First let's cover the basics of the Obamacare Bill, then the Full Obamacare Bill. Obamacare, also known as The Patient Protection and Affordable Care Act, is President Obama's health care reform bill. Obama's health care reform, which is laid out in the Obamacare Bill, has been working (since it was signed into law in 2010) to ensure that more US citizens have access to healthcare. It also aims to decrease rate of growth of health care spending and to reform the system as a whole to run smoother, fairer and more effectively.
Let's take a quick look at the history on the ObamaCare bill. Democrats and Republicans have been working to create laws to reform the American health care system for decades. Obamacare is the most recent version of health care reform and is designed to fix the current issues with the healthcare system.
"The ObamaCare bill" officially known as The Patient Protection and Affordable Care Act, was passed in the senate on December 24, 2009, passed in the house on March 21, 2010, signed into law by President Obama on March 23rd, 2010 and upheld in the supreme court on June 28, 2012.
You can download the Full ObamaCare Bill here: Full Patient Protection and Affordable Care Act (ObamaCare) Bill
The Obamacare Bill is comprised of ten titles. Each title covers an area of HealthCare reform. Let's do a quick overview and summary of the Bill. Get a complete summary of each title in the Affordable Care Act Bill
Title I. Quality, Affordable Health Care for All Americans
Title II. The Role of Public Programs
Title III. Improving the Quality and Efficiency of Health Care
Title IV. Prevention of Chronic Disease and Improving Public Health
Title V. Health Care Workforce
Title VI. Transparency and Program Integrity
Title VII. Improving Access to Innovative Medical Therapies
Title VIII. Community Living Assistance Services and Supports Act (CLASS Act)
Title IX. Revenue Provisions
Title X. Reauthorization of the Indian Health Care Improvement Act
In the United States health care has always been a private for-profit industry. It's prices are tightly controlled and many of it's practices have been deemed unfair. The way health care has always worked is citizens who can afford insurance purchase get access to quality care while those who cannot afford insurance, or otherwise gain it through programs like Medicaid or Medicare, can only seek medical care through emergency room visits. The ObamaCare bill aims to reform all of these aspects of health care.
Beyond the basic issues with the health care system, insurance companies have been in long need of regulation. Unfair and unjustified rate hikes, limited coverage and denial of health care based off of pre-existing conditions had been the norm until ObamaCare enacted provisions to curb these issues. Until ObamaCare made it illegal, insurance companies could even kick citizens off of their insurance for getting sick!
On March 23, 2010 President Obama signed the Patient Protection and Affordable Care Act into law. At the same time he also signed in the Health Care and Education Reconciliation Act, these Acts seek to overhaul the current healthcare system. By signing these Acts, "ObamaCare" became the biggest overhaul to healthcare reform since Medicare / Medicaid which was signed into law in 1965. We won't get into the specific details of every thing that ObamaCare does, however let's take a quick overview of the basics of the ObamaCare bill.
The following are just a few of the Acts and Reforms that comprise the Obamacare Bill (you can download the full text above, or check out the other pages on this site for further facts), however let's look at some things that Obamacare does do:
1. There can be no discrimination based on gender.
2. Insurance companies can't take away coverage from sick people.
3. Insurance companies must be able to justify any increase in the cost of coverage.
4. All Americans will have an option to purchase or be provided with healthcare based off their income and employment.
5. Americans cannot be denied coverage based off of pre-existing conditions.
6. No co-pays for things like domestic violence screening, birth control or other key medical expenses.
7. There will be no annual limits, nor will there be lifetime limits on the amount of care a patient needs.
8. Small businesses may receive tax credits for providing their workers with insurance.
ObamaCare is the law. This means that the Obamacare Bill will be reshaping the healthcare industry in the years to come. Make sure to read the whole Patient Protection and Affordable Care Act / The Obamacare Bill on this page to help you decide where you stand on Obama's Healthcare reform.