The Obama Care Reform Program should be called the Patient Protection and Affordable Care Act, the most important medical-related legislation since the establishment of the US health insurance system in 1965.
This article by President Obama analyzes the publicly available survey reports from government and research institutions from 1963 to the beginning of 2016. A comprehensive review of the Obamacare reform:
On March 23, 2010, President Obama signed the affordable health care reform bill after several years. It takes about eight years from the beginning to the completion of this bill.
The main content is probably like this:
(1) Insurance companies must provide the same amount of insurance for groups of the same age and gender nationwide, and may not be adjusted according to the physical condition of the insured. In other words, both healthy and sick people pay the same premium. Before the medical reform, if a healthy person waits until he or she is sick, the insurance company has the right to refuse or charge a higher fee.
(2) Expand the scope of government medical insurance Medicaid, where the income of people under the poverty line of 133% is covered by the government. Insurance subsidies are provided to families with a poverty line income below 400%.
(3) Companies that employ more than 50 people must pay a fine if they do not buy medical insurance for their employees. Individuals who do not join the insurance may also be fined. The government requires everyone to buy insurance and decide if you can afford it based on your income level. If the income is not enough, the government will give a little subsidy according to the situation. But if the income is enough to refuse to buy, the government will punish it.
(4) The government grants more subsidies to elderly medical care, while allowing young people under the age of 26 to stay in their parents' family insurance plans. The original rule was that adults over the age of 18 must purchase insurance themselves. Of course, the insurance premiums for these young people who are not separated from home are still to be paid by their parents.
(5) The law stipulates the details of the insurance plan, including what drugs to pay, surgery, examinations, and so on.
Since 2010, the bill has been implemented for nearly half of the bill. What exactly has this bill brought? Let's see what the president says?
What did the “Obamacare reform†bring?
In 2008, more than one in seven Americans still lacked coverage for health insurance. In the same year, 16% of the nation's economic income was invested in medical care. In 1998, this figure was 13%.
So, what have been the changes to American society since the Obamacare reform?
1. Increase in medical insurance coverage
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