Published November 25th, 2014 by Stephanie
One of the more recent terminologies that we have heard about during the past 5 years is “Obamacare.” Indeed, the word has been bandied around like a ping pong ball going back and forth across the net. The official name for Obamacare is the Patient Protection and Affordable Care Act or PPACA. It goes by other names such as the ACA or healthcare reform. It was signed into law in March of 2010 and was upheld two years later in June of 2012 by the US Supreme Court.
So what exactly is the big deal with Obamacare? In order to answer that question, you have to understand the goal and intent of the law. The 3-part goal of the ACA was to:
In reality, Medicaid and Medicare are not being replaced by Obamacare as it is not a form of healthcare regulation. It does regulate the healthcare industry but it also eliminates and prevents the worst healthcare practices that have been occurring regularly in the for-profit medical industry.
From its inception up until now, Obamacare was and still is extremely controversial among the American public, businesses, and numerous politicians in the US Congress. This is due in part to the complexity of the legislation itself. There is also the fact that most of the advantages appear to target uninsured individuals. On the other hand, the disadvantages seem to be accruing against businesses and individuals that are incurring the higher cost of operation and those who pay more taxes.
On a positive note, Obamacare does offer numerous benefits, protections, and rights that were non-existent prior to the passage of the ACA. This includes:
Another key concern among many Americans regarding the ACA is medication assistance for prescription prices. This is an area of concern for 2 of those groups of individuals mentioned above under the section entitled “Goal and Intent of Obamacare” specifically those people who don’t have healthcare insurance or those who do not have enough of it.
The USA Rx pharmacy discount card has enabled many Americans to save money on their prescription medications and it is accepted at over 60,000 pharmacies throughout the US. For more information about this FREE savings card, contact us today:
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