1. The Economic Effects of Obamacare
In 2008, Barack Obama was elected president of the United States, one of the main points of his campaign platform was health care reform. The Patient Protection and Affordable Healthcare Act (PPACA) also known as "Obamacare," was signed into law by Barack Obama on 23rd March 2010 after a very close vote. ... To compensate for all of the money being spent on these new patients, new taxes and penalties are being implemented to fund their care. 5 Due to the influx of insured patients, it is also expected that there will soon be a shortage of physicians said to be close to 42,000 along w...
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- Grade Level: Undergraduate