The PPACA is often characterized as a move toward socialism with a “government takeover” of health care. The act requires that most citizens and legal residents have health insurance, but this insurance could be from private companies, employers, Medicaid, Medicare, or from state-based insurance exchanges (Werhane, & Tieman, 2011). Persons who would be paying greater than 8% of their household incomes for health insurance would be able to obtain subsidized premiums through the insurance exchanges. The act does not call for government control of the health system. Instead, it attempts to improve both access and efficiency through a set of mandates to be carried out by states, insurers, and private health care providers.
The PPACA is often characterized as a move toward socialism with a “government takeover” of health care. The act requires that most citizens and legal residents have health insurance, but this insurance could be from private companies, employers, Medicaid, Medicare, or from state-based insurance exchanges (Werhane, & Tieman, 2011). Persons who would be paying greater than 8% of their household incomes for health insurance would be able to obtain subsidized premiums through the insurance exchanges. The act does not call for government control of the health system. Instead, it attempts to improve both access and efficiency through a set of mandates to be carried out by states, insurers, and private health care providers.
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