Welcome to the Obamacare Calculator - please answer the following questions and click calculate to see what you might be eligible for under the new health reform laws.
ObamaCare: The Story of Health Care Reform in America
With the re-election of President Barack Obama and the ruling of the Supreme Court in favor of the ObamaCare , it is now the law of the land. Consequently, reforms have taken effect and more will follow in the years to come. The Affordable Health Care Act has impacted the lives of average Americans in ways one could only imagine. Healthcare costs have been reduced, coverage increased and the removal of overall burden of has become for the average American.
Insurance companies are now prohibited to drop your coverage if you get sick and discriminations for people with pre-existing condition have been eliminated. All thanks to ObamaCare.
ObamaCare Health reform may not be perfect but its sole aim is to benefit the people and eliminate monopoly of the healthcare industry.
We have all become aware of ObamaCare, yet what really is ObamaCare?
The Patient Protection and Affordable Act, popularly known as ObamaCare, is Obama's Health Care Reform. Marked into law on March 23, 2013, this bill aims to provide affordable health insurance to 44 million uninsured Americans and .minimize the growth in health care spending. The ObamaCare, like the "HillaryCare" and "RomneyCare", has a simple name with complex issues.
What is The Patient Protection and Affordable Care Act
It all began with the Affordable Health Care Act in 2009 followed by The Patient Protection Act and finally The Protection and Affordable Care Act 2010, "The Affordable Act" for short. President Barack Obama signed The Affordable Care Act into law on March 23,2010 after going through several changes.
What is The Health Care and Education Reconciliation Act
Signed into law along with "The Patient Protection and Affordable Care Act" are "The Health Care and Education Reconciliation Act of 2010" and "The Student Aid and Fiscal Responsibility Act". These two are officially part of the new healthcare law but are lesser-known aspect of the "ObamaCare".
Medicare and Medicaid are greatly improved in the ObamaCare health reform. Seniors will enjoy better services through increased budget of up to $716 billion taken from "waste" in Medicare and Medicare Part D "donut hole" will be closed further improving the quality of services that seniors get.
Obamacare Medicaid Expansion makes Medicaid accessible to 17 million of our nation's poorest. Unfortunately, states have the ability to opt-out of Medicaid Expansion putting the ObamaCare healthcare reform at risk. At last count, 16 states have opted out of Medicaid expansion.
Obamacare Enforces a Health Insurance Requirement
Tax penalties will be imposed on all non-exempt Americans without health insurance by the year 2014. ObamaCare makes it easier for low to middle income Americans to purchase health insurance , however for those making above 400% of the federal poverty line may pay more.
National Health Care Reform
ObamaCare not only promotes the expansion of Medicare and Medicaid but also implements state and federal Health Insurance Exchanges. It is a health care reform with an effort to make affordable health insurance available to more Americans at a national level.
Anti-ObamaCare supporters insist that the whole health care reform will take away things from people or give handouts to undeserving people, which is yet to be seen. The real aim of the ObamaCare is to provide affordable insurance to all Americans without the American Health Insurance companies monopolizing the health care industry.
ObamaCare Health Insurance Exchanges
The Affordable Care Act states that every legal resident of the United States of America will be able to shop for health insurance in their states online health insurance exchange. Low to middle income Americans can shop for regulated health insurance on Online Marketplaces called The "ObamaCare" Exchanges.
Basing on their individual needs and that of their families, Americans have the option to select between affordable and free health care choices and more expensive, private health care choices.
Obamacare Attempts to Cover Every Aspect of Health Care
Virtually every aspect of health care is covered by the ObamaCare including but not limited to mental health, care for seniors, child health, woman's health, care for our nation's poorest, drug coverage, free preventive care, check-ups for children and many more. Clearly, ObamaCare is the most radical change that has happened to our health care reform in recent memory.
Details of the Obamacare Health bill
The Patient Protection and Affordable Care Act ensures that more Americans have access to affordable medical health care. It aims to decrease the growth of healthcare spending and improve the whole healthcare system as a whole. First, let us discuss the fundamentals of the ObamaCare Bill and then its entirety.
Both political parties have been formulating laws to improve the quality of the American Health Care System. ObamaCare is the latest of these health care reforms in hopes of solving the existing problems within our health care system. The Patient Protection and Affordable Act, "The ObamaCare Bill", was passed in the Senate on December 24,2009 and in the House on March 21,2010. President Barack Obama signed it into law on March 23, 2010 and upheld in the Supreme Court on June 28, 2012.
Sections in the ObamaCare Bill:Title I. Quality, Affordable Health Care for All Americans Title II. The Role of Public Programs Title III. Improving the Quality and Efficiency of Health Care Title IV. Prevention of Chronic Disease and Improving Public Health Title V. Health Care Workforce Title VI. Transparency and Program Integrity Title VII. Improving Access to Innovative Medical Therapies Title VIII. Community Living Assistance Services and Supports Act (CLASS Act) Title IX. Revenue Provisions Title X. Reauthorization of the Indian Health Care Improvement Act
The Importance of ObamaCare
The Health Care Industry in the United States has always been controlled by private for-profit companies. Due to the lack of regulation, companies are able to set unfair rates, offer limited coverage, deny of health care based on pre-existing conditions and even kick people off of their insurance for getting sick. Quality care can only be accessed by those who can afford it and never by all.
This is where Obamacare comes in. Obamacare ensures that insurance is made more affordable for all and expand the coverage to more Americans.
Highlights of the ObamaCare Bill
The following are just a few of the Acts and Reforms that comprise the ObamaCare Bill.1. All Americans can purchase or be provided with health care based off their income 2. You cannot be rejected for health care based on gender. 3. There will be no longer be annual limits, or lifetime limits on the amount of care a patient needs and receives. 4. Insurance companies cannot reject people with pre-existing conditions. 5. Tax credits will be given to companies that provide employees with insurance. 6. Insurance companies cannot increase the cost of coverage without due reason.