Good health care facilities are a necessity for every citizen, irrespective of his financial position and social status. In fact, it is a right of every person to get affordable health care facilities to live a healthy life. However, over the years, the cost of health care has gone up considerably making it very difficult for people with low incomes to get sufficient health insurance coverage. The governments across the world too have to face innumerable challenges to provide cheap health care to an ever rising population. The advantages and disadvantages of health care reform have been a matter of great debate. Though many people have appreciated the reforms made by passing the health care bill, there are some critics pointing out to the negatives of the bill.
Advantages and Disadvantages
The number of United States citizens who do not have a health insurance has grown fast over the years. The high prices of premiums quoted by insurance companies is considered to be a major reason for this problem. However, the new health care reforms promise to make health insurance cover available to around ninety-five percent people who are legally staying in the United States of America. Another advantage is that the insurance companies would not be able to deny the payment of medical bills to a person who is unwell and has also lost his job.
The health care reforms have been termed as a positive step by many knowledgeable people, as they would help in reducing the costs of medicines in the coming days. The provisions in the health care bill can intensify the competition between the health insurance providers in the United States market and this can ultimately benefit the consumers, as the companies might consider reducing costs of their services and relax the terms and conditions to be eligible for payment. This health care bill is also useful for the young adults, who will get the benefit of health care facilities through their parents’ health insurance, till they become twenty-seven years old.
However, according to some experts, there are certain problems associated with the health care bill. The main issue is that the government would require to raise a huge amount of money to provide modern facilities to people. The possibility of raising this money by increasing the taxes on businesses and high income families is much more than most other means. There might be an increase in the excise tax for several businesses. Some other experts believe that spending such huge amounts can put a strain on the economy of a country. The citizens who do not wish to have a health insurance policy, might have to pay two percent more taxes than the others who opt for them.
After thinking rationally and studying the entire situation with the help of facts, we conclude that health care reforms would actually prove to be very useful in improving the quality of life. Explaining the advantages and disadvantages to the common public is essential to educate them about insurance. Health care reform facts of underdeveloped countries suggest that still there is much to be done in this field for the benefit of common people. So, it is time that we realize the importance of good health care facilities and take steps in the right direction for a healthy future.