Future Of Obama Care Essay

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TERM PAPER ON THE FUTURE OF OBAMACARE DIVIJA TAKKALAPELLY IDNO- 2452854 ABSTRACT Indeed the official name for "Obama Care" is the Patient Protection and Affordable Care Act (PPACA). It is also commonly referred to as Obama care, health care reform, or the Affordable Care Act (ACA). Moreover the Affordable Care Act was signed into law to reform the health care industry by President Barack Obama on March 23, 2010 and upheld by the Supreme Court on June 28, 2012. Furthermore Obama Care's goal is to give more Americans access to affordable, quality health insurance, and to reduce the growth in health care spending in the U.S through consumer protections, regulations,…show more content…
The "Obama Care" Exchanges are Online Marketplaces where low to middle income Americans can shop for regulated health insurance. HOW TO BUY INSURANCE UNDER OBAMACARE There are four types of "metal plans" (bronze, silver, gold, and platinum) available on the marketplace as well as a catastrophic plan for those under 30 and those who had their plan canceled due to the ACA. You can also use the marketplace to sign up for Medicaid and CHIP. Medicare and other health insurance programs are signed up for separately. You can still buy private insurance through a broker or direct from a provider. OBAMA CARE MEDICARE REFORMS Obama Care cuts $716 billion (gross) in Medicare and Medicare Advantage related spending and reinvests it back into both Medicare and other aspects of the Affordable Care Act. OBAMA CARE MEDICAID
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