In most instances, both the doctors and patients demand the latest treatment regimes even if no objective evidence has been established regarding their efficiency and efficacy. Also, the healthcare insurance contributions are not paid directly by the insured person. Therefore, the contributors are not given an opportunity to make appropriate consumer decisions about the cost of their insurance coverage by the employer (Merhar, 2014). Another factor that is attributable to increased health insurance costs is related to partnerships and mergers among the healthcare providing institutions. In this case, near-monopoly medical providers enjoy a large market share to the extent of controlling and rising the prices of the services they provide. However, most of the social welfare services still enjoyed to date are rooted in what was once termed as the “sickness insurance.” In fact, by the year 2030, over 70 million people will have enjoyed the program (Markel, 2014). In addition, the engagement of the federal government in executing massive healthcare legislation is to ensure that the US develops comprehensive reforms, which are designed to enhance quality, accessibility, and affordability of the healthcare services (Obama, 2016, p. 525). The insurance comprised of future programs exemplified by the Social Security …show more content…
1). ACA has a target of improving access to affordable healthcare coverage as well as protecting the American citizens from insurance companies, especially those engaging in abusive practices. To precise, the Act intends to expand the age limits of those legible from 19 to 26 years (Qi, 2015, p. 1). However, this applies to individuals who lose their insurance coverage due to being removed from their parent’s plan once they attain 18 years and above. The expansion translates to an extra 25 million Americans who will be insured to access medical care (Rhodes, Kenney, Friedman, Saloner, & Lawson, 2014, p.