The Obamacare Act has changed a bit over the years. You must know what Obamacare is first in order to fully understand it. Obamacare, or the Patient Protection and Affordable Care Act (PPACA), became a law and was signed by former President Barrack Obama on March 23, 2010. The goal was to reform the healthcare industry. The Supreme Court upheld this law on June 28, 2012. Another goal for this law was so that more U.S. citizens, or Americans, could have access to affordable health insurance of good quality and to also reduce, or decrease, the growth of healthcare spending in the United States of America. This act/law expands the availability, quality, and the affordability of public, as well as private, health insurance through regulations, …show more content…
In 2017, there were increases in rates. In fact, 70 out of 100 percent of marketplace customers were actually able to still get a plan that was less than seventy-five dollars. There was 80 out of 100 percent of people who were able to get a plan for less than one-hundred dollars. Cost assistance is actually based on low income, so that is why it was possible. Obamacare does not take the place of Medicaid, Medicare, or private insurance. Also, regulating your healthcare does not happen through Obamacare. It will only regulate health insurance and the worst practices of the for-profit healthcare industry. In 2017, when Donald Trump became President of the United States of America, he began the process to repeal and defund Obamacare. Nothing has passed yet, though. There could be another appeal in the future that may include: privatized "block-grants" for Medicaid, age based tax credits, defunding of planned parenthood, the complete eradication of out-of-pocket cost assistance, the eradication of employer as well as individual mandates, and finally the eradication of taxes and lots on