What Obamacare was Supposed to do? What has it Done?

2,118 Views Updated: 12 Aug 2017
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What Obamacare was Supposed to do? What has it Done?

The Affordable Care Act is quite an overwhelming one initiated by (then) President Barack Obama. So, to make the complex easy, here are a few facts about Obamacare that you should know to get yourself covered. You should also know about the Obamacare failure facts to make the right decision.

You should also know about the Obamacare failure facts to make the right decision.

Obamacare/ Affordable Care Act

Essentially, you keep one major plan throughout the year, pay a fee each month that goes without coverage, fulfill the individual mandate (eligibility criteria) and check on the exceptions to stay informed. Officially called "The Patient Protection and Affordable Care Act," the Obamacare is basically a US law passed for the reformation of health care along with health insurance sector sustaining in America. The law was signed by Barack Obama on the 23rd March 2010 and Supreme Court confirmed it on 28th June 2012. However, after the election of President Trump and other repealing attempts, the Affordable Care Act continues to be the law of the land.

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Facts about Obamacare/ Affordable Care Act

#1. The fundamental goal of the Affordable Care Act is to lower the cost of medical care and medical aid.

#2. It's a game changer on how health care is being delivered.

#3. Medical records must be electronically registered instead of paper.

#4. Hospitals will not be paid on the basis of how many tests and procedures they get.

#5. Accountable Care Organizations are responsible for coordinating between your doctor and specialists.

#6. Health care and insurance plans have been drastically improved including the provision for at least ten essential health benefits.

#7. Despite the benefits, Obamacare is for the middle-class person and not the poor. One needs to sign up for the health insurance exchanges to be eligible.

#8. Obamacare failure facts include almost 60% of the eligible people who aren’t aware of the law.

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#9.  There’s no provision for any kind of aid for the illegal immigrants. However, community health care clinics are definitely supportive for their help.

#10. Amongst the facts about Obamacare is the one pertaining to the ten sections of the Affordable Care Act that do not relate to the act itself.

#11. The act promotes federal health care efforts, encourages a drug-free lifestyle, provides funding for scholarship and loans along with cutting down the supplier/ doctor fraudulent and abuse against seniors.

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#12. Obamacare facts lay employer mandate to providing coverage to the employees as well.

#13. Obamacare coverage can only be attained during the annual opening enrollment period.

#14. Affordable Care Act has its own success and failure. Some expectations excel while others draw criticism. 

#15. Only 20 million Americans have been covered so far.

More on: Obamacare Vs Trumpcare

Is it an Insurance Plan? 

Obamacare just works on carrying out reforms for the improvement of the health sector. It covers not just women but kids, seniors and those with mental illnesses. It’s not a perfect plan neither it is free but definitely, provides provisions that are quite necessary for Americans.

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What do you think has Obamacare done for the American citizens? Please let us know in the comments section!

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