Description
Write a comprehensive analysis of President Obama's Health Care Bill and it's impact on:
1. The Economy
2. Health Insurance
3. The Health Insurance Industry
4. Wall Street
5. The U.S. population in general
6. ....YOU!!
Requirements: 5-10 pages minimum, typed, double spaced.
Explanation & Answer
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Attached.
Obama Health care Bill
1
Obama Health Care Bill
Student’s name
Institution’s name
Obama Health care Bill
2
The healthcare system problems that have been affecting the US people are expected to be fully
addressed by President Obama's health care bill reforms. The system of the healthcare system in
the United States was very unfair, uncertain, and unaffordable. The Obama bill is expected to
reform the whole system and provide affordable health care that will curb the insurance cost,
ensure that the health care offered is quality and also oversee the expansion of consumer rights
and protections.
Impact on the economy
According to research, the implementation of the bill benefited many people as it increased the
access to medical, ensured that the health services improved and financial security for families
enhanced.
The bill has enabled people to live long because the health care is more accessible and
affordable. This shall see an increase in the productivity of workers as they will be health hence
can spend more years in the workforce and will miss the job on very few days. It can also
increase the production of workers while on work. The insurance coverage has also provided
long-term labor outcomes benefits.
The health care bill has also improved on the economic efficient by reducing the job lock.
According to research, the young adult’s effects expansion coverage is substantial on the long
term benefits for earnings of workers.
The pressing needs of families can now be met easily because of the reduction in their out of
pocket medical costs. This has accelerated the recovery of the g...
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