Perhaps the most debated and controversial healthcare legislation in US history is the Patient Protection and Affordable Care Act, which most of us know better as “Obamacare.” If you work in the healthcare industry, it’s important that you have at least a reasonable grasp of the act and how it can affect healthcare jobs.
The act is a landmark act in the history of healthcare in the US, despite divided opinions about how fair and how effective the act has been. Medicare has been a prominent feature of healthcare in the US for almost 50 years, and Medicare has served as the model for the Affordable Care Act. The pharmaceutical industry is almost certainly going to react to the act, and of course, it affects aid workers, doctors, and nurses.
A 15 percent pay cut for doctors is likely to be one of the results of Obamacare, partly because of the cost of the paperwork associated with treating patients, and partly because of the cost of ensuring compliance. Many hospitals and doctors see the paperwork requirements as being overly bureaucratic, and incomplete paperwork or paperwork with mistakes on is likely to be a big area of concern. However, it’s anticipated that there will be fewer incidents of negligence and fewer cases of medical malpractice because of this emphasis on compliance.
The Affordable Care Act forecasts that over a million healthcare jobs will need to be created, from doctors to therapists, especially with the current shortage of qualified physicians in the US. Hundreds of thousands of these jobs will be needed simply to handle all the patients with pre-existing conditions, one of the key focuses of the act. Experienced nurses will be in more demand than ever before because of the act’s provision allowing pre-existing conditions to be covered.
Although there have been recent efforts in Congress to repeal the Act, they have so far been unsuccessful. At present, it appears there may be a bipartisan effort afoot to fix some of the problems associated with the ACA, but outright repeal appears, at least for the moment, to be dead.