Is patient protection and affordability act really affordable Research Paper

Is affected role protection and affordability act really affordable - Research Paper ExampleAccording to CBO the Act depart not only bend the health dispense cost curve, but will also help in reducing the deficit in the next ten years and beyond (PPACA Detailed Summary, n.d.).The aim of this penning is to evaluate the Act and find out if it is economically viable or not for the Americans. For this purpose I intend to explore the peer reviewed articles in order to understand the economic effects of the Act. Towards the end a conclusion shall be made based on the findings of the research.Howard (2011) has discussed in detail the economic consequences of the Act in his article The Impact of the Affordable Care Act on the Economy, Employers and the Workforce. Howard is of the view that the Act is incomplete affordable nor a solution to the healthcare problems of the Americans. Instead, it would lead to increased problems and cost pressures along with economic depravity and unemploym ent.Reducing the fiscal deficit leads to economic emergence and job creation. If the US government continues to spend capital without all cost effective plans, the US economy will soon be crippled. Slowing the growth rate of the health care cost is therefore a good option. The Act however asks the core class to purchase heavily subsidized health care insurance and doubles the size of Medicaid broadcast because of the increased number of insured people. Howard (2011) is of the view that the Act is not a suitable way of deform the cost curve, as mentioned by President Obama. As more and more people are insured, the withdraw for health services would increase which would mean more expansion and spending on health care projects, such as Medicaid. The Act ensures more spending on health care and increased ask will lead to increased cost of health care goods and services.A prominent economist, Jonathan Gruber (quoted online in calcium Healthline, 2010), explained the Act as a spagh etti approach to cost control. It is just doing a lot without getting any optimal