Question

In: Economics

Explain the positive and negatives of the health care system in the U.S.

Explain the positive and negatives of the health care system in the U.S.

Solutions

Expert Solution

Pros:

--Repeals individual mandate, thus helping all of the people according to class level

--Providing the democrats the chance to expand their government.

--Targets to reduce federal deficit in the long run

--No payment fee required for those who do not have insurance

--Permitting insurance services to provide insurance across state lines by decreasing the plans’ costs

--No discrimination against individuals with pre-existing conditions

Cons:

-- Does not include universal coverage, thus the people who do not get covered by insurance will increase as time goes on.

--The replacement healthcare plan would be more costly to poor and older people

--The proposal introduced by Republicans would allow insurance companies to charge higher premium from older adults five times what they charge the young

--Age-based credit will replace tax credit, and as a result there will no longer be medical expansion and pocket assistance

--Limiting federal funds for supporting the Medicaid expansion decreases the federal deficit; however it happens at the expense of people’s ability to access much-required health care

--Cutting funds for Planned Parenthood will occurs at the expense of people’s health


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