Question

In: Accounting

What is the average split over the last 5 between the approval rating for the ACA...

What is the average split over the last 5 between the approval rating for the ACA and the disapproval rating for the ACA?

What factors do you believe contributes to this dichotomy of opinion?

at least 400 words

Solutions

Expert Solution

Year Approval Disapproval
2017 50% 44%
2016 55% 41%
2015 44% 52%
2014 37% 56%
2013 38% 54%

Affordable Care Act aka Obamacare has been a talk of the town in political arena ever since its idea was placed in 2009 by than president Mr. Obama. There have been number of complelling reasons with Republicans to oppose the law like

  • It will reduce the healthcare spending and sluggish the health industry
  • It will lead to losses in jobs
  • It will add pressure on government treasury
  • Provisions regarding employers have to provide health insurance were unfavorable and many more.

Owing to many other reasons besides there, Supreme Court in 2012 declared the law as unconstitutional. As evident from the figures above, the law also had very poor approval ratings in its initial years.  

However, the law is gaining popularity among masses and following can be the possible reasons for the same:

- Republicans suggested to roll back provisions the require insurance companies to cover maternity care or prescription drugs. Polls suggest that 62% want not to remove these provisions

- Mass leaders are arguing that new administration should try to cover the loopholes by amending it instead of repealing it and introducing a new law.

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