So what are the actual facts? Not the Fox News "facts", not the 7 second Republican sound bite "facts" - the actual, for real facts....
In my research I've discovered this:
- Its called the Patient Protection and Affordable Care Act of 2010 - ObamaCare was coined as a way to demonize it.
- In 2010 as part of the Act - small businesses received tax credits to cover up to 35% of their total employee premium payments. This increases to 50% in 2014 <-- this seems good - health coverage expenses for small businesses is brutal often resulting in those workers not getting any coverage - then going to emergency room for every single thing.
- 2010 - Children were allowed to stay on their parents' health insurance until they turn 26 - since unemployment is so high especially of recent graduates, this seems like a good idea.
- 2010 -Insurance companies were prohibited from dropping coverage if someone got really sick. They couldn't create lifetime coverage limits. They could no longer deny coverage to children with pre-existing conditions. The same will apply to adults in 2014. Until then, adults with pre-existing conditions who have been denied coverage will get access to temporary health insurance coverage until the exchanges are set up. <-- this seems logical. It was a terrible thing for some big profit insurance company to drop you because you got sick, terrible and very common.
- New private plans were required to cover preventive services with no
co-payments, and they are exempt from deductibles. Consumers who applied to new
plans have access to an external appeals process if coverage is denied. - I noticed that we got this benefit on my insurance at work last year. I didn't realize why, I thought the insurance company was being nice but really, they were required. Imagine going for a check up and not paying anything! If you catch a problem early the costs to solve it and the morality rates are way better. Hmmm another logical point.
Ok, wow, there are so many things - tomorrow I'll cover the changes in 2011 that took effect. To me - so far these are not bad things. I can't really see anything horrible thus far. You might say, well, how are we supposed to pay for all this? Well - if you fix people in a doctors office rather then an emergency room, its cheaper. If you cure someone of stage 1 cancer its cheaper than curing them of stage 3 cancer - called early detection.