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Pros And Cons Of The Affordable Care Act

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The Affordable Care Act is a law that affects the American people in economic ways. In this Act, health care providers have the ability to offer services to individuals that cut the price of medical expenses and also determine who can provide the health serve for the individuals. This affects a large group of the population, from children to adults. This paper seeks to examine how the Affordable Care Act affects college students, birth control, caps on coverage, insurances for all Americans and rising premiums.
College students and insurance plans
In the Affordable Care Act, people twenty-six years of age or younger are allowed to stay on their parent’s insurance plan, provided the parents’ plan have the coverage for a family plan. The ability to have coverage under a parents’ provider is not limited by financial independence or marital statues and can help those who are still in college by allowing them to have one less bill to pay while they are furthering their education. However, it is important to understand the limitations and drawbacks that some insurance plans have. The first drawback is that “some plans now charge an additional premium for family members added to the plan.” (Carrns, 2013) This decreases the affordability in the health insurance for the parents who are paying for the coverage. …show more content…

The Affordable Care Act requires that health insurance does not put a lifetime limit on a persons’ coverage. This requirement is for all health insurers even those that offer school- sponsored plans for college students. Before the Affordable Care Act, these school- sponsored plans “commonly limit[ed] benefits on a per condition per lifetime basis." (Burnsed, 2010) This change is important to many people because no one can plan when or if a costly illness falls on them and by getting rid of lifetime caps, the people who do fall victim to server medical conditions will not have worry about coming up with the money to pay for their

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