Con: The cost has not decreased for everyone
- Insurance companies provide more benefits to cover people with preexisting conditions and because of that the people who have health insurance, their premiums take a hike.
- People having to pay penalties for not being insured.
- The average individual market medical costs increased after implementation of ACA.
- People earning little more than 400% of the FPL, cost them much more and do not qualify for the subsidies offered by ACA insurance plans.
- References:
eHealth Insurance. (2019, November 13). Premiums Unaffordable for Many People in 2019 – eHealth Insurance. EHealth. https://www.ehealthinsurance.com/resources/affordable-care-act/obamacare-premiums-unaffordable-for-many-middle-income-people-in-2019
Blase, B. (2016, August 2). Overwhelming Evidence That Obamacare Caused Premiums To Increase Substantially. Forbes. com/sites/theapothecary/2016/07/28/overwhelming-evidence-that-obamacare-caused-premiums-to-increase-substantially/#14f3cb0615be”>https://www.forbes.com/sites/theapothecary/2016/07…
I have posted my outline above and the references. it is a team project where everybody has to record a 3-5 minutes of video explaining and providing information on our respective topic. My topic is a con of the ACA which is that the cost has not been decreased for everyone. For this one, I am going to need the slides prepared for my part and the 3-5 minutes of speech.
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