Health Care Reform important for the following reasons...
Last edited Tue Sep 25, 2012, 07:08 PM - Edit history (1)
I recently came to a realization that many Democrats still do not completely understand why President Obama introduced the Affordable Care Act.
Too often, we rationalize it from a purely social perspective. While that has an element of truth behind it, there is another stronger reason why health care reform has been on the agenda of every president since Nixon.
Spiraling cost and sustainability
The health care industry has been in the midst of a four-decade long cost explosion, augmented by the ever increasing number of Americans without health insurance (it broke the 50 million mark in 2010).
Without health care reform, the federal government would probably buckle under the enormous cost of health care within, at most, two decades.
President Obama spent an enormous amount of political capital and set himself up as a target with the introduction of the ACA. But make no mistake, not only was it a courageous move, it was also the right one. While health care cost will continue to rise in future, it will however be tied to real world fundamentals and market forces - and it will be sustainable.
? Pre-ACA
Historical
Projected
Comparative
? Post-ACA
Edit: Thanks to Stuart G for the title change advise.