Obama Care Pros and Cons Research

The Patient Protection and Affordable Care Act, also known as ObamaCare refers to one of the most significant pieces of legislation regarding healthcare in the United States (Rosenbaum, 2011). Among many other things, the law, enacted in 2010, was primarily aimed at reducing the general cost of health care and increasing the coverage of affordable healthcare to common American citizens. The Affordable Care Act (ACA), as it is also known was to realize these goals through two key provisions stipulated in the law. The first of these provisions was the Individual mandate which stipulated that every person who is not insured by the employer, is not under Medicaid or Medicare, and does not have any other insurance policy ought to pay a penalty to the government as a shared responsibility payment collected together with the individual’s taxes (Aggarwal & Rowe, 2011). This provision was meant to discourage the trend of people waiting until they got sick to purchase an insurance policy. Consequently, every citizen not covered by the government program would have to buy a policy from a private company hence curtailing the hike in prices enacted by private businesses when the same individuals wait until they are sick before they purchase a policy. Obama Care Pros and Cons Research