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Monday, February 25, 2013

The Affordable Health Care Act Is This An Effective Solution Or Is It Contributing To The Problem?

By Joann Chandler


What is the Affordable Health Care Act, and is it a solution for rising health costs or is it part of a bigger problem? Right now the economy is still in shambles, and the promised recovery seems far away. The massive set of regulations that is included in this legislation has been held responsible for the failure of the recovery by some. Businesses are cautious and confused about what this law means for them, and as a result many are cutting hours, scaling back on hiring, and even terminating some employees in order to avoid financial penalties.

Right now many investors are looking for a vehicle that can eliminate or at least lower the risks involved, and few options are offering excellent returns. When the legislation was passed many Americans were against it, and a number of Republicans vowed to repeal it. This created conflict, and there was talk of it being struck down because of the individual mandate. Today many business owners and consumers still disagree with the act and believe that it should be eliminated.

This legislation has been considered an obvious power grab and certain companies have been reported to be given favoritism in terms of the waiver of application towards them. If it had been fair and no waivers had been given in the first place, it is likely that the public outcry wouldn't be as prevalent as it is now, but sadly this just isn't the case. The legislation approval process had clearly been done in a hurried manner. Nancy Pelosi had even stated that the leaders must proceed to examine what exactly is in the act itself.

Many investors believe that precious metals have seen such an excellent performance because of this massive set of rules. Businesses are hesitant to expand because they may face higher costs. If they do not provide insurance coverage they may face fines, but if they offer this perk then they may have to meet certain requirements which can raise the costs of this benefit. Many refuse to do any hiring or invest in any expansion until they have a clearer idea of what will be required and what they must do for each person that they employ.

The situation has been assessed and many expert analysts have been led to believe that it is this particular act that had contributed heavily towards the economic slowdown. How so? When businesses have stopped hiring, consumers will begin spending less and the effects will snowball upon one another leading to a sluggish economy. Indeed, the latest recession had caused most of the people to make huge losses in terms of their investment value. Things like that wouldn't have happened if they had the foresight to invest in precious metals instead due to the inherent stability in the prices of such holdings.




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