October 2016

Achievements Of And Challenges For Obamacare

obamacarePresident Obama, in a meeting in Miami, told the public that his successor would face challenges in continuing Obamacare. The 2010 Affordable care act was a starter home of a law that was fixing the US health system. Under this law, many insurance companies in the state are facing chaos as people who are under the high- risk tab is rushing to take insurance. This situation creates difficulty for the younger and healthier people. While Obama was delivering the speech, people have pointed some challenges in the law.

pt_1057_22736_oThe public pointed out that Obamacare is almost collapsing. The insurance companies are asking for high premium which lower income and middle- income group cannot afford. The President assured that anyone can buy insurance for the first time regardless of their medical condition. Obama said that there are many Americans who have medical insurance through their employers. Many people believed that the law would have been successful if it was based completely on the government health system. Obama told that point of Obamacare is to make sure of giving help to the public.

The President said the main reason behind coming to Florida, is to acknowledge the concerns over the impact of the law. Millions of Americans are still out there without proper medical insurance. The Insurance companies are in confusion as to whom they should give cover and whom they should not give cover. He also mentioned the challenges for Obamacare. Some were expanding the eligibility for Medicaid in 19 states and increasing the tax credit for potential enrollees etc. Obama was seen requesting the Democrats to continue working with the next president. The President’s closing thoughts was on the new season for coverage as the law begins on Nov.1 and he said that everyone could go to healthcare.gov to check for the latest updates on insurance.

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