Is ObamaCare a fair price?

The Affordable Care Act, otherwise known as ObamaCare, was created to reform the United State’s health care system. This act was supposed to make health insurance more affordable for Americans. However, that does not seem to be the case lately.

Companies such as Forever 21 and UPS have had to make serious changes to their employees, like cutting back on their hours or dropping some health insurance benefits. What are the companies’ reasons for making these cuts? UPS blames ObamaCare, since it is increasing costs. Forever 21 denies that ObamaCare has anything to do with their cuts on hours to employees.

Let’s take a look at the situation a little more closely. The clothing company dropped its hours from 30 hours as a full-time employee to 29.5 hours. The minimum amount of hours that ObamaCare considers a full-time employee is 30 hours. Could the drop in Forever 21’s hours be a way of them not having to pay some health benefits to their employees? Or can they really just not afford to pay 30 more minutes? If companies have to resort to cutting hours for employees just to keep their businesses running, is the Affordable Care Act really, “affordable?”

Just recently, the Affordable Care Act increased taxes on anyone with an income of over $94,000 a year, making them have to pay 9.5 percent tax, which is a lot of money to be paying for taxes. Also, over the next decade, this act could cost over one trillion dollars. Overall, this seems to be a pretty expensive health care reform, especially for an act that is supposed to be affordable to most Americans.

Even though ObamaCare seems to be more expensive than thought, it includes more benefits and is available to more people. Young adults are able to stay on their parents insurance until the age of twenty-six. Insurance companies cannot discriminate against patients for former conditions. Low-income citizens will be able to acquire Medicaid.  These benefits are “pros” to the new health care reform. However, is this health care reform, the Affordable Care Act, a fair price to all Americans? That is the question that Americans need to ponder on before ObamaCare goes into complete effect in January 2014.

 

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