Study of preliminary results of Obamacare: is the healthcare reform efficient?
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How to Cite

Oranowskaja, T. (2017). Study of preliminary results of Obamacare: is the healthcare reform efficient?. Economic and Political Thought, 57(2). Retrieved from https://mysl.lazarski.pl/mysl/article/view/1657

Abstract

There is ample evidence of widespread inefficiency in health care systems
in the early 2000s. The article is an attempt to find a balanced view on the
efficiency of the Obama Healthcare Reform before it is reshaped by the new
administration and the US Congress. No doubt Obamacare is a unique example
of a healthcare reform. But is the reform really efficient? According to
preliminary results, it achieved its goals to a certain extent, and at the same
time it created a lot of new problems that should be solved. One of them,
still open, is the issue of who should be in charge of the regulation of the
healthcare system: to what extent the government should take part in this
process; whether the shift from private to public regulation was an effective
step in the development of the healthcare system; and if a free market should
take place in case of such a good as healthcare. Nowadays, Obamacare is
a burning topic. During his presidential campaign, Donald Trump notified
that he would dismantle and/or restructure the Obama healthcare reform.
Whatever the final outcome of his attempts to replace and/or to change the
Affordable Care Act is going to be, it is worth assessing the health reform,
which has attracted so much attention in the US and the world. The application
of efficiency concepts to health care systems is a challenging topic, which
raises both theoretical and practical problems. A review of input and output
variables is carried out in the article. My assumption, which I will try to prove,
is that the healthcare system in the USA is too expensive, and as a result it is
less effective and, actually, not so ‘affordable’ as it was supposed to be.

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