AffordableCare Act

TheAffordable Care Act was signed into law in 2010 by President Obama.The new legislation was sponsored by ObamaCare in an attempt to makethe healthcare system and services affordable to most citizens. Themain reasons for the introduction were to increase the access tohealth care services, improve the quality of the services and at anaffordable price.

Beforethe enactment of the legislation, services such as preventivescreenings and routine check-ups were not easily affordable. Theywere considered to be “luxury” due to the cost incurred inacquiring such services. As at 31stMarch 2015, a total of 10.2 million Americans had paid for theirinsurance premiums [ CITATION Jam141 l 1033 ].

TheAffordable Care Act was also importance in improving the quality ofthe services. The act proposed ways in which the Precision Medicinecould be advanced using new initiatives so as to benefit a highernumber of people than before. There was an improvement in thepatients’ safety and an increase in the number of people withhealth insurances.

TheAffordable Care Act has also led to a decline in the healthcarecosts. In 2013, for example, Medicare paid $316 billion less than2012. In 2014, the employer-family based average premium increased byonly 3%. A study conducted by Commonwealth Fund Study in 2014indicated that only a few Americans had challenges in paying for themedical bills, compared to 20005 when a high percentage of theAmericans couldn’t afford to settle their medical debts.

Theenactment of the Affordable Care Act increased the number ofinsurers. The 2015 Open Enrollment led to an increase in the numberof insurers by 25%. The high number of insurers has resulted to anincrease in competition in the industry resulting to a reduction inthe premium. The number of health plans a consumer would choose fromincreased from 30 in 2014 to 40 in 2015 [ CITATION Jam141 l 1033 ].


Powers, J. S. (2014). Healthcare Changes and the Affordable Care Act: A Physician Call to Action. Berlin New York: Springer.