Financing the Affordable Care Act
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How is The Affordable Care Act financed? Please give details.
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Solution Summary
This solution explains how the Obama Affordable Healthcare Act is financed. APA references are included.
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The Affordable Health Care Act is paid for by imposing taxes on health insurers, pharmaceutical manufacturers, on device manufacturers, and the entities that will benefit as more people are covered by health insurance (PBS Newshour, 2012). Also hospital spending through Medicare is expected to go down, thus cutting costs. More people ...
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