The Affordable Care Act celebrates its one year anniversary today. Nevertheless, not all of its beneficiaries are rooting in its support. There are definite early signs of success for this bill, including increased insurance access for thousands of children with pre-existing health conditions, drug prescription support for seniors on Medicare, tax credits for small businesses, and extended coverage for young individuals on their parents' plans (THANK GOD:)!!). However, many conservatives and libertarians are still looking for ways to repeal the hell out of this bill. And a few U.S. states, such as Virginia, are still fighting hard to retain their state rights--arguing that the Obamacare is unconstitutional. (Obama did acknowledge this problem a couple of weeks ago, when he endorsed a proposal that allowed states to opt out of federal health care reform requirements in 2014 so long as the state provides a viable and comparable plan). Other problems are also quickly arising, such as increased rates of employee reductions in many small businesses across the nation. In light of the economy, business owners are doing as much as possible to pinch each penny, even if this means downsizing their company to avoid entering into the employee mandate. At the most recent U.S. Chamer of Commerce press call, two small business owners were featured to discuss how the health care reform coverage mandates will inevitably raise costs for employers and make them less likely to hire more workers. While it is still too early to tell, especially considering the outrageous amount of pro-reform demonstrations Washington D.C. will experience later on today, Obamacare did survive to see its first birthday. Yet, the following year will be crucial in determining its longterm success and if the ACA will ever see another birthday again.
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off to rejoice now!
ReplyDelete-kyla