Friday, May 22, 2020

Essay about The Impact of the Patient Protection and...

America’s health industry, primarily the health insurance and pharmaceutical industry, is careless and just plain greedy! I have learned there are about fifty million Americans who are uninsured while the rest who have insurance could become and are â€Å"victims of insurance company fraud†(Moore). If you have a certain age or health problems health insurance will deny you no matter what. THE IMPACT OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT ON MIDDLE-SIZED CLASS. THE CIRSIS AND THE NEED TO REFORM HEALTH CARE. HOW WILL THIS AFFECT THE MARKET? The patient protection and affordable care act, PPACA, more commonly referred to as â€Å"Obama care†, signed by Obama in 2010, is a health care system that requires insurance companies to cover all†¦show more content†¦The Affordable Care Act was signed into law to reform the health care industry by President Barack Obama (obamacarefacts). Obama had a goal is to give more affordable health insurances and to reduce growth in health care spending (obamacarefacts). The health insurance companies seem to make it a contest for those who are health care providers, i.e. doctors, medical reviewers, etc. According to former Humana medical reviewer, Dr. Linda Peno, the end goal is to deny whenever possible because doctors with the highest percentage of denials is awarded with a bonus. She described her job as being the person to save money for the company. Frankly am shameful for the way our people are treated along with the greedy mindset of those of higher authority including past presidential figures; such as Nixon, giving less care to make more money with the Kaiser Permanente plan (Moore). The United States slipped to number 37 in the health care around the world. Insurance around the world started to profit more than double their profit and some tripled their profits. Aetna was accused of cutting reimbursements to doctors and forcing them to settle $120 million. Blue Cross/Blue Shield was accused of wrongdoing involving Medicare they settled $117 million. Much insurance were accused of different things and they all settled. Victim’s of insurance company’s were frauding them and reject them. There also is aShow MoreRelatedThe Impact Of The Patient Protection And Affordable Care Act1194 Words   |  5 Pagesa national health care program. His goal was to â€Å"insure that all communities, regardless of their size or income level, had access to doctors and hospitals† (â€Å"Harry S. Truman†, n. d.). The bill denounced by the American Medical Association (AMA) and characterized as â€Å"socialized medicine† (â€Å"Harry S. Truman†, n. d.) was ultimately abandoned. Twenty years later on July 30, 1965, President Lyndon B. 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