Redesigning the Affordable Healthcare Program in the Context of Economic Market

Abstract

Repealing and replacing the Affordable Healthcare Act 2010 (Obamacare) was one of the most controversial issues during and after the U.S. 2016 presidential campaign. The importance of the issue bears on searching for the generally acceptable healthcare program to the American taxpayers. Before the passage of the Act, the United States was the only advanced nation that did not provide affordable healthcare insurance for its citizens. The recognition of the uninsured millions’ healthcare plight, the rising cancellations and premiums of the private insurance policies, and the high healthcare costs led to the Act’s passage.