Question

Which behavioral economics concept is important for understanding why it is difficult to change the Affordable Care Act? Why?

Answer 1

Affordable Care Act (ACA) was passed by a Democratic Congress and signed into law by a Democratic president in 2010. Republican congressmen, governors, and Republican candidates have consistently opposed the ACA and have vowed to repeal it.

The Affordable Care Act (ACA), also known as Obamacare, was signed into law in 2010.

The act aimed to provide affordable health insurance coverage for all Americans. The ACA was also designed to protect consumers from insurance company tactics that might drive up patient costs or restrict care.

Millions of Americans have benefitted by receiving insurance coverage through the ACA. Many of these people were unemployed or had low-paying jobs. Some couldn’t work because of a disability or family obligations. Others couldn’t get decent health insurance because of a preexisting medical condition, such as a chronic disease.

The ACA has been highly controversial, despite the positive outcomes.

Conservatives objected to the tax increases and higher insurance premiums needed to pay for Obamacare. Some people in the healthcare industry are critical of the additional workload and costs placed on medical providers. They also think it may have negative effects on the quality of care.

As a result, there are frequent calls for the ACA to be repealed or overhauled.

Here’s a look at some of the pros and cons of Obamacare.

This act very helpful of us citizens so can't change this act