What’s OBAMACARE Worth? Is it free for anyone, for the poor, low income patients, students, unemployed? Is Obamacare really affordable?
Understanding the dynamics of ObamaCare, also known as the Patient Protection and Affordable Care Act can be a bit difficult – and even deceiving to some.
While yes, it is required by most who make over a certain salary annually – unless otherwise already insured – it is designed with the general public’s best interest in mind.
Defining who ObamaCare is targeted at, or who it benefits the most can be a bit of a complex task. Whether for the poor, unemployed, or college students, the requirements, benefits, and changes annually to the Affordable Health Care act are great and many.
It should firstly be understood that the ObamaCare plan was not created to service people with an alternative to healthcare insurance – although it does have minimum coverage options and benefits.
In fact, what ObamaCare really does if not anything is make healthcare coverage by major healthcare carriers, and government ran ones such as Medicaid, more affordable to those living at or under the poverty line, as well as some whom might be considered as ‘middle class’.
Ironically enough, the ObamaCare plans have gone above and beyond to also force most employers to offer (affordable) healthcare insurance, yet it also provides tax kick-backs to compliant employers and those that voluntarily enroll and provide or offer such services to their employees.
ObamaCare generally speaking, does indeed most benefit individuals of low-income status, such as college students for example – and perhaps in some cases carry benefits for the homeless. However, at best, ObamaCare might be seen to only reinforce some cheaper plans already available from the government for those that can’t afford it, though ultimately is mostly directed at those making some sort of income – which for some, might in of itself seem quite contradictory in nature.
In 2016, for example, up to 1 in 6 Americans had taken advantage of the Affordable Healthcare Act, and found policy plans for as little as $100 per month or less.
This however, understandably, is not a solution for those that have no income at all, or have a higher debt to salary ratio, or cost of living to salary.
Essentially, the Affordable Healthcare act can be especially beneficial for those that require out-of-coverage ER visits, and reinforces the routine of those whom are insured by any caliber of health insurance to remain within the realms of insurance-recognized health providers or institutions.
So again, the Affordable Healthcare Plan implemented by president Barrack Obama seamlessly rears it’s obvious purpose of reinforcing individuals properly registering for, and utilizing (the benefits) of their healthcare plan. Lastly, “ObamaCare” is especially unique and considerably a ‘milestone’ in American health insurance coverage history, considering how greatly it acts to protect, prevent, and penalize insurance companies from many previously discriminatory requirements or acts against the insured.