Friday, August 23, 2019

What is national healthcare, and how does Obamacare differ from that Essay

What is national healthcare, and how does Obamacare differ from that definition - Essay Example On the other hand, Obamacare is the unofficial name given to a United States federal statute called The  Patient Protection and Affordable Care Act  (PPACA or Affordable Care Act (ACA) that was enacted at the encouragement of Obama administration and consequently signed into law on March 23, 20102. Obamacare healthcare reform particularly seeks to enhance the quality, affordability and availability of both public and private insurance through its provisions some of which include subsidies, new regulations, taxes and mandates among others. The differences between the National healthcare and Obamacare are mostly related to their funding/ financing system. For example, the national healthcare is based on single payer healthcare system while Obamacare offers a universal healthcare system. A single payer healthcare system refers to healthcare program in which everyone pays into a single fund controlled by an agency and the fund is then used to pay all the medical services, though delivery of the care may be private. The National healthcare would expand the Medicare program to ensure all US citizens are provided with tax funded healthcare. At the same time the act prohibits any institution from taking part in the healthcare system unless it is nonprofit or public institution and instead seeks to expand the existing Medicare program thereby ending the need for private health insurance or premiums. Finally, under this system, the private insurers would be prohibited from selling any health care insurance coverage that duplicates the benefits offered by the National Healthcare Act. Although there are currently many healthcare organizations in the United States, a single payer system would only bill one entity for their services and this may save on the administrative costs and time wastage. However, opponents of the national care have argued that it is an expensive medical insurance cover compared to

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