ABC, NBC, Fox, World News, CNN, etc. All over on these popular news stations, they are reporting on ObamaCare or The Patient Protection and Affordable Care Act. It’s bad, it’s good; it’s the worst, it’s going to fail, we hate it, it’s the best, we love it. Such contradictions, what are we to believe? ObamaCare, what is it? What does it do for me? Is it expensive? Will I be approved? ObamaCare or PPACA, was signed in to law to reform (make changes to improve) the healthcare industry by President Obama, March 23, 2010. This was upheld by the Supreme Court on June 28, 2012. ObamaCare is a US healthcare reform law that expands and improves access to care and curbs spending through regulation and taxes. ObamaCare's goal is to give more Americans …show more content…
How do I get covered? Either through employer, government, own, or none. If a business has over 25 full-time employees, the owner has to offer coverage. People under 30, who cannot afford health insurance, and does not qualify for Medicaid and had a “hardship” exemption; they may be able to get a catastrophic plan. You can shop for for health insurance at Healthcare.gov, it is the official marketplace for health insurance. Also, if young people can stay on their parents plans until they are 26 years old, those who cannot stay can typically get a plan for $100 or less after subsidies. Tax Credits? Individual Mandate, the individual mandate requires that most Americans have to have and keep health insurance, or get an exemptions. If not, you pay a penalty. The mandate went into effect January 2014. The penalty for not having coverage will be paid from one's Federal Income Tax Returns for each full month one has not have health