Advice

What is Obamacare and how does it work?

What is Obamacare and how does it work?

What is Obamacare? The Patient Protection and Affordable Care Act – commonly referred to as the Affordable Care Act (ACA) and also known as Obamacare – is a sweeping piece of legislation passed by the 111th Congress and signed into law by President Barack Obama in 2010.

Are scammers strutting through Obamacare exchanges looking to defraud Americans?

Obamacare health insurance exchanges have swung open (kinda, sorta), which also means scam artists are strutting through them, looking for ways to defraud Americans eager to buy health coverage.

Are Obamacare navigators bogus?

Bogus Obamacare navigators. The Affordable Care Act created a designated breed of advisers known as navigators; they generally work at places like the United Way and local agencies and their job is to help the public sign up for coverage. But Kiplinger’s Kim Lankford recently wrote that fraudsters are calling and emailing posing as navigators.

What is the Affordable Care Act (Obamacare)?

The Affordable Care Act (ObamaCare) aims to provide more Americans with access to affordable health insurance. It also aims to improve the quality of healthcare and health insurance, to regulate the health insurance industry, and to reduce health care spending in the US.

Did the Obama administration make a mistake on Obamacare?

“We obviously made a huge mistake,” said Ezekiel J. Emanuel, who advised the Obama White House on health policy at the time. “We were under a lot of pressure to keep the price under a trillion dollars. That was constraining everything we did, from the size of the subsidies to what type of care could have no co-pay.”

Why are Obamacare premiums skyrocketing?

Premiums are skyrocketing. Earlier in 2016, the Obama administration admitted that Obamacare’s premiums would increase by an average of 25 percent, but attempted to spin it by suggesting that most people wouldn’t feel the increase because of higher subsidies to help offset the costs.

What are the biggest problems with Obamacare?

Here are the 11 biggest problems with Obamacare. 1. Premiums are skyrocketing. Earlier in 2016, the Obama administration admitted that Obamacare’s premiums would increase by an average of 25 percent, but attempted to spin it by suggesting that most people wouldn’t feel the increase because of higher subsidies to help offset the costs.