President Barack Obama Will Focus on Health Care and Economy

After his week-long vacation the US President’s agenda includes primarily to reform the nation’s health care system and strengthen the economy.

The Affordable Care Act is implemented to expand federal health care to those who need it, while encouraging Americans in all age groups to buy health insurance. “If you do not have insurance, beginning on October 1st, private plans will actually compete for your business. You can comparison shop in an online marketplace, just like you would for cell phone plans or plane tickets. You may be eligible for new tax credits to help you afford the plan that’s right for you. And if you are in the up to half of all Americans who have been sick or have a preexisting condition, this law means that beginning January 1st, insurance companies have to cover you," he said.

What is Medicare / Medicaid? - Eligibility - Payment - Reference
Medicaid / Medicare are different governmental programs that provide medical and health-related services to specific groups of people in U.S. and managed by Centers for Medicare and Medicaid Services.

Health care spending accounts for one-seventh of the U.S economy which will soon increase to one fifth in the near future. The Affordable Care Act passed in 2010 is set to control costs. The Republicans Tim Griffins and Todd Young are of the opinion that this law will be a total failure. “Republicans will continue to do everything we can to protect all Americans from the president’s top-down, one-size-fits-all, Washington-knows-best approach to health care that is driving up costs and hurting our economy," said Griffin.

Young added, “The sooner we can delay, dismantle, and repeal the president’s health-care law, the sooner we can get people back to work and focus on expanding opportunity for everyone.” The president feels that the Republicans are putting partisanship ahead of Americans’ health-care needs. “A lot of Republicans seem to believe that if they can gum up the works and make this law fail, they will somehow be sticking it to me. But they would just be sticking it to you. Your health insurance is not something to play politics with. Our economy is not something to play politics with," he said.

References:

Survey Finds Doctors Are Not Ready or Willing to Take Charge in Cutting Health Care Costs
A physician survey in JAMA shows that a majority of physicians look to lawyers, insurance companies, drug and device manufacturers and patients to control health care costs.

Hannah Punitha (IRDA Licence Number: 2710062)

Michael Brown, August 2013

New Yorkers Will See a 50% Fall in Their Health Care Premiums
With the advantages of The Affordable Health Care for individual policies, it won’t be long before the uninsured people of New York are joining ranks of the insured.

Source-Medindia

Nearly a Million Americans may Choose to Leave Their Jobs Due to Affordable Care Act
Around 500,000 to 900,000 people in the US may leave their jobs due to Affordable Care Act, according to the conclusions of a new study.