Government Shutdown

Pros & Cons of Obama Care

Obama Care Pros

Health Care reform national health care plan to reforming the American health care system provides access to affordable health care with good quality reduced spending in health care

Obama Care
Expands Medicaid and Medicare to provide healthcare for over 44 million people everyone making 400% or less of the federal property level are eligible for health care assistance 400% is $46,000 for an individual. $93,500 for families

Obama Care
Cannot be taken from the system because of health or gender related reasons Given to people who have full time jobs Tax credits, breaks and other assistance

Obama Care
Affordable Care Act was signed in 2010, but health care reforms will roll out until 2022 Biggest reforms will take place in 2014

Obama Care
works to be available to all U.S residents who cant afford quality health care takes away responsibility of healthcare companies dealing with your healthcare.

Obama Care
Employers with over 50 full-time employees must pay a penalty or pay for standard coverage when having Obama Care having <25 full-time employees will allow the employer to qualify for tax breaks, tax credits

Obama Care
Increased consumer protection from being dropped while sick from being denied because of lifetime limits from being denied care for preexisting conditions in legal standings with health insurance companies

Obama Care
unless you make over $200k as an individual or $250k as a family you dont have to pay tax levies in 2014 you must pay 1% tax or get health insurance in 2016 the tax will go up to 2.5%

Obama Care Cons

Americans might lose their doctors regulations say Depending on the plan you choose in the Marketplace, you may be able to keep your current doctor (Unsure)

Obama Care
Americans may lose their health plans
people with high deductibles

insurance plans dont qualify for Obama care

reviewed as half-true and difficult to predict

Obama Care
20 new increased taxes on Obama Care taxes on investment income, medicine payroll, the individual and employer mandates, insurance companies, insurance plans, innovator drug companies, medical device manufacture, (etc.)

Obama Care
long-term federal deficit will increase $6.2 trillion dollars 40% of small businesses froze hiring Job hours will be cut 24% of small businesses plan to cut to 50%> employees to not pay penalty for health insurance

Obama Care
higher Medicare costs Seniors might lose Medicare 49% of Americans disapprove of the plans More than 39 percent want it repealed

Obama Care
Some children may be uninsured Anthem Blue Cross and Aetna agreed to stop selling new policies Insurers say the law may create large and unexpected costs

Obama Care
61% of Americans expect the care to worsen over the next two years under Obamacare Doctors even expect worsening care less private seeing because of low reimbursement rates from Medicare and Medicaid

Senario
A 28 year old making $35,000/year paying for health insurance would pay about $180 dollars a month.