The Benefits of Obamacare

The Benefits of Obamacare
by
David Schlecht

I went to Google and searched for a list of benefits of Obamacare. The only things I could find in the first five pages (before I gave up) were right-wing think tank pages full of lies and distortions.Have they no morals left on the right?

In other words, there’s no way for the average American to get an honest list of their benefits from Obamacare. No wonder! Every single American should be overjoyed about the fact that we have finally started to get a handle on our out-of-control medical insurance industry. Yeah for us, America!

But, the majority of sites that Google shows are all about how Obama’s commin’ for yur guns and you gramma. I’m surprised every American doesn’t believe this garbage, these lies, from the party of low morals.

So, I decided to try to compile a list of my own that people can read so they can make a fair and unbiased decision on how best to benefit from Obamacare.

Before I start, though, I want to let the ambitious amongst us know that you can download the whole 1,000 pages of the bill and read it for yourself. Also, there is a very nice interactive tool that can help walk you through the parts of the law that benefit you specifically.

One last point, due to opposition from the Republican party, much of the law couldn’t go into effect immediately, so when you read the list of benefits, remember that some don’t take effect right away.

So, let’s get to the list of benefits:

Benefits of ObamaCare

  • New tax credits are helping small business owners with the cost of providing health insurance for employees,
  • Young adults can now stay on their parents’ insurance until age 26,
  • Parents whose child is born with birth defects and childhood diseases won’t have to fight to keep their kids healthy because insurance companies are now prohibited from denying coverage for children with pre-existing conditions or placing lifetime limits on care
  • Seniors are getting help with the cost of their medications, giving them peace of mind and putting more money in their pockets
  • An additional 2.5 million young adults have gained coverage since September 2010
  • Nearly 54 million Americans with private health insurance, including approximately 20.4 million women have received preventive health services such as cancer screenings and immunizations at no additional cost (learn more about the health care law and preventive services and health care law and women)
  • The average senior on Medicare will save $4,200 on their health care by 2021, and more than 5.1 million people on Medicare have already saved an average of $635 each on prescription drug costs (read more on the health care law, seniors, and Medicare)
  • Families and small business are saving money on health care, and families who purchase private health insurance through exchanges that begin in 2014 could save up to $2,300 on their health care each year (learn more on the health care law and cost control)
  • No more insurance cancellations when people get sick.

Benefits for Women:

  • Being a woman is no longer a “pre-existing condition.”
  • Insurance companies can’t charge you more for being a woman either
  • Having a pap smear still sucks, but at least you don’t have to shell out a co-pay for it
  • You also don’t need a co-pay for birth control anymore
  • Have kids? Or want to? The law helps with that too.

 

9 thoughts on “The Benefits of Obamacare”

  1. You are missing the most important benefits. The benefit of keeping medical costs down. Now insurance companies have to spend between 80% and 85% of their revenue actually providing health care instead of bringing home $1.7 billion in profit. That’s bigger than anything else.

    The second biggest benefit is in helping reduce our expenses in Medicare and Medicaid.

    The third biggest is the money we ALL save by not having to pay emergency room costs for routine care for the uninsured.

    All total, these have the potential to save each and every one of us many thousands of dollars a year.

  2. I can’t tell you how important this no-recision law will be. No more kicking people off the insurance because they start to file claims. Disgusting insurance companies. We should outlaw for-profit insurance in America like the rest of the civilized world has done.

    1. The government site, healthcare.gov is awful. There is no easy way to find a list of benefits or pitfalls. Lousy! Thanks for listing things here.

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