How Obama Affect Medical Debt in America
There are quite a number of benefits that the Obama care has presented to Americans. Although it may take a while for one to fully enjoy these benefits, in the long run, one gets to experience various protections to not just themselves but to their entire families. Some of these benefits include the following:
One can never be dropped by their particular insurance companies when they fall sick regardless of their financial wellbeing.
Senior citizens are afforded better protection and health care.
There has been a significant improvement on the provision of women’s health services.
There are no limits to one’s healthcare.
Advantages of the Obama Care
The Obama care further provides medical bill assistance to families that earn less than $93,700. Such families are provided with health insurance financing to enable them to pay for their premiums whenever they purchase a health insurance online. This simply means that these families won’t have to pay the full costs of medical insurance required to cover their entire family. Similarly, the middle and low income families will also be helped out with different medic-aid and out-of-pocket costs. At such, starting early next year on January 1st 2014, other benefits that Americans are bound to enjoy include being able to benefit from the maternity care, preventive care, pediatric care, laboratory services, emergency services, outpatient, mental health, dental care and hospitalizations care programs among others.
People with different kinds of debts will also be able to benefit from the Obama care for there is certainly a provision set aside to help with medical debt issues. This will be availed by ensuring the protection of individuals with medical debts such that health insurers will be prohibited from ever cancelling anyone’s policy no matter how much in debt they are and, allowing people to appeal to an independent reviewer in case of a misunderstanding with their insurance company.
Other substantial benefits include the enabling of young adults of up to 26 years to remain on their parents plan as well as an inclusion of individuals with pre-existing conditions to no longer have to be denied a health cover but can instead apply for a temporary pre-existing condition plan within their state of residence.
Disadvantages of the Obama Care
With the government largely involved in the people’s health care, the whole process is more likely to become less efficient with time; the insurance companies are most likely to suffer intensely from these new conditions put up by the government and, the Obama care only creates a provision for the basic health care which is definitely not good enough.
More about Obama Care and learn about what you can do to minimize your medical debt and organizations that might be able to help. Check out the custom solutions option, it makes it easy to filter results based on your situation.
Category: Medical Insurance
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