Obamacare why its good

I've also heard I will be penalized if I don't buy insurance. Does that mean I will go to jail? Pollitz said no one is going to jail over Obamacare.

But any American who meets certain income-based criteria must now, by law, have insurance, Medicare or Medicaid or pay a penalty that will be levied when you file your tax return. The government just announced a big exception to this financial penalty: For those who received a notice from their insurance company cancelling their old plan because it wasn't up to snuff with Obamacare standards, they'll be exempt from the penalty this year.

I've avoided signing up because I've heard the healthcare. After a disastrous start, Pollitz said that healthcare. For the most part, consumers report that they're able to sign up for a plan with few glitches. Most state exchange websites are performing much better too, Pollitz said, though some are still a mess.

We'll notify you here with news about. Turn on desktop notifications for breaking stories about interest? Comments 0. Top Stories. Frustration, defiance in village to be abandoned to the sea Nov 11, PM. President Obama claimed that the ACA provided significant cost containment, in that costs would have been even much higher if the ACA was not enacted. Further, he attributed cost reductions generally to the ACA, not taking into account factors such as the recession, increased out-of-pocket costs, increasing drug prices, and reduced coverage by insurers.

The final goal was improvement in quality. The effort to improve quality has led to the creation of dozens of new agencies, boards, commissions, and other government entities. In turn, practice management and regulatory compliance costs have increased. Structurally, solo and independent practices, which lack the capability to manage these new regulatory demands, have declined. Since , more than 71 million Americans have received at least one preventive service without cost-sharing.

In addition, the ACA is helping to improve the quality and efficiency of care for all Americans, contributing to better health outcomes while reducing costs. One striking example comes from an ACA initiative that gives hospitals incentives to reduce the number of patients returning to the hospital after discharge, such as by ensuring higher-quality care during the initial hospital stay or making appropriate arrangements for where patients will receive care after discharge.

Medicare has also funded community-based organizations that help patients move more smoothly from a hospital stay to care at home. Hospitals have responded to these programs, and, over the last three years, Medicare day hospital readmission rates have turned sharply lower, and are now more than a percentage point below their average level from to Through August , this decline corresponded to , avoided hospital readmissions. People who live longer, healthier lives will miss fewer days of work, are less likely to become disabled, will tend to spend more years in the workforce, and will be more productive while on the job.

For people with pre-existing medical conditions, purchasing coverage on their own was often unaffordable or even impossible since insurance companies could simply refuse to provide coverage. For others, buying coverage on their own meant living with the fear that their insurer would raise their premiums without warning or even cancel their policy altogether. This could have the effect of locking workers into jobs. This guarantee of access to health insurance has a variety of economic benefits.

Access to health insurance outside the workplace allows people to structure their careers in ways that make sense for them, like by taking time off to raise a family or by retiring when they want to. Taxes were also increased for people with high incomes.

Funding also comes from savings in Medicare payments. The wealthy are helping to subsidize insurance for the poor. Some economists, however, predict that in the long term, the ACA will help reduce the deficit and may eventually have a positive impact on the budget. The ACA website had a lot of technical problems when it was first launched.

This made it difficult for people to enroll and led to delays and lower-than-expected signups. The website problems were eventually fixed, but many consumers have complained that signing up for the right family or business coverage can be tricky.

In recent years, the enrollment period has also been shortened to between November 1 and December Many hospitals and public health agencies have set up programs to help guide consumers and business owners through the setup process. The ACA website also has sections devoted to explaining the procedures and available options. Opponents of Obamacare claimed the legislation would destroy jobs. The number of full-time jobs has gone up in recent years, but there are still reports of businesses cutting hours from employee schedules.

Business with 50 or more full-time employees must offer insurance or make payments to cover healthcare expenses for employees. By reducing hours, businesses are able to get by the hour-per-week definition of a full-time employee.

The ACA is subject to changes every year. Changes in the healthcare field, along with changes to the political makeup of future presidential administrations and Congress, make it likely that the ACA will continue to change for years to come.

This guide can help you understand Medicare and Medicare Advantage plans in North Carolina, eligibility for Medicare, enrollment information, and…. This guide will help you understand Medicare and Medicare Advantage plans in New York, eligibility for Medicare plans, enrollment resources, and….