An Overview Of Obamacare And The Changes It Brings Your Way

One question a lot of people are asking in these current times - given the fact that "Obamacare" (the Patient Protection and Affordable Care Act, or PPACA) was upheld so recently, is exactly what this means for them, and exactly the manner in which their health care needs and requirements will change; while the PPACA is certainly complicated and multi-layered, however, here is a look at some of the basic things that these changes will mean for you.

One of the main things that is going to change immediately for you is that health insurance companies can no longer impose "lifetime limits" on people - in other words, they can no longer tell a person that they "do not qualify for further health care due to the amount they have used throughout their lifetime"; furthermore, there are restrictions on the yearly limits health insurance providers can impose.

Of course, most of the changes that will seriously affect you will occur in the year 2014 - starting with the fact that every American citizen who is deemed to be able to afford health care will be required to have it by the start of that year; what's more, this rule is being brought about because of the fact that health insurance agencies will no longer be able to deny coverage based on pre-existing conditions. Medicaid will also be available for those whose income is up to 133% of the poverty line, and businesses with 50 or more employees will be required to provide health care for their employees.

And as all these things are changing in the health care industry, there is also a chance things will change even more in the year 2017, depending on where you live at the time, as states will be allowed to run their own health care system at that point if they are able to propose a system that will provide the same level of care, at the same price, as is provided by the PPACA. For instance: the state of Vermont is considering the idea of instituting tax-supported health care, where every person in the state would be covered, and where everyone would pay for the state's health care plan through their taxes.

If you already have health insurance on your own, there is a very good chance that nothing will change for you - and in fact, even if you have health insurance through the company for which you work, things will probably remain the same for you; if you do not have health insurance already, however, things are going to start changing - in some ways, for the better, and in other ways (depending, of course, on your perspective) for the worse!


Article Source: Rick D Roach