When President Obama initially presented the Affordable Healthcare Act, he could never have envisioned the current state of things. Although Obamacare is not exactly what the President intended, he still touts it as America’s best option for the future. For some people this is true, but for most Americans, the negatives currently outweigh the positives.
For starters, presenting and passing a healthcare law aimed at providing millions of uninsured Americans with healthcare coverage was a good…no…great endeavor. Unfortunately, like much of President Obama’s tenure as Commander and Chief, unexpected costs have appeared and now the White House is looking for ways to grapple with the current situation.
Today, Obamacare suffers from a multitude of issues. In the New York Times article, they point out 4 distinct problems the healthcare program is currently facing: 1) Choices are disappearing 2) Rising costs 3) The market is small and 4) The rules are overly complex.
Recent news supports all four problems as big name companies like UnitedHealth and Aetna have stopped offering coverage in multiple states, limiting consumer options. Also, not enough healthy people are signing up for coverage to balance the cost of insurance for those who need it. Another problem is that of America’s current loan problem with many young Americans being forced to choose between health insurance or loan payment. Lastly Obamacare rules which were meant to cover big losses for healthcare companies simply has not done so.
Obamacare was an ambitious attempt to overhaul and fix the broken healthcare system in America. Was the healthcare system in America great before Obamacare? No. Did the healthcare system need to change? Heck yea! Has the current solution worked? Absolutely not! But, it has set a precedent that changes can be made in the Healthcare system. This was a first step that was necessary in order to get America on the right path for cost effective healthcare. We may not like the growing pains, but I do think this first step will benefit us 20 – 30 years from now.