Affordable Care Act has many shortcomings in its implementation. One of the drawbacks is the system serves as the health care exchange program which makes people have to pay for higher price for premium. However, finding and implementing a better substitute is much more difficult.
During the presidential campaign, both Hillary Clinton and Donald Trump agreed on the flaws Affordable Care Act (ACA). However, none of the candidates was able to formulate a substitute health care system that can address the problem. As a result, a health care reform is a difficult program to launch.
The high premium of the health care system is also addressed by Fox News. The ACA has continuously increased its premium and people had to pay more for less coverage.
Many criticisms have been addressed to ACA that has a nickname as “Obamacare.” Moreover, the threat from the insurance companies to withdraw from the health care exchange program has been surmounting in February. While President Trump administration has not been able to formulate is a solid replacement system that can give an affordable health care system to the U.S. citizens.
Americans need a health care system instead of the health insurance program. However, the government is not able to provide a health care system without the involvement of the insurance industry. This has been a dilemma in the health care system in the U.S. for years, and that problem is not addressed with the ACA.
The insurers also criticized the ACA for its flaws to address the core issue. Former CEO of Aetna Ronald Williams in an interview with CNBC pointed out the issue.
"In health care, you really need a balance of people who need health care today, tomorrow and in the future," Williams said in the “On The Money” talk show. He also added that the system must provide a rate structure that provides people who need health care to get the most affordable premium. The rate structure has to provide senior citizens better deal to prevent out of pocket spending.