Saturday, June 13, 2015

ObamaCare: A Neutral Point of View

Amidst all the controversy of whether the Patient Protection and Affordable Care Act has worked or not worked, here is a neutral point of view as presented by Wikipedia.

Neutral Point of View

Here is a neutral point of view of ObamaCare, as presented by Wikipedia.

“The Patient Protection and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA) or colloquially "ObamaCare", is a United States federal statute signed into law by President Barack Obama on March 23, 2010. Together with the Health Care and Education Reconciliation Act amendment, it represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965.”

“The ACA was enacted to increase the quality and affordability of health insurance, lower the uninsured rate by expanding public and private insurance coverage, and reduce the costs of healthcare for individuals and the government. It introduced mechanisms like mandates, subsidies, and insurance exchanges. The law requires insurance companies to cover all applicants within new minimum standards and offer the same rates regardless of pre-existing conditions or sex. In 2011 the Congressional Budget Office projected that the ACA would lower both future deficits and Medicare spending.”

“On June 28, 2012, the United States Supreme Court upheld the constitutionality of the ACA's individual mandate as an exercise of Congress's taxing power in the case National Federation of Independent Business v. Sebelius. However, the Court held that states cannot be forced to participate in the ACA's Medicaid expansion under penalty of losing their current Medicaid funding. Since the ruling, the law and its implementation have continued to face challenges in Congress and federal courts, and from some state governments, conservative advocacy groups, labor unions, and small business organizations.”

“In March 2015, the Centers for Disease Control and Prevention reported that the average number of uninsured during the period from January to September 2014 was 11.4 million fewer than the average in 2010. In April 2015, Gallup reported that the percentage of adults who were uninsured dropped from 18% in the third quarter of 2013 to 11.9% in the first quarter of 2015.”

This summary may help you sort out the facts and fantasies surrounding ObamaCare. If you are interested in the facts and fantasies as interpreted by the President in his own words, and by one of his adversaries, Stephen Moore of the Wall Street Journal and the Heritage Foundation, you may want to read "the Fallacy That ObamaCare Is Working, Forbes, June 12, 2015.

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