|
“How will Obamacare affect me?” – This is one of the most common questions with regards to Obamacare. Since it was signed into law by President Barack Obama, thousands of detractors have cropped up, shedding light on the alleged negative effects of Obamacare or Patient Protection and Affordable Care Act (PPACA). Many people believe that the PPACA will do more harm than good. This Obamacare Summary enumerates some important provisions from the said health care reform: • Obamacare aims to provide quality health care to every citizen in America, regardless of income, gender, sexuality and race. Through mandated taxes, Obamacare is set to make health insurance more affordable. • Obamacare drives an expansion in Medicaid, increasing physician payments to level with Medicare. This will give people more options when it comes to choosing a doctor. • Americans who earn 400% above the line of poverty will pay more for their insurance while most of the population will pay less. • This reform also pushes new taxes to a small portion of the population. These taxes are placed on some businesses like medical gadgets manufacturers and indoor tanning services. • People who can’t afford to buy health insurance can get assistance for upfront payments through the Health Insurance Exchanges as well as Medicaid and Medicare. • Obamacare exempts families and individuals from taxes if they make less than $200k - $250k per year. • Employers who have more than 50 employees working for them must provide insurance to their workers. Every employee should be insured under their employers or their employer would have to face a penalty of $2000 per person. • Employers who have less than 25 employees may seek assistance for insuring their employees from the government or may qualify for tax breaks and tax credits. • Obamacare makes medical coverage affordable to the lower and middle class by establishing health insurance exchanges and rebates. • People from the Congress and their Congressional staff will be offered the same insurance as the average citizens rather than Federal insurance. • Preventive health services are offered to women for free. These services include gestational diabetes screenings, DNA and HPV testing, mammograms and colonoscopies. Different guidance and counseling services are also made accessible to women. These counseling services include domestic violence counseling and Sexually Transmitted Infections counseling. The pointers in this Obamacare Summary are not even half of the totality of the PPACA. Obamacare has plenty of provisions that every American should acquaint themselves with in order to have a full grasp of the impact this health reform could bring into their lives.
Related Articles -
obamacare summary, obama care summary, obamaCare Information, obama care information,
| 
