Healthcare Reform Bill: The Effects Of This Healthcare Reform

By Jeffrey Paulsen on November 30, 2010, 11:37 am Posted in Finance News

The astonishing victory began on March 21, 2010, when Congress finally passed the Health Care Reform Bill to make insurance more affordable for working families. President Obama and his cabinet members had been working since the beginning of his presidency in early 2009 to pass the reform bill. He says the reform bill is to benefit all working class Americans. However, there are politicians and news reports that says otherwise. President Obama says its purpose is to expand the government role in health care and to make the US health care more affordable for all Americans.

How This Will Affect Americans

According to a CNBC report the day after the bill passed, the current health care system that passed both chambers of Congress requires Americans to buy their health insurance similar to the way they buy auto insurance for their vehicles. The report also says the marketplace for private health sectors would expand as more Americans would have to purchase their health insurance in order to have good coverage. The finance for the new health care system will rely on high income Americans in the form of higher Medicare coverage costs, health insurance companies offering higher cost plans, manufacturers for medical advice and employers who don’t provide health insurance to their workers. However, President Obama has called for controlling the health care costs that he claims threatens to bankrupt businesses, families and government.

 

What It Means For Workers

Many Americans who get their health care benefits through their job will have to make a decision regarding their health care. According to a recent article published by the Washington Times, many experts and industry insiders expect the insurance rates to rise and for employers to shift more of the health care costs onto employees. This means employees would have to pay their employers for health care coverage.

Related posts:

  1. Cigna CEO: Healthcare Reform Bill Doesn’t Stop Upping of Premiums
  2. Why Health Reform Needs Change, And What Parts Of It Need Changing
  3. Health Care Reform: Will The New Congress Change It
  4. Health Care Reform: Healthcare vs. Medical Care and Their Costs
  5. Election Results 2010: Will Results Change Health Care Reform


2 Responses to “Healthcare Reform Bill: The Effects Of This Healthcare Reform”

  1. Marshall Wright says:

    It is against judicial law for any governing body in the United States to require that Americans buy health care plans. It is the responsibility of the Government to make it affordable for Americans to choose what health care programs they desire. It would be prudent for the Government to continue subsidizing low income families and individuals as the present system is. It is a matter of eliminating wasteful medical costs and improving services available to patients. The President would be wise to take another course of action. Many citizens cannot afford to maintain a forced monthly premium. It would be wiser to create a law that requires no citizen from being denied medical and dental services. In other words, a law that gives the right for all American citizens to receive medical and dental services regardless of their financial status and, the cost is to be based upon a family or, individual’s income. Let us look at this in the light of truth and humanity and put aside these petty little disputes that grandstand distractions which only waste valuable time from more important issues.

  2. Margie says:

    It was dark when I woke. This is a ray of sunsinhe.

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