Health Insurance
Obamacare (the Patient Protection and Affordable Care Act-PPACA) is a United States federal statue signed into law by President Barack Obama on March 23, 2010; it represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965. There are many things that make Obamacare good and bad for this country as a whole. The debate: will it last or will it benefit the U.S. for the future?
Obamacare is the unofficial name for “The Patient Protection and Affordable Care Act”; it was enacted with the goals of increasing the quality and affordability of health insurance, lowering the uninsured rate by expanding public and private insurance coverage, and reducing the costs of healthcare for individuals and the government; it introduced a number of different stuff- including mandates, subsidies, and insurance exchanges- meant to increase coverage and affordability. Obamacare offers a number of new benefits, rights and protections, including provisions that let young adults stay on their parents plan until 26; stop insurance companies from dropping you when you’re sick or if you make an honest mistake on your application, prevent against gender discrimination, stop insurance companies from making unjustified rate hikes, do away with life-time and annual limits, give you the right to a rapid appeal of insurance company decisions, expand coverage to tens of millions, subsidize health insurance costs, and require all insurers to cover people with pre-existing conditions. Obamacare also include the requirement that all non-grandfathered health insurance plans cover preventive services and provide new Essential Health Benefits; it doesn’t regulate your health care, it regulates health insurance and some of the worst practices of the for-profit health care industry.
There are some positive things in the Affordable Care Act have to offer; According to obamacarefacts.com, “Over 100 million Americans have already
Obamacare is the unofficial name for “The Patient Protection and Affordable Care Act”; it was enacted with the goals of increasing the quality and affordability of health insurance, lowering the uninsured rate by expanding public and private insurance coverage, and reducing the costs of healthcare for individuals and the government; it introduced a number of different stuff- including mandates, subsidies, and insurance exchanges- meant to increase coverage and affordability. Obamacare offers a number of new benefits, rights and protections, including provisions that let young adults stay on their parents plan until 26; stop insurance companies from dropping you when you’re sick or if you make an honest mistake on your application, prevent against gender discrimination, stop insurance companies from making unjustified rate hikes, do away with life-time and annual limits, give you the right to a rapid appeal of insurance company decisions, expand coverage to tens of millions, subsidize health insurance costs, and require all insurers to cover people with pre-existing conditions. Obamacare also include the requirement that all non-grandfathered health insurance plans cover preventive services and provide new Essential Health Benefits; it doesn’t regulate your health care, it regulates health insurance and some of the worst practices of the for-profit health care industry.
There are some positive things in the Affordable Care Act have to offer; According to obamacarefacts.com, “Over 100 million Americans have already