It

  • In order to fund the Insurance of the extra tens of millions of citizens, new taxes have been implemented, mainly on the high earners in society and the healthcare industry itself. This has caused friction in society and anger from those being taxed more. With the Republicans taking a lot of their support base from the wealthy elite inside the US, showing the desire to repeal such an act has been positive among their support.
  • The policy that under Obamacare, the insurance companies have to cover the sick, in turn, increases the cost of everyone’s insurance plan. This combined with the fact that under the system, all of those who can afford healthcare need to obtain coverage, means that many American’s are being left out of pocket through the Act, and this has led many, including Donald Trump to claim the system is failing and is too expensive.
  • Despite young people, generally being healthier and in less need of health care compared to their older American counterparts, the low premiums and benefits of having a plan for them means that they receive some of the best deals out of everybody.

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