In 2010, the present US President Barack Obama had introduced the Affordable Health Care Act. This act is said to have revolutionized the healthcare industry. Exactly, what does this act say? How does it change the scene in any little way? How many people will really gain by it? We shall try to find the answers of these very questions in the following paragraphs.
The Affordable Health Care (AHC) act is designed to aid especially the low-income group of the American citizens. As per this law, a certain income-group of US will be able to avail health insurances at very low or free premium charges. The poor won’t have to make anymore a choice between food and health. They can get free healthcare services and can also insure their life. The law offers new rights and protections to make health coverage as fair as possible. People shall have more choice and control over their healthcare plans. Because of the vital role played by Mr. Obama behind the commencement of this law, this act is sometimes referred to as the “Obamacare”.
It does change the healthcare scenario in a great many ways. According to www.healthcare.gov, AHC does the following:-
• “Creates the Health Insurance Marketplace, a new way for individuals, families, and small businesses to get health coverage
• Requires insurance companies to cover people with pre-existing health conditions
• Helps you understand the coverage you’re getting
• Holds insurance companies accountable for rate increases
• Makes it illegal for health insurance companies to arbitrarily cancel your health insurance just because you get sick
• Protects your choice of doctors
• Covers young adults under 26
• Provides free preventive care
• Ends lifetime and yearly dollar limits on coverage of essential health benefits
• Guarantees your right to appeal”
Around a million of US citizens will qualify for the zero-premium health coverage plans. “Three independent estimates by Wall Street analysts and a consulting firm say up to seven million people could qualify for the plans.” These plans have been broadly divided into two categories: bronze plan (the less expensive ones) and silver plan (the costlier ones). All the plans limit annual expenditures of individuals to $6,350 and of families to $12,700. It has been found that more than half of the people who qualify for the zero-premium plans are young (under 39 years of age) and are still uninsured. The US government is actively encouraging the young people to enroll for the policies.
Since the act, with the basic idea is to make the medical facilities widely available and affordable, is achieving quite a remarkable level of success, the AHC act is being applauded by most medical experts.
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