Business Finance
Grand Canyon University Obama Care and Affordable Health Care Discussion

Grand Canyon University

Question Description

Since Obamacare was instituted, it created more debt on the part of providers because they had to install EMR systems in their practices or be fined by the government. Many small businesses cut employees hours to under 30 hours because they couldn't afford to pay for health insurance therefore reducing the spendable cash of the consumer. Providers have increased their fees and have encouraged more testing in order to offset the cost of running their businesses. The requirements of CMS payments force them to make these changes and it becomes a vicious cycle. There are no free lunches! Pharma is having a ball with this new system. I know someone who was prescribed a jar of Lidocaine for muscle aches probably a 3 oz jar. The price to the insurance was $756.00. That's is outlandish. I can only see it getting worse, because of the government intervention of healthcare.

Final Answer



Discussion response
Student’s Name
Institutional Affiliation


Discussion Response
The democrat’s health care bill or rather the Obama care as popularly known was not so
pleasant to everyone. Doctors, patients, and even hospital owners have a lot of complaints
concerning this bill that came a...

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