Monday, November 30, 2015

Obamacare Failure

WOW....

Is Obamacare really a step towards the right direction? A total of $1.23 billion in federal taxpayer dollars has been sunk in 12 of 23 co ops created under Obamacare that have gone out of business, which is representing yet another, Obamacare failure. The co ops failure is due to low premiums, strict regulations, and too many people requiring payouts. "This was set up for failure from day one", "We're here because Obamacare was set up for failure, it was set up to encourage low premiums, to deceive the American public." Experts at the Galen Institute and the American Enterprise Institute announced that co ops were established due to the credibility that community members could join together to create health insurance companies. Co ups having low premiums, attract many customers. Moreover, premiums are expected to rise by 7.5% from last year. Furthermore, higher deductibles are expected as well. In addition, the Department of Health and Human Services finds that much of the increase is due to the expansion of Medicaid. Analysis of enrollment data shows that 9.25 million more Americans had health care insurance coverage, but the data also shows that the Affordable Care Act is responsible for almost all of the net increase coverage. The co op program was set up to give consumers more choices, promote competition, and improve quality in the health care insurance market. Now, with the closure of co ops, individuals might be forced to choose a new health care plan, potentially one they had turned down before due to the higher costs.


 

Thursday, November 5, 2015

HEALTH CARE IN OTHER COUNTRIES

On my first post, I had a comment regarding health care in other countries. I did some research and I found out that the Commonwealth Fund ranked the United States last regarding health care. Please read to find out more why these other countries are placed ahead of the U.S.! 

http://mic.com/articles/46063/7-countries-that-show-us-how-health-care-should-be-done

Wednesday, November 4, 2015


CONS...

  • Many individuals are paying higher premiums. 
  • If an individual is uninsured, you can be fined.
  • Taxes are rising, especially for the wealthier people.
  • Many businesses are cutting employee hours to avoid covering.


PROS...

  • Millions of Americans have health insurance that they never had before.
  • Health insurance isn't free, but it is more affordable for many individuals.
  • Individuals cannot be denied coverage because of a previous health issue.
  • Many screenings are covered.
  • Prescription drugs are more affordable.

Tuesday, November 3, 2015

Health Care reform is a step towards fixing our health care system. Individuals don't plan on getting sick, but we all know at some point in our lives we will. We want to be able to secure ourselves, and have the costs covered. With the Affordable Care Act signed by President Obama, it focuses on many things. One, Americans are provided with access to affordable health insurance. Two, the quality of heath care is enhanced, and lastly and most importantly it helps reduce health care spending in the United States. I think that health care is extremely significant for all individuals to have because it protects from the unexpected, and extreme costs.