Nov 11, 2013
As for myself, I’m uncertain if ObamaCare is personally good for me yet. One thing is clear. What ever stance you have taken on the new Affordable Care Act, there is an awful lot of controversy surrounding it, and still very many unanswered questions.
Federal regulations establish minimum standards for the medical insurance industry in the United States.
English: Barack Obama signing the Patient Protection and Affordable Care Act at the White House (Photo credit: Wikipedia)
States are expected to improve on these minimum standards based on the needs of their residents. This is what it states on the official healthcare site at healthcare.org
In a failed attempt a portion of the Republic Party actually shut down the federal government, by failing to pass a budget in an effort to delay the bill that was signed into law by President Barack Obama on March 23, 2010.
As a person who has been self employed for almost the last decade, I am interested in learning about the plan.
In a surprising survey, many people were unaware of the law being implemented, especially younger people. Perhaps because like myself they have been fortunate to have good health.
Please help me out here? What’s the deal? Is Obama Care good for Americans or not? It represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965.
The Patient Protection and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA) or “Obamacare”, is a United States federal statute signed into law by President Barack Obama on March 23, 2010.
Patient Protection and Affordable Care Act – Wikipedia, the free encyclopedia
It seems there is some good and some bad aspects to ObamaCare.
So where does that leave the Patrick Tumultys of the world? He probably wouldn’t have been able to keep his policy — but as he discovered, it wasn’t worth keeping.
Shopping for insurance today, he wouldn’t be denied coverage, or charged vastly more, because of his expensive pre-existing condition. His insurer wouldn’t be able to wriggle out of paying bills because of that condition. He would have been able to afford a checkup (with no-copayment) that might have detected his disease earlier. His policy would cover his expensive prescription medications. He wouldn’t have to worry about bumping up against annual and lifetime limits on benefits.
Obama Voters Shocked By Obamacare Cancellations Skyrocketing Rates.
With millions of Americans receiving Obamacare-induced health insurance cancellation letters, several of President Barack Obama’s supporters are experiencing sticker shock and expressing regret.
“I was really shocked,” said Colorado Obamacare supporter Cathy Wagner upon receiving her cancellation notice. “All of my hopes were sort of dashed. Oh my gosh, President Obama, this is not what we hoped for, it’s not what we were told.”
Remember There’s Good About ObamaCare Too Column
image credit Bloomberg via Getty Images
Facts of ObamaCare inside look at the pros and cons of the new health law.
The Bad: According to a study completed by the Association of American Medical Colleges, America is projected to have a shortage of 91,500 doctors by the year 2020 due in part to an overwhelming negative view that many of them have on Obamacare. In fact, a survey completed by The Doctors Company, found that 60% of doctors feel that the pressure to reduce costs, increase volume, and improve quality will have a negative effect on patient care, causing 43% of physicians to also contemplate early retirement.
Oversight Committee – Now That Doesn’t Sound Good.
Congress has held five hearings on the law just since the health insurance exchanges launched on Oct. 1. Two more hearings are scheduled for this week. There have been four subpoenas, and dozens of requests for information that have yielded nearly daily revelations.
The Obama Apology – A Presidential Apology.
Insurers are sending cancellation notices to some of the 12 million Americans whose individual policies don’t meet Obamacare requirements for more comprehensive care.
Obama got into trouble for repeatedly saying over the years that Americans could keep their plans if they liked them under Obamacare. That proved untrue in a number of cases, prompting a political uproar in Washington and further unnerving Democrats already rattled by the website failure.
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Tags: Affordable Care Act, Barack Obama, Democratic, Financial Services, Insurance, Obamacare, Patient Protection and Affordable Care Act, United States
Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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