Obamacare has affected many American economies, it has affected the economy in both positive and negative ways. Some examples of positive effects: it has slowed the rise in health costs, reduced the budget deficit and also covers 10 essential health benefits. Some examples of negative effects: the income tax rate was increased, people chose to pay tax rather than pay for coverage, and it also taxed those who did not sign up for coverage. insurance. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay. An example of Obamacare has had a positive impact on the U.S. economy by slowing rising health care costs. Slowing rising health care costs has been one of the biggest benefits brought by Obamacare. It does this by providing insurance and making preventative care free. The slowdown in health care increases is also leading people to receive treatment before having to go to expensive emergency departments. A second example of the positive impact of Obamacare on the American economy is the reduction of the budget deficit. There are three ways to reduce the budget deficit. One solution would be to raise taxes on certain businesses and those on higher-income families. Second, the burden of costs will be shifted to healthcare providers and pharmaceutical companies. The final solution is to reduce the cost of government health care. A third example where Obamacare has had a positive impact is that it also covers 10 essential health benefits. All health insurance programs are required to provide the 10 vital health benefits. The 10 essential health benefits are maternity and newborn care, mental and behavioral health treatments, preventative and wellness visits, laboratory tests, pediatric care, services and devices, hospitalization, outpatient care, emergency services and prescription drugs. There are few examples. Obamacare has had a negative impact, but one example is the increase in the income tax rate. The income tax rate in 2013 was increased for 1 million people with income above $200,000. The tax rate increased from 1.45 to 2.35 depending on income above the threshold. Two other examples that Obamacare has had a negative impact are that people choose to pay taxes rather than pay for coverage and that it also taxes those who do not have insurance. About 4 million people chose to pay taxes rather than pay for coverage. There were people who didn't have insurance, and those who didn't have insurance were taxed. Those who did not pay for insurance were taxed, but many avoided taxes thanks to an ever-expanding list of exemptions. Keep in mind: this is just a sample. Get a personalized document now from our expert writers. Get a Custom Essay Not only does Obamacare affect the American economy in a positive way but also in a negative way. It affected it positively by slowing down the rise in healthcare costs, reducing the budget deficit and also covering 10 essential healthcare benefits. It also negatively affects it by increasing the income tax rate, with people choosing to pay taxes rather than paying for coverage, and also taxing those who do not have insurance..