Obamacare


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Obamacare

An informal term for the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. The two bills changed how health insurance functions in the United States. Among other provisions, Obamacare expanded eligibility of Medicaid and required most Americans to purchase health insurance. It also set up exchanges in the several states so insurers could compete with each other to provide the most cost effectiveness for consumers. It provided subsidies for health insurance premiums. Proponents argue Obamacare makes health insurance more affordable, while critics contend it is too expensive and constitutes excessive government interference in the U.S. economy. The legislation is named for U.S. President Barack Obama, who promoted it.
References in periodicals archive ?
Today we are closer than ever to sending ObamaCare to the ash heap of history and opening the door for much-needed market-based solutions to health insurance.
We) finally did away with the individual mandate tax that was established under that wonderful bill called Obamacare," Hatch said.
About 20 states in the US have sued the federal government seeking an end to Obamacare.
United States], November 24 ( ANI ): Attacking the ObamaCare, United States President Donald Trump has vowed to repeal and replace it after the Republican tax cut bill is signed into law.
Trump's order was his most concrete step to undo Obamacare since he took office in January after promising voters he would dismantle the 2010 law.
So, when the Republican leadership presumes to keep ObamaCare in place in part and tweak it, or diminish its scope but infuse it with funding to keep it on life support, it is embarking on no less than mission impossible, as an anti-market, government-run paternalistic health care system never can be successful.
Under Obamacare, the US Government subsidises insurance companies who offer reduced costs for low and middle income people.
The President said he was disappointed by the failure and suggested he might let the insurance markets created under Obamacare go under and then try to work with Democrats on a rescue.
The Washington Post/ABC News poll, released on Monday, shows 50 percent prefer Obamacare while only 24 percent prefer the Republican health plan, also called Trumpcare.
For more than seven years, Republicans ran on promises to repeal Obamacare.
At any rate, my wife, Sally Pipes, a health care expert and inveterate critic of Obamacare, knows a health care schmozzle when she sees one.
President Donald Trump took aim at Obamacare once again on Tuesday (June 13), calling it a catastrophe while adding that he hopes the Senate comes through with a solution on healthcare.