Submitted by: Submitted by Kplasters
Views: 31
Words: 384
Pages: 2
Category: Science and Technology
Date Submitted: 03/04/2015 07:01 PM
Pros
1. It creates a place where individuals, families, and small businesses can get affordable health insurance.
2. Requires insurance companies to cover people with pre-existing health conditions.
3. Helps you understand the coverage you’re getting.
4. Holds insurance companies accountable for rate increases
5. Makes it illegal for health insurance companies to arbitrarily cancel your health insurance just because you get sick.
6. Protects your choice of Doctors.
7. Covers young adults under 26.
8. Provides free preventative care
9. Ends lifetime yearly dollar limits on coverage of essential health benefits.
10. Are able to get help with breast feedings.
11. Covered contraceptive methods.
12. Mental and Behavioral health services are essential health benefits
13. Having the right to appeal the decision and have reviewed by a third party.
14. Allows you to make “apples-to-apples” comparisons when looking for a plan.
15. Could benefit a particular group of business people: Entrepreneurs.
Cons
16. In order to get money to help insure tens of millions, there new taxes mainly on high earners.
17. The individual mandate says that you have to obtain health care coverage by January 2014.
18. Medicare is expanding using federal and state funding.
19. CHIP is also using federal and state funding.
20. Insurance must cover sick people and this increases the cost of everyone’s insurance.
21. The employer mandate says that in 2015 businesses with over 50 full-times employees must provide healthcare coverage. In anticipation, they have cut hours.
22. Young people tend to be healthy and not need coverage as often as elderly Americans.
23. Some Medicare payments to doctors and hospitals have been limited.
24. Insurance premiums have increased to insurers having to provide covered services.
25. Obamacare focuses more on making sure people are covered, rather than cost.
26.30.1 Million people currently buy their own private insurance. Many...