Here is the synopsis of our sample research paper on Impact Of Patient Protection And Affordable Care Act. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 5 page paper that discusses three issues: how it will be funded; what influenced passing the Act; and the economic impact of the Act. Bibliography lists 6 sources.
Page Count:
5 pages (~225 words per page)
File: ME12_PG694055.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
provisions will come into effect over the next few years. Laws always have a written set of regulations that may take a few years to write and enact. This
was a controversial Act prior to its passing and it remains so today. In fact, several states have filed lawsuits alleging the law is unconstitutional. One of the main issues
with this Act is how it will be funded. The Congressional Budget Office estimates the Patient Protection and Affordable Care Act will cost $940 billion over the next ten years
(Douglas & Burke, 2010). But, the same office estimates that over the next ten years, the federal deficit will be reduced by $1.2 trillion (Douglas & Burke, 2010). Funding will
be obtained through taxes, fees, and penalties levied against individuals, businesses, the health care industry and the pharmaceutical industry (Douglas & Burke, 2010). There are numerous taxes included in this
Act (Kaiser Family Foundation, 2011). For instance, the threshold for unreimbursed health care expenses will be increased from 7.5 percent to 10 percent of adjusted gross income in 2013. Workers
now pay 0.9 percent of their wages towards Medicare Part A, this will increase to between 1.45 percent and 2.35 percent, depending on income (Douglas & Burke, 2010; Kaiser Family
Foundation, 2011). Medicare taxes on net investment income will also increase from 0.9 percent to 2.9 percent to 3.8 percent, depending on that amount of the net investment income (Douglas
& Burke, 2010). Individuals who do not have a legitimate health care insurance policy will be fined $695 per year beginning in 2014. New annual fees will be levied against
the pharmaceutical manufacturing sector; fees range from $2.8 billion to $4.1 billion between 2012 and 2019 (Kaiser Family Foundation, 2011). Annual fees will be imposed on the health insurance sector
...