Patient Protection and Affordable Care Act Research Paper

Patient Protection and Affordable Care Act - Research Paper Example Patient Protection and Affordable Care Act, 2010 will go down in history as a major health care reform bill that has been signed into law. It has a comprehensive coverage that would see 31 million Americans currently uninsured getting a medical cover. If this new proposal, the government will incur approximately $848 billion over the next 10 years, consequently, there will be a gradual increase in taxes and revenue is proposed to reduce the total cost of this cover by $131 billion within the same period (Eaton 2010). The proposed reform aims at achieving a number of strategic healthcare goals. Firstly, it aims at ensuring that every US citizen can access, quality and affordable health care. In essence, this is an important component of the entire reform agenda. In light of the increasing burden of increasing burden of disease and skyrocketing prices of health care services, the government undertook this deliberate strategy to ensure that there is universal health care insurance cover age. Today, the majority of US citizens continues to battle with out-of-pocket financing, which is prohibitively expensive (Junior 2010). Secondly, it aims at improving quality and efficiency of healthcare by establishing a vibrant health care workforce that would meet the growing demand for healthcare services. In addition, there is a growing body of evidence showing an increase in the burden of chronic diseases, this proposed health care financing in its full implementation will see the middle and elderly persons receive a comprehensive cover that focuses on affordable health care services for chronic diseases. United States (2010) states that the Congressional Budget Office (CBO) has determined that the fully paid patient protection  scheme, in the end, will ensure that more than 94% of Americans will be covered within $900 billion limits set by President Obama.