The Patient Protection and Affordable Care Act, known as Obamacare, is the largest overhaul of the US healthcare system since the 1960s. The Affordable Care Act also known as Obamacare, aimed to extend health insurance coverage to some of the estimated 15% of the US population who lack it. Those people receive no coverage from their employers and are not covered by US health programs for the poor and the elderly. To achieve this, the law requires all Americans to have health insurance, but offers subsidies to make coverage more affordable and aims to reduce the cost of insurance by bringing younger, healthier people into the health insurance system.
Obamacare also requires businesses with more than 50 full-time employees to offer health coverage, although this provision was delayed until 2015 to allow more time for compliance. The law creates marketplaces where individuals can compare prices as they shop for coverage. In addition, the law bans insurance companies from denying health coverage to people with preexisting health conditions, allows young people to remain on their parents' plans until age 26, and expands eligibility for the government-run Medicaid health programs for the poor. The ultimate goal for the law was to slow the growth of healthcare spending in the United Sates, since the US has the highest healthcare spending in the world.
Obamacare was to be in full swing in 2014, and it is 2014 and everyone is a least a little anti-Obamacare, and why not? The open enrollment period for purchasing health insurance on the government-run exchanges is officially over as of Monday evening. The total number of Americans insured through the federal and state-run insurance marketplace could reach over seven million, despite the increase of disapproval of Obamacare. Many conservatives believe the Obama administration is overstating the numbers. The problem with the numbers is the administration has not revealed how many of these enrollees have made their first payment.
There are a few people that are benefiting from the Affordable Care Act, but many are losing, and a majority of them are seniors. There are many individuals losing out because of Obamacare, young people, healthy people, sick people, and others. The people that are losing in this Obamacare are people whose new insurance is more expensive and less satisfactory because of the new regulations. People are losing jobs because their employer cannot afford the mandates. Many seniors had found with the Affordable Care Act not only did their premiums go up but the insurance coverage went down. In addition, seniors are losing because their Medicare Advantage program will be peeled back, or the local hospitals are no longer taking the Medicare Advantage because of the cuts to Part A. Many seniors have found their premiums up and their coverage down and back into the position of not being able to afford healthcare. Furthermore, they are also worried about Medicare and with Medicare cuts, how much more of their coverage will decrease and their Medicare advantage plans increase in cost.
In the celebration of April fool’s day, let’s take a look at how the American public were fooled by Obama’s record of dishonest healthcare promises like “keep your doctor,” and then Obama admitted Americans wouldn’t be able to keep their doctor after saying for years that they could. Another dishonest healthcare promise was “keep your plan,” and then millions lost their healthcare coverage with the implementation of Obamacare. Seniors here is an added injury for you with Obamacare, on April 7th the Obama Administration is scheduled to finalize deep Medicare Advantage cuts that would result in more seniors losing access to their doctors.