Healthcare reform policy and implementation

Healthcare Reform

Lowering costs in Health Care

Changes in the Health Care Act have sought to lower the costs of health care for Americans. Reports made available indicate that the only change that has seen the light of the day is the opposite of what we had expected. The changes have increased costs of care leading to increased complexities surrounding the already confused system. Collections of new pages about the regulation and higher taxes have led to enormous impacts on the small business community and American families. This has contributed significantly to the slow recovery of the stock market.

Major non-partisan tax and budget authorities have confirmed that the Health Care Act has been amended to impose a trillion of dollars on innocent public members. Small employers and families have demonstrated that they cannot afford this. Similarly, they have been unable to afford the increase in taxes contained in the Act. From these tax changes, fifty percent has affected business owners and families earning below $300,000 per year. It has broken the trust with the job creators' community besides violating the pledge of the ruling government to avoid tax hikes on middle and low-income earners. Creator of job opportunities is likely to bear the burden of these taxes, which the government has tactfully disguised as a fee. Most of the fee under the insurance industry will be legalized and pushed to consumers of insurance in the disguise of higher premiums. When this fee was eliminated, it led to a reduction in the average family premium per year. However, most unions have been avoiding the tax imposed on families and small businesses. Reports have estimated that the tax will increase the health care premiums of each American family by approximately $600 per day. This is a huge sum for the citizens working hard to earn their money.

Government documents have estimated that the changes in the health care Act have increased the level of paperwork for individuals per year. There are more changes in the offing, which reveal that these are mere low estimates. The mandate of the changes on the Law has further separated both the employee and the employer from their choices of health care. Some amendments have spelt out the requirements of the law that appropriate large employers should provide health care coverage according to the subscriptions of the government. This should be applied to all permanent employees or risk paying hefty penalties. Despite the fact the changes in the health care law have generated adverse impacts on families and small business owners, which have prompted multiple battles in the courts and congress, Americans have admitted the Act is here to stay. As much as people have accepted, it does not imply that they have resigned. For this reason, members of the business community have been on the forefront, challenging the most harmful changes to the provisions of the Act. The amendments have had practical impacts such as repealing the tax mandate of the employer, health insurance tax of small businesses and decreasing the burdens on individuals and businesses. The compliance cost for small business owners has risen by 36% higher than that of larger corporations. Similarly, the average U.S. citizen has already been overtaxed.

Since the passing of the Affordable Care Act, Americans have not enjoyed the benefits that come with it. While the country is characterized by a highly partisan political climate, the congress is full of voice of reason. These voices claim that the Act should be amended so that the pain can be reduced in the future. More policy makers have been encouraged to pull in their efforts. After years of the groundbreaking changes on the Care Act, one of the advantages associated with this law is that it supports a low rate of uninsured Americans. The law has enhanced the possibility of people accessing health care with improved costs and enhanced quality. Without the changes, the healthcare industry and most Americans argue that the rising costs would have unraveled the country's universal health care coverage. This is commendable because it might have resulted in a crushed national budget due to bankrupt businesses. In the next ten years, experts have projected that the law will save approximately $100 billion.