Running Head: OBAMACARE
The Obama Care Policy
American National Government
January 8, 2013
In this short essay about the “Obama HealthCare Policy,” I will discuss the problems of the policy. I plan to explain the history, and the meaning of this policy. In this essay I will be discussing the pros and cons of the Obama HealthCare Policy, as well as the issue’s with the Federalism. I will be evaluating the pros and cons from two other perspectives.
The Obama Care is a name for Patient Protection and Affordable Care Act of 2012. You may not even realize it yet, that part of this act has already affected you, and the economy. The main controversial part is the mandate that everyone has to purchase private health insurance or pay a fine. This does not go into effect until two thousand and fourteen. If you cannot afford the insurance, and if you fall under a certain bracket, free medical is provided for you, such as Medicaid. The Obama Care reforms and regulates insurance companies and health care standards.
The Obama Care requires that all Americans have health insurance, either through a private provider or through the State, and or Federal assisted program. The penalties for not having the insurance is that you will pay a tax. This tax will be one percent of your income in two thousand and fourteen and two-point five percent in two thousand and sixteen. However, they say the Obama Care is not a mandate, it is a tax. The Obama Care for America Plan aims to reform the health care industry by cutting out waste, reallocating where the government funds goes, fixing what does not work, and most of all ensuring that all Americans have healthcare.
The benefits of the policy is that if you make less than ninety-three thousand and seven hundred as a family, and forty-six thousand and twenty-one hundred as a single person, you and your love one will receive health insurance financing. If you purchase insurance through an online market financing will be available to help you pay your premiums.
In other words, you will not pay the full price for insurance. As far as the middle and lower income families, they will also get help with the out of pocket cost. Medicaid will be offered. Seniors will greatly benefit from the seven hundred and sixteen billion dollars of wasteful spending cut from the Medicare, and the closing of the donut whole gap. In addition, Obama care will include a number of protections for women, in which gives better access to preventative services. Mainly people are not denied, due to pre-existing problems.
Forty-seven million Americans lack health care insurance coverage since two-thousand and eight President Campaign season. Soaring unemployment since then have caused the ranks of the uninsured to swell past fifty million in mid two-thousand and nine. By the Government funded healthcare it would provide access to medical services for all uninsured. Lower cost of Government healthcare will cause insurance coverage to be significantly more accessible to millions of individuals and businesses.
The Obama Care affects, not only you, but also your family in many ways. For example if you already have insurance; the Obama Care will allow you to add your children up to twenty- six years old to your health insurance plan. With this act, it will make sure your insurance company, will not drop you if you become sick, and it will not limit the coverage you receive over a lifetime. The Obama Act will give you the same protection, even if you have a pre- existing problems, if the insurance company denies you coverage, the State will provide you temporary coverage. Today, many concerned people have health insurance, are worried that their insurance will be canceled, forcing them to go on the Obama Care.