Joe Biden, as a presidential candidate in the 2020 election, championed the Affordable Care Act (ACA), which was enacted in 2010, while he was the vice president under Barack Obama. ACA, also known as Obamacare, is a health insurance policy that aims to increase coverage within the USA, especially for those below the federal poverty level. The policy enabled more than twenty million individuals to access health insurance.
Biden revived the policy after he was elected president and created a marketplace that enables people to enroll for the policy online. He is also still pushing for a bill to decrease the Medicare eligibility age to 60, as he promised in his manifesto.
Jo Jorgensen, a Libertarian presidential candidate in 2020, championed affordable health care in his manifesto. He was neither in support of Republican nor Democrat health policies. Jo believed that he could foster health accessibility and affordability by letting insurance companies compete on prices.
The market mechanisms will force the price of policies to reduce, increasing their accessibility. Furthermore, the expenditure on paperwork and government programs will decrease, cutting down the overall health expenses.
- Medicare and Medicaid Programs and Beneficiaries
- Affordable Care Act’s Impact on Medicare Spending
- Current Healthcare Law: Affordable Care Act
- The Affordable Care Act and Healthcare Reforms
- The Affordable Care Act (ACA) in the US
- Patient Protection and Affordable Care Act or Obama Care
- Joe Biden’s New Reform on Healthcare