Since the introduction of the Affordable Care Act, there are pros and cons to its existence in how it helps and hinders the consumer. These effects not only target the consumer, but they can also affect the cost of the provider as well. One of the most influential pros of the Affordable Care Act is that it is making health more affordable for the population that needs the coverage (Ayres, 2019). Now that the Affordable Care Act is in effect, insurance providers must cover at least fifty preventative care services, and the patient will not have to come out of pocket for these expenses in care. The end goal is the patient not having to worry about the added costs of preventative care that they need. Although patients do not have to come out of pocket, this funding must come from somewhere, and that is from the health insurance agencies. These agencies must increase their deductibles by at least twenty percent (Fingerhut, 2017). This increase in deductibles is to help cover the amount of money it takes to include patients that need preventative care and not having to pay for the care themselves (Fingerhut, 2017). Increasing deductibles for patients can prove to be troublesome for the individual especially if their income cannot afford these higher costs.
While there are positive aspects of the Affordable Care Act, there are also downsides for providers and consumers, when it comes to costs. One of the most influential negative impacts of the ACA is that consumers are having to pay more out of pocket expenses for healthcare, which in turn is making it harder for healthcare facilities (Allar, 2017). These higher costs for procedures and services are wielding a little benefit for individuals that need them, which is very concerning when you need these services for further their healthcare.
While there are positive aspects of the Affordable Care Act, there are also downsides for providers and consumers, when it comes to costs. One of the most influential negative impacts of the ACA is that consumers are having to pay more out of pocket expenses for healthcare, which in turn is making it harder for healthcare facilities (Allar, 2017). These higher costs for procedures and services are wielding a little benefit for individuals that need them, which is very concerning when you need these services for further their healthcare.