How beneficial is ObamaCare really?

By Anthony Sestito
October 10, 2013

For the past few months we have been bombarded with commercials and ads about ObamaCare. Many of us just blow it off like it’s nothing major, but it is. Many Americans do not have health insurance today, due to job loss or unemployment. While unemployed it is hard to find a well-paying job with all of the benefits for you and your family. Living day to day without health insurance is risky enough, but now with the new laws in ObamaCare, people who do not have insurance are going to be given a fine.

Obama is faced with spending the next four months defending a law that many Americans do not approve of. The new 2,700 page health law is full of bad ideas that will hurt many Americans. The part of the law that is the least popular is the Individual Mandate that has been declared a tax. The individual mandate is a requirement by law that certain persons purchase or otherwise obtain a good or service. The mandate states you have to obtain health coverage by January 2014 or get an exemption, or you will have to pay a fee if you can afford it. There is the problem right there. Families whose income is low will not be able to cover this. So on top of buying a plan they are hit with an additional charge of $95, for not being covered before. Most poor families (except in some southern states) will have their entire health insurance covered by the federal government.

Another issue with the new law is the health coverage. Although the coverage starts after 2014 it will include new preventative services and essential health benefits, the insurance premiums have increased due to insurers having to provide covered services. You have the right to choose what doctor you want to see but with ObamaCare your doctor may not be included, forcing you to pay more or go to another doctor. This does not seem fair.

But here is the best part, tens of millions of uninsured people will get access to affordable quality health insurance through the marketplace. But where is the money coming from to pay for all of this? In order to get the money to help insure the tens of millions, there will be new taxes. The new taxes will be focused mostly on high-earners. For example the employer mandate law. All businesses with 50 or more full-time employees need to provide their staff health insurance or face a tax penalty. It all sounds great, help ten million people get health care but WE are paying for it.

As of right now our National debt is $16,749,480,559,867. The debt continues to increase $1.83 billion per day since September 30, 2012. I believe that we should be focusing more on our debt than the laws of health care. Taxing the wealthy is not the answer. Health care should be affordable for every person no matter their marital status or income. We proclaim that everyone is created equal, so why should one person have to pay more than the next for health care?

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Anthony Sestito

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