ObamaCare known as the “Patient Protection” (PPACA) and “Affordable Care Act (ACA)” were signed into the law by President Barack Obama on March 23rd, 2010. ObamaCare is paid through collected taxes, penalties, spending cuts and reformations to the health care industry. All of the money is used to fund the program and subsidized health insurance to improve Medicare, and expands Medicaid. ObamaCare is a positive impact for Americans. It will help many uninsured Americans have access to affordable, quality health insurance, and offers new benefits, rights and protections to their healthcare. ObamaCare also reduce the growth in healthcare spending, the current $2.8 trillion U.S healthcare system cost nine thousand a year for every men, women and …show more content…
ObamaCare eliminates pre-existing condition which means Americans cannot be denied from coverage, charged more or be denied from treatment based on their health history as long as they are a qualified US citizen. However, Americans can have their insurance get cancelled for non-payment or fraud. Health insurance companies agreed to cover Americans and give them all the same essential health benefits but in return it is mandated that everyone needs to have health insurance by 2014 or pay a fee. On January 1st, 2014 ObamaCare eliminate discrimination in health insurance and health care. Before ObamaCare women paid up to a $1 billion more than men a year for the same health insurance, since January 1 women were not allowed to be charged more than men. Americans cannot be charged more due to gender, their health or health history, pre-exisiting conditions, duration of coverage, occupation, and small employer size and industry. ObamaCare also eliminates annual and lifetime dollar limits on essential health benefits. Dollar limits are the amount Americans insurance company pay for their treatment after they have reached their deductible. ObamaCare will benefit many Americans by eliminating and providing rights to