The Health Reform
The health reform, or the Patient Protection and Affordable Care Act went into effect on Thursday, September 23, 2010. Many people do not understand what this act is about.
This law includes numerous provisions that will take effect over a four-year period. Some of the changes that will be seen are in expanding Medicaid eligibility, assistance with insurance premiums, providing incentives for businesses to provide health care benefits, not allowing denial coverage or claims based on pre-existing conditions in children, getting health insurance exchanges, and support for medical research.
This will not come without a cost. Most of this money is coming from taxes. Insurance companies are changing the way they make policies, such as eliminating individual child policies. This particular example means that people will have fewer options when trying to get insurance for their children.
Critics have much to say about this reform. It has been said that the healthy will be paying for the sick. It has also been said that our health care policies are much like those of socialist countries. Are the critics right? Will the healthy be paying for the sick? Are we moving toward socialism? Time will tell.