Effects of the Affordable Care Act on Medicare Health Care Coverage Options
Introduction
In 2010, former U.S. President Barack Obama endorsed the Affordable Care Act-ACA- with the aim of improving performance within the health care system. Precisely, the Act, which is also known as Obamacare, was aimed at increasing health insurance cover for people below the age of 65 (Davis, Guterman & Bandeali, 2015). The passing of the Act was necessitated by several factors, including the observation that even though the U.S. has the largest healthcare budget worldwide, the quality of healthcare delivery in the country is wanting (Carper, n.d). Specifically, the U.S. government spends close to 20% of its GDP on healthcare, yet the costs of healthcare have been rising so fast that the economic welfare of families and corporations is……
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