Hiding the True Cost of Obamacare; Nationalized Health Care Will Mean Fewer People Are Covered
The projected costs of Obamacare are dropping. That's the conclusion of the nonpartisan Congressional Budget Office, which forecasts that the federal health program will cost$142 billion, or 11 percent, lessover the next decade than it had earlier projected. The agency cited two primary reasons ...
The cost of Obamacare (aka the Affordable Care Act) plans fell for a third straight year in 2021. That’s according tonew data analyzed by the Urban Institute. The report shows that the national average benchmark premium offered under the Affordable Care Act fell by 1.7% from 2020 to 2021...
There are many pros and cons to the Affordable Care Act. There are many benefits to ObamaCare, especially for families and businesses with low and middle incomes.
Here are the key provisions of the Affordable Care Act (ACA) that have significantly impacted health insurance coverage and consumer protections: Elimination of Lifetime Limits on Coverage:Prohibits lifetime limits on essential health benefits, providing continuous coverage for high-cost medical needs....
Obamacare has placed a strong emphasis on preventive care and wellness initiatives. The legislation mandates that insurance plans cover a range of preventive services, such as vaccinations and screenings, without cost-sharing. By prioritizing preventive care, Obamacare seeks to shift the focus from ...
But even here, remedies could evolve. States might use their state-run exchanges to funnel so many applicants to a single, low-cost insurer that the insurer becomes, in effect, a single payer. Vermont is already moving in this direction. In this way, the Affordable Care Act could become ...
You might be wondering how Obamacare gets funded. After all, with such a large increase in the way that benefits are distributed, the cost of Obamacare could skyrocket if not funded through various means. Nothing in life is free, and the ACA makes sure that affordable healthcare stays affor...
>>> If people had a clue how much they were really spending on health care, if skipping out on that dr visit for the common cold which NO doctor can really help were even a passing thought through most people’s minds, I think the cost of health care would reduce. ...
“I think Obamacare was a very brave effort to include more Americans in the healthcare system. The problem with it though is that there was compromise required to get it passed, which limited its ability to address the quality of care and more importantly the cost of care.” Sponsored Sto...