Reference no: EM131234589

The Affordable Care act (also known as Obama Care) is two pieces of legislation that were pass by congress on March 21, 2010 and then signed into law by president Barack Obama two days later on March 23, 2010. The Affordable Care was passed with the intended goal of improve the quality and affordability of healthcare, while also expanding health insurance coverage. This being stated, this law opened a new era in health care reform in the United States, which presents both positive and negative affects. For instance, Obama Care opened the door for millions of uninsured individuals to get health insurance, but in order to so, they must acquire the money needed to insure these people, by implemented new taxes on the wealthy and the healthcare industry. Also, Obama Care expands Medicaid coverage, but Medicaid is expanded using both federal and state funding, and every states does not have to expand Medicaid, which leaves “leave 5.7 million of our nations’ poorest people without coverage options” (ObamaCare: Pros and Cons of Obamacare) in the states that have chosen not to expand Medicaid. In addition to that, Obama Care mandates that employers with more than 50 full-time employees must provide health insurance. However, because of this mandate some businesses have cut employee hours.