Health Costs: What Hangs in the Balance in this Upcoming Presidential Election?

October 26, 2012

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the 2012 Presidential Election quickly approaching, it can be nerve-racking for
young adults between the ages of 18-25 to see where they will fall with either
candidate if President Obama gets re-elected, or if Governor Mitt Romney gets
elected. Below is the breakdown of what will happen to some health care costs access
and the state of the Affordable Care Act depending on which candidate wins the
Presidential Election.

President Obama’s Affordable Care Act, young American’s are able to stay on their
parents health care plans until the age of 26, allowing them to pay off student
loans (assuming they have them) and start saving their own money to begin to
afford their own health care premiums once they are off their parents plans. Also
under the Affordable Care Act, President Obama is in the midst of stopping
health insurance companies from charging women more than men for the same
coverage. These costs are ones could potentially set females at a financial
disadvantage than their male counterparts.

Governor Romney gets elected, he proposes to repeal and replace the Affordable
Care Act, which would leave many young Americans uninsured, and possibly unable
to afford certain health insurance plans. Romney’s next move would be to have
each state craft their own health reform plan, which will take many months to
create, leaving many Americans uninsured for those times. However, leaving the
decision of healthcare coverage to the state will allow each state to cater to
individual needs that may be more prevalent in that area of the country. This
would make for more efficient distribution of care across the United States.

are just a few issues that are hot topics in this presidential election, and
ones that the voter should be fully informed about before casting their vote on
November 6. Get the facts about both President Obama’s campaign as well as Governor Romney’s campaign, and find out how you and
your health costs would be affected under each candidate. 

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