Overall Obama's health care policies will be beneficial to society if implemented

1)Reduction in health costs and reduction in wasteful spending. A)Reduction in drug patents by several years will result in 108 billion in savings over ten years by increases the availability of generic drugs[1]. B)Investments in Community health centers in ObamaCare(18b) and the stimulus(2) will save 200 billion dollars in a ten year period [2]. C)Investments that result in providing computerized records and computer technology throughout the health care system will save 150billion yearly by 2017[3]. Some of those savings are due to computerized records systems having 50% less medical errors [4]. D)Food companions will be required to provide clear labeling for nutritional data. Studies show this results in 15% of people consuming 106 calories less per meal [5]. This could result (100c/20=4 15x4=60 .60x20) in over 10 billion in savings yearly due to increases in health [6] [7] [8] E)The new law will required insurance companions to reduce their medical loss percentage to 20%(for large group)25%(for small group); given that the average loss percentage is around 25%, and that the large group makes up a majority of health insurance this will result in around 100billion dollars in savings a year [9] F)In the stimulus there was billions that went into research determining which medical procedures and drugs work the best. Estimates show that this could save hundreds of billions of dollars yearly [10] G)Also the ObamaCare law will switch how some health care is paid for; switching to a more bundled system that pays based on the health outcomes of patients. This could save hundreds of billions yearly if the implemented by the whole health care system. [11]. H)The new law will put a Pig tax on tanning salons this will result in less sue of tanning salons and since use of tanning salons causes skin cancer there will be less skin cancer. I)The new law will put a Pig tax on health insurance plans with a high medical loss ratio, which will provide incentives for insurance companies to put out more efficient plans. J)The law also creates a competitive market for those in the individual market; this is estimated to reduce costs due to the increased competition between health insurers. K)The new law also mandates that preventative health care be provide free of charge, resulting in more people using preventative health care services. L)ObamaCare also removes free subsides to health insurance companies in Medicare advantage saving tens of billions of dollars yearly [17]. M)A comprehensive study on the effects of just ObamaCare (meaning savings from computerized records and community health centers are not included) concludes that ObamaCare will decrease total health care spending by .01% per year [12]. N)Another study shows that just ObamaCare will result in health premiums in the individual market decreasing by 1,500 [13]. O)Another study finds that just ObamaCare will result in dramatic decreases in health premium costs for families. 2)Decrease in abusive insurance practices. A)The new law makes it illegal for insurance companies to drop your coverage just because you get sick. B)The new law also makes it illegal for insurance companies to limit your total health benefits; meaning if you get sick your insurance companies can no longer stop providing you care. C)The new law makes it illegal for insurance companies to discriminate against you. D)Under the new law insurance companies have to provide consumers with clear and precise definitions of benefits. This will prevent people from thinking they have coverage when in reality their insurance company will refuse to cover them. 3)Increases in the amount of coverage. A)Under ObamaCare 35million people will be able to afford health care [15]. A Harvard study shows that his will save 35,000 lives every year [16]. B)Under ObamaCare you will be able to keep your children on your insurance program until they are 26 years of age. C)Under ObamaCare you will not longer lose your health coverage when you get sick or if you're health condition has cost a lot of money or if you develop a chronic health condition. D)Under ObamaCare health plans will now be required to provide you with a better quality of health coverage. 4)Misc. A) Small businesses will get a tax credit up to 35% of premium cost [18]. B)Seniors will receive $250 more for drug costs [18]. C)Reduces the deficit by around 100 billion over ten years [18] 5)Conclusion: A)Even though Obama's health care polices expand coverage to around 35million Americans it reduces total health care costs by reducing wasteful spending and increasing the health of Americans/ B)Under Obama's health policies you will have fewer medical errors, and will have more health coverage under your health care plans this is despite the fact that your health care costs will be lower under his policies. [1] http://thinkprogress.org... [2] http://www.aafp.org... [3] http://content.healthaffairs.org... [4] http://www.sciencedaily.com... [5] http://www.bbc.co.uk... [6] http://www.washingtonpost.com... [7] http://www.diabetes.org... [8] http://articles.cnn.com... [9] http://www.pnhp.org... [10] http://www.acponline.org... [11] http://www.americanprogress.org... [12] http://voices.washingtonpost.com... [13] http://thinkprogress.org... [14] http://voices.washingtonpost.com... [15] http://thinkprogress.org... [16] http://www.newdeal20.org... [17] http://krugman.blogs.nytimes.com... [18] http://www.dailykos.com...