Health Care Law (Obamacare) Essay Example | Topics and Well Written Essays - 1250 words

Health Care Law (Obamacare) - evidence ExampleThis paper bequeath critically evaluate the imp locomote of the new health care integrity (Obamacare). It will recognize the advantages and disadvantages of the righteousness and its significance in nursing practice.The new health care law influences the amends market rules. It affects both the public and private health insurances. Individuals get private health insurance by buy directly or through the employer. The public health insurance consists of Medicare and Medic tending. The concept of grandfathering is utilised to imply that the existing insurance policies would not be affected by new market rules. The act removed lifetime caps in all plans this is inclusive of the grandfathered plans for all important health benefits stated in the law. The annual limits for group coverage and individual plans purchased after March, 2010 are prohibited starting 2014 (Marcovici, 2013).The health recover act restricts the percentage of incom e that should be paid in respect to health insurance. In addition, it gives subsidies to help with the buying of the health insurance. Moreover, it gives cost-sharing help to restrict the out-of-pocket expenditures. The increased premium and choice help ensures that coverage is affordable and available to medium income Americans. The un control population of New York is expected to qualify in premium aid and constitute eighty seven percent (Gokhale, Erickson & Lawrence, 2011).The Obamacare gives Americans a chance to seek medical care early on and have access to the physician consultation. This would ensure that the diseases are identified early enough and are shabby to treat. This will cut down the cost incurred in treatment diseases. When more people are insured then, the cost of health insurance premium is reduced because the risks and costs are spread in a large population. In regard to employment, the health reform will ensure that the workforce is healthy that will result t o fewer hours lost in absence and hence more productivity.