Table of ContentsAffordable Care ActAffordable Care Financing ActEconomic FactorsCost ContainmentConclusionWith all the technological advancements in the medical field, the United States has yet to provide healthcare free health care to their citizens. In the United States, health care is still treated as a privilege, accessed only by a select few who can afford it. Those who cannot afford it are essentially left without health insurance, leaving them unprotected. Many people are deprived of their right to health care simply because of the way the health system is organized. This article will discuss how financial factors such as funding sources, reimbursement methods, economic factors, business influences, and cost realization have influenced the healthcare system today. Say no to plagiarism. Get a custom essay on “Why Violent Video Games Should Not Be Banned”?Get the original essayThe Affordable Care ActPresident Obama signed into law the Affordable Care Act (ACA), or commonly known as Obamacare, in 2010. It was created to provide comprehensive and affordable care. health insurance to all citizens of the United States. The ACA essentially made it possible for more uninsured Americans to get insurance by creating online marketplaces where people could buy their own insurance. Thanks to the ACA, millions of people have been able to obtain affordable health insurance for themselves and their families. Most importantly, the ACA helped eliminate the part of the previous health care system that allowed insurance companies to turn away people with preexisting conditions like cancer, diabetes, or asthma. The ACA virtually helped shake up health insurance company protocols through several regulatory changes ensuring millions of citizens could obtain health insurance. The ability to finance health services is a major factor in the quality of care a person receives. In the United States, health insurance is financed by a combination of public and private funds. Programs like Medicare and Medicaid are jointly funded by government and taxpayer dollars. These programs help support people over 65 and those with very low incomes. Another source of funding for health insurance companies is privately financed health care. Privately financed health care includes self-financing treatment without insurance and insurance provided to an individual by an employer. Additionally, it is important to recognize that a person's socioeconomic status influences the type of care they receive. A person who has access to more money can afford better care because it allows them access to better doctors and faster treatment. Unfortunately, for someone who is not fortunate enough to have the same financial means, this may mean putting off seeing a doctor simply because they do not have health insurance or do not have not enough money to pay a co-pay. Therefore, it is imperative to have access to health insurance so that everyone can receive the quality care they deserve. Affordable Care Finance Act The Affordable Care Act is funded through government spending cuts and tax increases. Another way to fund the ACA is to impose penalties on those who choose not to purchase it. In addition to penalizing employers who do not provide health insurance to.