The Affordable Care Act and Economic Objectives

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Table of Contents

Introduction
How the Affordable Care Act Aligns with the Four Economic Objectives
Approaches to Improve Balance Between Patient Care and Financials
Conclusion
References

Introduction

The health sector is essential in every country, and governments should ensure that individuals can access quality patient care with ease. America is one of the countries that have primarily focused on developing healthcare facilities. For instance, the introduction of Obamacare was designed to guarantee that people can access healthcare services in the community. The Affordable Care Act was also implemented to enable all people to have easy access to hospitals and receive quality services. Although various aspects can be analyzed regarding the Affordable Care Act, one can focus on whether it aligns with the four economic objectives. Additionally, individuals can determine the approaches they would keep or do differently to better balance patient care and financials.

How the Affordable Care Act Aligns with the Four Economic Objectives

One of the economic objectives is equality, whereby all people are given equal opportunities in the community. Thus, the Affordable Care Act is crucial as it aligns with this aim. The policy guarantees that all people can access healthcare services irrespective of their race, originality, and ethnicity. For instance, many people have faced racial-based discrimination in health facilities. Additionally, some patients have claimed that they have received poor services in various hospitals. Consequently, the Affordable Care Act plays a significant role in ensuring that such issues are curbed, and equality is achieved.

Price stability is another essential economic objective that can be considered when focusing on the Affordable Care Act. Many people do not have adequate money to buy medications and pay for their healthcare services (Amadeo, 2021). Moreover, some medical treatments are expensive, and not many patients can afford them. Consequently, the introduction of Obamacare has enabled people to improve their health as it slows the rise of healthcare costs (Amadeo, 2021). Many individuals have received their health insurance, and preventive care has also been made accessible. Therefore, people can receive treatment before their illnesses worsen and prevent the need for expensive emergency room services.

A high but sustainable rate of economic growth is a financial objective that can be achieved if the community is healthy. Thus, the Affordable Care Act can be aligned with this aim since it focuses on improving individuals’ health. Typically, when people are healthy, they largely contribute to activities that lead to economic growth. Moreover, individuals can work in different organizations and sectors, leading to their development and limiting society’s financial crises. Thus, many people can access quality healthcare and become active community members due to the Affordable Care Act.

Full employment is an economic objective that helps the government focus on creating more job opportunities. This aim can be linked to healthcare as to be productive in their work fields, people have to be healthy. Therefore, the Affordable Care Act is aligned with this objective as it helps individuals improve their health and seek various job opportunities. Full employment is also a vital factor that leads to the development of communities. Consequently, the Affordable Care Act is essential since it has led to improved health, enabling people to seek job opportunities in various organizations and contribute to the country’s development.

Approaches to Improve Balance Between Patient Care and Financials

Insuring people is an effective approach I would keep since it helps patients access healthcare services easily. People who are not insured have experienced challenges when seeking medical assistance. Moreover, some people lack funds to obtain their insurances (Courtemanche et al., 2018). Thus, guaranteeing that people can acquire the insurances with ease is an essential strategy that can significantly improve many people’s health. Limiting discrimination in the healthcare sector is another primary approach I would use to ensure that all people acquire quality medical care. In some cases, groups of people are discriminated against when seeking healthcare services. For instance, people with disabilities have experienced challenges in hospitals, whereby some healthcare practitioners have failed to treat them.

Racial-based discrimination is also experienced in healthcare facilities, and many black Americans have argued that they have been discriminated against in medical settings. Thus, policies to curb such issues can be introduced to ensure that all people obtain quality patient care irrespective of their race. Lowering the prices of some services and healthcare products is another vital strategy that can be introduced to enable people from low socioeconomic families to access healthcare services with ease (Courtemanche et al., 2018). Another approach would involve confirming that more healthcare facilities are built in rural areas. Improving rural health will also help in limiting deaths experienced in these areas due to the lack of treatment.

Conclusion

To conclude, good health is essential to all people in the community. Thus, the Affordable Care Act has been of great significance since it has improved many people’s health. Individuals have obtained quality health care since they are insured. Moreover, equality has been encouraged, whereby people from different races, religions, and origins have accessed healthcare facilities with ease. The Affordable Care Act has contributed to economic growth as it has led to a healthy and active society. Therefore, I believe that people should recognize and appreciate the various advantages of the policy.

References

Amadeo, K. (2021). Pros and cons of Obamacare. The Balance. Web.

Courtemanche, C., Marton, J., Ukert, B., Yelowitz, A., & Zapata, D. (2018). Effects of the Affordable Care Act on health care access and self-assessed health after three years. The Journal of Health Care Organization, Provision, and Financing, 55(1). 1-10. Web.

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The Affordable Care Act and Economic Objectives

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