Group8Outline - Every President wants to leave a legacy Statistics show that one of the main drivers of bankruptcy is medical bills Almost 50 of the

Group8Outline - Every President wants to leave a legacy...

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Every President wants to leave a legacy. Statistics show that one of the main drivers of bankruptcy is medical bills. Almost 50% of the Federal Government's Budget is devoted to Medicaid and Medicare. Evaluate whether the doctors, the pharmaceutical companies, or too much/too little government regulation is to blame? Is the Affordable Care Act the solution? Chanel will define Medicaid and Medicare while explaining why so much of the budget is devoted to them. 1. What is Medicaid and Medicare? 2. Why is so much of the budget is dedicated to health care? Cesar will analyze why pharmaceutical drug prices are increasing causing taxpayers to contribute more towards health insurances such as Medicare and Medicaid. 1. Who is to blame for these increases? 2. How are Big Pharma companies benefitting from these increases? Oliver will discuss why the Affordable Care Act could put an end to increasing prices of prescription drugs. 1. How does the ACA work? 2. Why is this beneficial to taxpayers? 3. Would the ACA stop the increases in pharmaceutical prices?

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