The 1st of October was a red-letter day for the Affordable Care Act, a signature policy that President Obama has put underway, through which uninsured citizens may purchase health-care coverage from the new online medical care “exchanges” that have opened on this day. Put simply, by the first of January 2014 every American is required by law to be medically insured (if not, they will pay penalties). In the first year penalties are not extraordinary (they may reach around $95 per person, or within a family no more than 1 percent of the family income) but as time goes by, they may increase as much as sevenfold and can even reach $700 per person in the next two years (with a family maximum of around $2100 or 2.5 percent of the total family income).
As a minimum insurance plan must cover essentials such as hospital or doctor visits, maternity care, prescription drugs and mental care, citizens who are already insured through their employer, Medicaid, Medicare, Children’s Health Insurance Program, Veterans Healthcare, Tricare, Peace Corps plans and many others are exempted from buying these insurance policies online, or at least this is what the new health care reform promises.
This program is designed to allow any American citizen to find health insurance that is affordable, easy to get to and most of all, qualitative. But already, there seem to be glitches in this seemingly foolproof plan. For one, citizens who are already paying for insurance bought off the individual market are surprised to see cancellation notices or offers for coverage at ridiculously increased rates. As the minimum requirements for benefits were not met in the old plans, insurance companies find themselves forced to cover costs at all circumstances.
There are examples of families that have received healthcare offers which were increased from $380 per month to almost $1,200, even though deductibles remained unchanged.
What remains a point of criticism when it comes to Obamacare, is that the requirements are clearly separate for individuals and businesses. This is because while an individual is mandated to buy an insurance plan by the 1st of next year, businesses are exempted from this rule and can have an extra year without having to meet the requirements. Citizens surely have issues with this matter, as it is no easy task having to watch businesses which seem not to be thrown off balance by this new act, while being forced to decide for a health plan even when you want none.
The explanation is quite simple – since more than 95 percent of businesses are already enrolled in health insurance plans with their employees; the remainder would clearly not change market numbers considerably enough to make a difference. And although there is an ethical issue to be discussed, as individuals are not permitted to delay their enrollment, but businesses can, the issue at hand is that this bill is meant to offer citizens more good than anything else. Even young people, who feel nothing can touch them, may very well find themselves a car accident away from a life of debt due to unpaid hospital bills.
The truth is that this bill is going to make a lot of people happy that could never have dreamt of the possibility of entering a hospital without fear of the ever-asked question: “are you insured?” Critique is possible with every new thing but the real question is if such critique is necessary.
Staying on Schedule When Traveling With Family
There is a lot of planning that goes into traveling with your family, especially if you are trying to stick...
Do You Need a Lawyer When Filing for Divorce?
Since divorce is a relatively common legal proceeding, some couples opt for a DIY approach. They decide to download the...
Unique First Home Gifts For Your Loved Ones
If one of your loved ones is moving into their first home, we have the perfect gifts for you. Each...
Should Your Business Offer International Shipping?
In today’s world, many businesses have the opportunity to reach a global audience and find new ways to grow. But,...
Why Isn’t Your Company Website Seeing Traffic?
Are you hooked? Do you check your website’s Google Analytics frequently, only to be disappointed every time you see it? ...
Resources and Assistance For The Parents Of Children With Autism
Raising a child with autism can be a challenge. For most neurotypical people (i.e., those who do not have autism),...
How to Improve Your Company Parking Lot Safety For Your Employees
When your workers park in the corporate lot, you want them to feel comfortable and protected. Your staff shouldn’t have...
Legacy Application Modernization – The Enterprise Perspective
The global application modernization services market size is expected to grow from USD 11.4 billion in 2020 to USD 24.8...
What You Need to Know Before Sending Important Packages
Many of us have at least once in our life faced the task of sending something to another city or...
4 Most Efficient Drainage Systems For Flat Roofs
The matter of drainage is the essential function of your roof. In fact, the very shape of a roof (a...
Google Algorithm Updates to Expect by The End Of 2021
Google’s algorithm updates tend to come with a lot of uncertainty and questions, and getting ahead of them is the...
Cozy Home Office Setup Tips For 2021
Whether you work from home or have set out a place for something you like such as crafting, studying, or...
Garden Party Ideas For Everyone
No one can make “a perfect’’ garden party, but we are all able to throw an amazing one. Of course,...
How To Find Low Competition Long Tail Keywords Using Free Tools
Keywords are the most fundamental and highest ROI activity when it comes to SEM and SEO. Having the right keywords,...
Top Tips For Healthy Family Meals On A Budget
A healthy diet is not very difficult to follow since there is a lot of information available on the Internet...
Tech7 years ago
Creating An e-Commerce Website
Tech7 years ago
Design Template Guidelines For Mobile Apps
Business6 years ago
The Key Types Of Brochure Printing Services
Travel9 years ago
Who Else Wants Also Nfl Hat
General6 years ago
Kobe Bryant With His Unique Nba Jerseys
Tech7 years ago
Why Small Businesses Can't Ignore Mobile Technology
Tech7 years ago
Climb Google Using These Checklists
Health8 years ago
Health Supplements For Sports Activities Nutrition