Medical and Health Insurance

Obamacare Advantage and Disadvantage

Two years after its approval in Congress, the Affordable Care Act or Obamacare Florida law in charge of reforming healthcare in the US remains the center of debate between Democrats and Republicans. Obamacare Florida pros and cons continue to go back and forth. The law is nearly 2,000 pages of complex regulations that make it almost impossible to generalize as great or disastrous in its entirety. Reform is basically a bag of proposals, many without any relationship between them and with items that were added in last-minute negotiations.

It is without a doubt that the most controversial stipulation within the law is that purchasing healthcare coverage is mandatory. The mandate also known as individual mandate affects individuals and businesses and those who do not follow the mandate of purchasing healthcare will pay penalty or fines. According to some Republicans, the individual mandate threatens the principle of individual freedom, where everyone is free to spend their income as desired.

The democratic answer to the republican challenge to the individual mandate is that individual freedom ends when your actions affect the rest of society. For example, taxpayers are never to let die when they have an accident, so it is appropriate to require everyone to have health insurance, because if they do not, the rest of the taxpayers will have to subsidize those who choose not to purchase healthcare. Another part of the law that is seen as an Obamacare Florida pro is that the law encourages providers to implement electronic medical records.Read top Article!

Surprisingly, more than half of US hospitals are still running on paper, which is an antiquated way of doing business and does not contribute to coordination of care, it increases costs and reduces the quality of service; unlike countries, such as England, Holland and Chile, where automation is almost complete. Finally, another Obamacare Florida Pro is the requirement of “packaging” vendor payments from Medicare and Medicaid programs, discouraging fraud and performing unnecessary tests and treatments.

Understanding Obamacare Pros and Cons

health care programAlthough the law is overall providing a great service to the undeserved community, it also includes very dangerous elements. One of the most serious or dangerous Obamacare Florida Cons is the obligation to mandate insurer carriers to insure cases of preexisting conditions without additional charges. This measure while well-purpose is a breeding ground for the strategic behavior of users, throwing adverse selection problems that could end the insurance industry. This new requirement is almost as if it forces health insurance carriers to ensure a driver after they have wrecked a car. Currently, under the automobile insurance, there is no auto insurance company that would provide coverage for an accident that took place prior to the insurer purchasing coverage. Another Obamacare Florida con and dangerous point is the option that the State reserves the right to set prices, professional fees and suppliers. When the price or quantity is controlled, the market reacts and reaches a new equilibrium, but when both are control by the same entity, the outcome may be bankruptcy.Read more from the news on http://www.wandtv.com/story/33426535/illinois-task-force-targets-waste-in-health-care-programs

Overall, this reform has too many gaps in terms of technical specifications. An example is the penalty to hospitals for re-admissions, which seeks to ensure that the patient is not discharged prematurely, but does not specify who pays the penalty in case the patient is re-admitted to a different first hospital.

The law also causes a certain complexity of budgetary importance and strong impact on citizens. Although such reform is unprecedented in the US, it is agreed that it should had rolled out with more care, debate and inclusion of the affected parties. But it was not possible to delay it because “super-majority” Senate obtained in 2008 elections by the Democratic Party would be leveled in 2010.

Now the Republic Party has leveled the majority in the senate and taken over the House of Representatives, they have performed multiple votes on wanting to repeal the reform. They did it in the House of Representatives, and are just 4 votes to achieve in the Senate. For more information on how the law affects both sides of the coin you can read more by visiting Obamacare Florida pros and cons.