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Health Care Regulations Essay

1269 words - 6 pages

Running head: HEALTH CARE LAWS, POLICIES, AND REGULATIONS Health Care Laws, Policies, and Regulations Frank Frimpong Manso HCS 545 July 4, 2016, 2016 Prof Elam Health Care Laws, Policies, and Regulations Health Law, Regulation, and Policy has become the means of health protection and prevention for the American people. The government highly regulates these laws improving the health of the public by developing programs, resources, and tools, aiding in health care access, however, there are also different private bodies involved in regulating the healthcare sector. Health care regulation is focused on three main roles; cost control, quality control, and access expansion and control. This paper ...view middle of the document...

However, the regulation’s cost factor has proven unsustainable without economically hurting the high earning entities. The effect of ACA’s implementation has caused an overall negative economic realignment as various entities strive to remain afloat; working hours have been significantly downsized by various corporations in anticipation of unsustainable insurance compliance. The ACA regulation is seen as an economically crippling element in America’s overall economic composite. The enormous tax burden shouldered by high earning entities is evidenced to trickle down to the middle and low income earners which resultantly deduces the benefits intended for these groups in an even more severe way. To begin with, although the ACA provides affordable or free health care insurance to tens of millions of American populations, funding is raised through taxes. With a hike in taxes for health care funding, earning populations are left with less to spend. The American middle and low income groups are even more affected by the adverse effects as inflation sets in to recover the growing deficit induced by the regulation’s implementation. The ACA had been endorsed as an affordability initiative but the repercussive costs have indicated the regulation as a costly affair across the board. Insurance players report certain clauses in the regulation as detrimental to the process. An example is the regulations directive for insurance to extend their coverage even to sick uninsured people at no extra cost. The resultant effect has been the rise in insurance premium costs which further complicates the insurer’s role in the initiative. Nearly all the beneficial aspects within the regulation are countered with contradictory challenges that undermine its purpose. While Medicaid is expanded by the regulation to cover an estimate 15.9 million citizens below 138% of the property level, the cost is met by state and federal funding which further imposes an immense measure of tax escalation. The regulation however features more benefits than limitations with regard to women initiatives. The ACA grants up to 47 million women access to health care services comprising wellness and preventative care. Additionally, the law prohibits women paying more than men for health care services as had been the case prior to enactment (Blackman, 2013). The ACA regulation started 157 new agencies, boards and programs to oversee the efficient implementation of the law alongside regulating health care spending. Although there are negative cost implications associated with the huge oversight entities provisioned in the regulation, proponents argue these costs to be necessary in controlling the unaccounted health care expenditure (Blackman, 2013). Employment in America is currently readjusting to comply with the regulation’s 2015 implementation phase requiring all employers to provide an insurance cover on their employees. The resultant effect to this change has been two faced; small businesses have...

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