Obamacare Is Coming. Are You Ready?

By Author: spurtz seo
Total Articles: 45
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2014 is going to be a revolutionary year for the health care and health insurance systems in the United States of America. That’s the year that the Affordable Healthcare Act…more commonly referred to as Obamacare…starts to come into effect. So, the question on the minds of many in this country is, “How will Obamacare affect me?” Well, it may not really touch you at all. Here’s a simple summary of how Obamacare works.

Let’s start by discussing unemployment rates. Over the past so many years, the unemployment rate has hovered around 7 to 8 percent. Those are hundreds of thousands of unemployed folks without a source of income and without the benefits of a health insurance plan. Obamacare will tackle this problem in a couple of ways. For those who are underemployed or unemployed but have the financial wherewithal, Obamacare will require them to choose from a variety of health care providers—forcing them to have healthcare or risk paying additional taxes for going without.

For the underemployed or the unemployed who fall into the category of financially unviable—meaning those who’s annual income ...
... either doesn’t require them to file taxes or those where the cost of health insurance would be more than 8 percent of their income—those people will be able to fall upon an expanded version of our country’s current Medicaid program, allowing them to receive quality health insurance and health care without the financial burden.

There is another class of individuals that this