The Patient Protection and Affordable Care Act (PPACA) is also called Obamacare. It was signed by U.S President Barack Obama in 2010. Obamacare will make it mandatory for all employers to pay for health benefits of all those who are employed with them. If the employers don’t do this, more taxes will be piled up on them. So no medical benefits to employees, means higher taxes for employers, and a lesser hiring rate.
Obamacare stipulates that the government will run the healthcare system in the United States of America. Medical benefits will be distributed equally. Medical healthcare choices will now be made for you not by your insurance provider, but by the folks in the government.
Obamacare wants all individuals to hold an individual insurance policy. Nobody should say “I do not want insurance”. Even if they do, they end up paying more takes.
So what are the benefits of Obamacare? Analysts believe that by marginalizing private insurance companies, the government will stop the doctor-insurance company clandestine nexus. Also, medical healthcare will be less-priced. You don’t have to pay a lot of money as premium to the insurance company. Too much insurance payment is ruining America. People spend their lives paying a lot of insurance money. Obamacare wants to end this forever.
Now coming to the limitations on Obamacare; Obamacare is making medical insurance coverage mandatory for individuals. In a democratic country, taking an insurance policy and not taking one is a matter of choice, and not compulsion. Sometimes, folks do not take individual insurance. This does not mean they get heavily taxed!
President Obama is now looking for funds for this healthcare administration overhaul. He is planning to tax the wealthy to drive in money. Again, this is not the right thing to do in democratic America. Don’t use others food, for another’s fodder, cry government critics.
The American Medical Association has condemned the Obamacare policy. A government-supported insurance plan is something that they don’t want to happen, and at any cost. Policies like Obamacare have strayed from America’s central democratic theme – the right to life, liberty, happiness, and choice.