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Is Obamacare a Good Thing or a Bad Thing?

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Many people do not understand Obamacare. While some people believe that Obamacare is a bad thing, others do not. In fact there are those who think that Obamacare is a great thing. Making your own decision about the topic requires some basic research, knowledge, and understand. The following might be able to help you with being able to figure out if Obamacare is going to be the right choice for you or not.

5 Reasons People Believe Obamacare To Be a Good Thing

  1. Students are now allowed to be on their parents’ health care insurance until they are 26. This is a great thing for students who plan on attending graduate school and had previously been worried about how they would afford insurance.
  2. There are previsions in the law that can help you if your child needs dental care and you are part of a lower income. Great Grins for Kids can offer you all of the dental care that your child needs. There are even people that you can talk to you about how you can afford to give your child the smile that he or she deserves.
  3. Obamacare is going to offer a lot of preventative care. Those who are on Medicare as well as women will be able to have the preventative care that they need.
  4. No one who has a pre-existing condition can be denied health care insurance. In addition children who have pre-existing conditions are going to be able to have the insurance that they need.
  5. In the future it will be illegal for insurance to have a maximum coverage cap which means that insurance is going to be responsible for payouts regardless.

Obamacare can be something that is helpful for families and for those who are in need of medical insurance.

5 Reasons People Believe Obamacare To Be a Bad Thing

  1. There has been a continous rise in premium costs since the introduction of Obamacare. This has been serious and has made it hard for some families and individuals to be able to afford health care insurance at all.
  2. Some people are finding that since they can no longer afford their premiums that they must go without insurance at all.
  3. When Obamacare was drafted it was believed that the states would increase their Medicaid programs so that those in the state would not have to do without insurance. For some states this was not an option unless they wanted to go further into debt. If they go further into debt it is likely that they are going to have a weaker economy, which means fewer jobs.
  4. There are a lot of new taxes with Obamacare. Other taxes are being increased. This means that you will probably be paying more in taxes. This is why Obamacare in Oregon and other red states seems to be halted from taking effect. With the right calculator for taxes, figuring out what you can expect to pay should be fairly simple.
  5. Medicare is going to have payments cut. This means that the elderly and those who are retired are going to likely have an increase in their overall costs of insurance.

Many of these issues were looked at in an article that we publishled last year about students and the impact that Obamacare would have on them.