Obamacare Facts | What is Obamacare?
Welcome to Obamacare Facts 101 | Let the truth be told!
In the U.S. there is no public health system like those in Europe, or more
specifically in Spain. Health coverage is in the hands of private
insurance, and Americans access them through group policies paid by
companies where they work, or directly from health insurance carriers.
And although in the latter case, prices and admission to policies
currently prevent access of large layers of the population specially
those with pre-existing conditions (in other words, those who need
health coverage the most). The affordable Care Act (aka “ACA”,
“OBamacare”, “Healthcare Reform”) was borned.
“It is estimated that some 30 million of Americans are without health
What is Obamacare? Can I get an Obamacare Summary?
As you may have heard, the Supreme Court of the United States
ratified as constitutional the controversial health reform known as
"Obama Care." But even this plan also called the "affordable plan"
(Affordable Health Care plan) - will provide health care to millions of
deserving Americans. And although there are still many who the law,
the main reason is because of the intricate way this law is written and
they also feel obligated to pay for nothing. However, Obamacare
Facts 101 on the contrary will help you understand the law and
educate you so that you can understand what are the benefits the
law actually provides.
For example, the phrase "individual mandate"
(individual mandate) which is strictly sounds to
indicate that all who are currently working or have
sufficient income will be forced to buy health care
coverage. However, that's where the Supreme
Court intervened today to clarify the law, saying
that instead of being a "mandate" this law will be
classified as a "tax" which is something the
government can establish and regulate according
to the income of the person.
Obamacare Facts 101 - More about what is obamacare
The Patient Protection and Affordable Care Act (PPACA), commonly
called Obamacare or the Affordable Care Act, is a United States
federal statute signed into law by President Barack Obama on March
23, 2010. Together with the Health Care and Education Reconciliation
Act, it represents the most significant government expansion and
regulatory overhaul of the U.S. healthcare system since the passage of
Medicare and Medicaid in 1965.
PPACA is aimed primarily at decreasing the number of uninsured
Americans and reducing the overall costs of health care. It provides a
number of mechanisms-including mandates, subsidies, and tax credits-
to employers and individuals in order to increase the coverage rate.
Additional reforms are aimed at improving healthcare outcomes and
streamlining the delivery of health care. PPACA requires insurance
companies to cover all applicants and offer the same rates regardless
of pre-existing conditions or sex. The Congressional Budget Office
projected that PPACA will lower both future deficits and Medicare
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