Group insurance lowers or reduces the premium cost per insured by spreading risk factors among the number of insured, period. Once enrolled, an insured member has a selection of insurers or providers and medical plans to choose from.
The law also reduces the one thing that ires GOP, profit for investors like Mitt Romney, Rick Scott, and etc., who reap dividends from outrages administration healthcare costs. $100 bandages that retail at $5 outside of a medical center or hospital are under accountable standards because of ACA.
The unaffordable health care system is the nation's current system that abuses the emergency room and staff to provide for anyone without coverage as well as the covered. The cost of the hospital bill which usually goes unpaid from uninsured is passed on to the premiums of those with insurance.
The exodus of American jobs escalating during the late 80s, early 90s, not only relocated jobs overseas, but the strength in numbers for pooling employer based health coverage diminished as well. The answer is to pool as many Americans as possible to access a health care exchange. This act does not establish a socialist health care system because the ACA is not a single payer system. Affordable Care Act is actually an optimal capitalist system with potential to generate substantial revenue when widely used.
In an interview with President Clinton, President Barack Obama explained at the Clinton Global Initiative that there will be tax breaks for young healthy insured. There are provisions for subsidies, but not government paid premiums. President Obama stated that in addition to how benefits such as; insurance companies no longer authorized to use pre-existing conditions to deny coverage, dependents allowed to remain on parents' policies until the age of 26 and the cost? of coverage being less than a cell phone bill for a 27 year old female, the ACA is on course to decrease the deficit by $210 billion a year for ten years.
The law has already, along with tax revenues, reduced the deficit. Memo on much of the wisdom and beneficial aspects of the law has finally reached Congress, all except Senator Ted Cruz (R) Texas.
Senator Cruz decided to "fillibuster" or grand stand on the Senate floor declaring, "I will speak on defunding Obamacare until I am no longer able to stand."" But, the cruel irony is should the Senator suffer any physical or mental health issues, he has a premier health care plan paid for by many tax payers who can't afford health care plans for their families.