Obamacare includes subsidies to help lower income individuals cover the cost of their plans. I'm actually interested in where this is going, can you explain a bit more? GameStop’s sensational stock rise, caused by members of the r/WallStreetBets community on Reddit, has shaken the investment industry.. Archived "Obamacare" explained … My girlfriend's mom is an ER doctor, and this is actually one of the biggest reasons she is against the health care bill. Here is my summation of the bill. Press J to jump to the feed. The Patient Protection and Affordable Care Act (PPACA), informally referred to as Obamacare, is a United States federal statute signed into law by President Barack Obama on March 23, 2010 after nearly a year's worth of overall consideration by both chambers of Congress. Any company with employees working more than 30 hours a week must provide their employees with health insurance. Reddit group founded on 'high risk' returns hits Wall Street with GameStop effort . The ACA was, in fact, the Republican plan in the first place. Here is Part 2 of the Point-By-Point. Close. Archived. A health-care explainer even a 5-year-old can understand Leave it to the popular Reddit section, Explain Like I'm Five, to translate Obamacare for the masses. Obamacare Explained (Like You're An Idiot) Obamacare, explained in terms you can understand. Obamacare Point-By-Point - Part 5. By Ryan Foley, Christian Post Reporter Follow | Friday, December 04, 2020. Chan School of Public Health and one of the foremost researchers on the Affordable Care Act, took to Reddit to answer questions about what the Supreme Court decision means for the country and the consumer. These subsidies, also known as … Fourth, there is a clause that makes it mandatory to have health insurance. It also changes the definition of "full time worker" from 40 hours a week to 30. It's like the intent is great, but mismanagement will make it utterly terrible. New comments cannot be posted and votes cannot be cast. Obamacare explained: Cost and subsidies When you enroll in a health insurance plan, you typically pay a monthly premium to keep that plan. The law (along with the Health Care and Education Reconciliation Act of 2010) is the principal health care reform legislation of the 111th United … Chan School of Public Health and one of the foremost researchers on the Affordable Care Act, took to Reddit to answer questions about what the Supreme Court decision means for the country and the consumer. 'Obamacare' is a synonym used to describe the Affordable Care Act or the ACA that was passed 4 years ago. The very best comments on reddit as submitted by the users of reddit. Here is Part 1 of the Point-By-Point. Well, someone on Reddit posted a very concise and easy to understand description of the bill. I'm very concerned about how reimbursing doctors for 'quality' of care will be handled. It is a misconception that only one demographic is impacted by the Affordable Care Act. Healthy America, a big new plan to combine Medicaid and Obamacare, explained A new think tank proposal isn’t quite Medicare-for-all, but that’s part of the selling point. With no pre-existing conditions everyone could wait to be diagnosed and then just sign up. "Obamacare" explained very well by reddit.com » Okay, explained like you’re a five year-old (well, okay, maybe a bit older), without too much oversimplification, and (hopefully) without sounding too biased: What people call “Obamacare” is actually the Patient Protection and Affordable Care Act. The way they do this, for example, is when a patient is directly influenced by the doctor to quit bad habits that will ultimately endanger the patient's life, like smoking, then the doctor will get paid an incentive. I think the bill will pay for itself by 2020 or 2021. President Joe Biden has signed an executive order to reopen enrolment for Obamacare as part of his effort to ‘undo the damage Trump has done’. Doctors can order a bunch of unnecessary tests because they know they will be paid for without question. Biden signs executive action to reopen Obamacare enrollment amid COVID-19, end gag rule. ObamaCare helps tens of millions of Americans get access to affordable health insurance by expanding Medicaid and CHIP, improving Medicare, and setting up a “Health Insurance Marketplace” where Americans making under 400% of the federal poverty level can purchase subsidized health insurance. Those young adults will no longer have to pay $200k or more for hospital bills and they won't have to go bankrupt and ruin their lives over something like a health issue. and not … WardoRants 162 Views Tyranny Tighten's Grip, Russiagate Sentencing, WW3 in the Stock Market, & Election Fraud Win! Alongside the Obamacare case, the justices could spell the end to another one of Trump’s health care priorities. My mother is a NP and her office hasn't been paid by Medicare in 8 months. Though the Obamacare ruling affects many, the complexity of the case makes its impact hard to grasp. And on the COVID-19 front, we've got some good news (a promising vaccine!) The exact income level varies by state. What Does ObamaCare Do? It helps ensure that there is a higher quality of health care when better and more efficient medical practices are incentivised. President Joe Biden has signed an executive order to reopen enrolment for Obamacare as part of his effort to ‘undo the damage Trump has done’. Most people think it only affects health insurance, but it has changed the way the U.S. delivers health care overall. Second, it was a large piece of legislation that expanded the power of the government to regulate the health insurance business. Obamacare includes subsidies to help lower income individuals cover the cost of their plans. A health-care explainer even a 5-year-old can understand Leave it to the popular Reddit section, Explain Like I'm Five, to translate Obamacare for the masses. The way it stands now, some young people may pay more then they use, but there will be some young people who are shot, mugged, diagnosed with cancer, hit by a car, etc that will need it. The same guy is also creating a post where he goes … Though the Obamacare ruling affects many, the complexity of the case makes its impact hard to grasp. r/obamacare The Patient Protection and Affordable Care Act (PPACA), informally referred to as Obamacare, is a United States federal statute signed into law by President Barack Obama on March 23, 2010 after nearly a year's worth of overall consideration by both chambers of Congress. So now they don't have health insurance and they can't work as much. ObamaCare Explained So Everyone Can Understand It [Tired about all the lies and mischaracterizations being made about ObamaCare? Obamacare is the Patient Protection and Affordable Care Act (ACA). This article was last updated on November 2017. Email This BlogThis! 50. Republicans’ new plan to fix Obamacare, explained There’s a lot Democrats would like — except for the abortion restrictions. Press J to jump to the feed. It doesn't solve the issue of why healthcare costs are so high in the first place. That explanation is actually really helpful for someone outside of the US and have haven't been catching up on what "Obamacare" is. If you’re not sure or you only have a vague idea, then you’ve come to the right place. Obamacare has never been well-received by the public. In the end, that is why it seems so many more people hate Obamacare than actually do. Conservative Republicans unveil Obamacare replacement plan. Press question mark to learn the rest of the keyboard shortcuts . Please Help Keep Free Speech Alive and Well! Labels: healthcare, law, politics at 11:20 PM. Biden signs executive action to reopen Obamacare enrollment amid COVID-19, end gag rule. As Reddit users have learned this week, it doesn’t take much to influence stock prices when only the marginal trade counts. Why Do I need a Critical Illness Plan? Reddit explains Obamacare — crazy that a comment on Reddit is the best explanation I've seen so far of the ACA # Everything Republicans will have to do to actually repeal and replace Obamacare, explained It’s ... not going to be easy. http://ivn.us/2013/09/27/obamacare-was-originally-proposed-by-republicans/. Neera Tanden, former Vice President Joe Biden's pick to serve as Director of the … Log in sign up. They also believe in a 'free market,' which is an unregulated economy. Press J to jump to the feed. You forgot the big one, the "this is an attack on small business owners". I’m reprinting (most of) it here (he said I could). With Obamacare open enrollment set to begin over the weekend and the Supreme Court set to weigh in again on the law next year, Republicans pounced, using the videos as … It's only after the Democrats took that plan and ran with it that they did an about face and opposed it. By Sarah Kliff Mar 19, 2018, 4:20pm EDT as long as we're being unbiased, perhaps the motivation behind wanting to reducing the budget might be simply that the federal government can't afford it (hence the debt). Dec 18th, 2014. I had this playing while reading that, and burst into spontaneous Bernies. Press question mark to learn the rest of the keyboard shortcuts. The term "Obamacare" was first coined by critics of the former president's efforts to … Share to Twitter Share to Facebook Share to Pinterest. Explain Like I'm Five is the best forum and archive on the internet for layperson-friendly explanations. Here I continue my efforts to try and break down the Patient Protection and Affordable Care Act, A.K.A. Obamacare prohibits insurance companies from denying coverage to anyone who has a pre-existing condition. Joe Biden said Sunday Trump wants Congress to confirm Amy Coney Barrett before Election Day because the president wants a conservative Supreme Court to overturn Obamacare. Press question mark to learn the rest of the keyboard shortcuts. Republicans don't want regulation, and the want to limit the Federal Government's powers. the vlog brothers did a good video on why it's so expensive. By Andrew Prokop Updated Jan 13, 2017, 3:49pm EST If you don't give them what they want, they rate you poorly across the board for everything, and do this ad nauseum at every opportunity. Don't Panic! If we really got to the root of the problem instead of patching the surface. If we really got to the root of the problem instead of patching the surface, then we might not need the ACA and the existing systems (Medicare/Medicaid) would cover the people who still can't afford the remaining costs. – Specifics Explained. Conservatives don't want an unregulated market, they want limited and only necessary regulation. 2.5k. Those are the main problems that Republicans have with the ACA. The individual mandate is the least popular and most controversial part of Obamacare — and it's a policy that's absolutely necessary to making the health reform law work. Obama: No, they will be required to spend 85% of what they get paid in premiums on actual healthcare. I don't think it would be hard to implement a way to automatically detect such anomalies, but it probably hasn't been taken into account by the bill yet and could seriously ruin doctor's lives that work in areas with a high incidence of drug addiction. Their payout has dwindled to all time lows. It just doesn't make sense. It is costing them money to accepted Medicare patients. Obamacare has never been well-received by the public. Want to know what the bill actually says and does? Essentially, there are a few problems Republicans have with it. How will quality of care be assessed? Facebook Twitter Email Print Img No-img Menu Whatsapp Google Reddit Digg Stumbleupon Linkedin Comment. Health Insurance covers all the hospital and medical bill and does the heavy lifting but these days we live pay check to paycheck. Tucker breaks down the ‘devastation’ caused by Biden’s new climate initiatives - 29 mins ago; COVID-19 survivor on a path to recovery as US records deadliest month yet - 60 mins ago; Making COVID-19 vaccine access more equitable amid emerging disparities - about 1 hour ago; CNN’s Stelter floats the idea of a ‘harm reduction model’ to minimize speech - 2 hours ago Without this, nobody would ever need insurance until the day they are hurt or diagnosed with something. The term "Obamacare" was first coined by critics of the former president's efforts to … Obamacare Explained Four Ways. Obamacare’s tax credits are based on income, with those who earn less getting more help. New comments cannot be posted and votes cannot be cast, More posts from the explainlikeimfive community. Posted by 8 years ago. Amy Coney Barrett’s opposition to Obamacare, explained Barrett was very critical of Supreme Court decisions — until she was on the cusp of having the power to reverse them. People are absolutely fired up about a GameStop trading freeze. Maddening online debate over the cost of Obamacare turns a simple math question into a complex equation nobody seems able to solve An anonymous Facebook user posted a 'meme' about Obamacare … The individual mandate, the part they complain about the most, was their idea in the first place. They will not give them health insurance if they're already a part time worker to begin with. It's entirely possible to do and is being done now in other countries around the world. ACA, A.K.A. It's hard to see things unfold like this; despite all it's flaws, I still believe that the United States and its people make up a great country. Posts; Archive; A Federal #Health #Insurance Program. 4.7k votes, 771 comments. Also, there is a belief that premiums are going to skyrocket in price, hurting both business and individuals. Ask Gardner for his plans to replace the law, […] Dustin Nemos 106 Views Wall Street Vs Main Street GameStop, Silver, Doge, Reddit, ++ w Rice. Apparently drug addicts abuse this rating system. Rates of immunization, colon cancer screening, and reduction of imaging for back pain for primary care. 2.5k "Obamacare" explained very well. So Ben Sommers, an assistant professor of health policy and economics at the Harvard T.H. I’m reprinting (most of) it here (he said I could). It's not just to reduce the strain, it's way more then that. Want to know what the bill actually says and does? But the current system reimburses doctors based on quantity of care, which is much worse. One Reddit user has claimed to have turned $50,000 into $11m (£8m), and there are many others like them who have made dramatic returns on their investments. Everyone who has health coverage uses ObamaCare in one way or another. The very best comments on reddit as submitted by the users of reddit. 18  Obamacare allows more people to get Medicaid. Pimpy 30 … Every week they'll make rounds around all the local hospitals, complaining of generic pain and discomfort, demanding some kind of controlled substance. What people call "Obamacare" is actually the Patient Protection and Affordable Care Act (abbreviated to PPACA or ACA). 2.5k votes, 866 comments. I tried to keep this post as concise as possible, hence me not going into deep depth about stuff. ObamaCare Explained So Everyone Can Understand It [Tired about all the lies and mischaracterizations being made about ObamaCare? Republicans want to reduce the size of the budget in order to stave the Federal Goverment's power. GAMESTOP PEASANT REVOLT 2021 EXPLAINED: reddit vs. wall street. We want to set the record straight on the Affordable Care Act, starting with the law’s most important features. Doctors get paid by the amount of patients they help cure not by the amount of patients they take in. As Reddit users have learned this week, it doesn’t take much to influence stock prices when only the marginal trade counts. By using our Services or clicking I agree, you agree to our use of cookies. In a Reddit AMA, R. David Edelman, Senior Advisor for Technology and Economic Policy at the White House, succinctly explained that the president's urging was as far as his authority allowed. Cory Gardner doesn’t like Obamacare. Cookies help us deliver our Services. What is Obamacare? This was the only thing that I had concerns with really (well as concerned as an unaffected Canadian can be lol). Best I've ever seen. First, it is a step towards a single payer healthcare system, that many conservatives do not want to see come to fruition based on their party platform. "Obamacare". Support Us On Give Send Go! Biden’s OMB pick helped craft Obamacare birth control mandate forcing Little Sister to cover contraceptives, abortion drugs . The same guy is also creating a post where he goes … Obamacare Point-By-Point - Part 5. This is already done in a number of not-for-profit health care models, like Kaiser Permanente and the Mayo Clinic. I hope your government sorts stuff out. ), http://www.youtube.com/watch?v=qSjGouBmo0M, and here's another video they made on the subject, (Bigger Pizzas: A Capitalist Case for Health Care Reform), http://www.youtube.com/watch?v=R7LF5Vj2n64. Polls have been especially brutal, with over 95 percent of polls taken since the passage of the bill showing strong opposition during the Obama administration (usually by double-digit margins) over those who approved of it. Open in app; Facebook; Tweet; Pinterest; Reddit; Mail; Embed; Permalink ; CRITICAL ILLNESS INSURANCE EXPLAINED. Reddit group founded on 'high risk' returns hits Wall Street with GameStop effort . 'Quality' health care is much more subjective than one might think. Obamagate, Explained Disinformation , Reporting / By Kim LaCapria / May 27, 2020 May 27, 2020 Chances are you saw at least a passing reference to “Obamagate” in May 2020, and chances are similar you (like many) struggled to understand what “Obamagate” might actually be. It’s “destroying this country,” he once said. ObamaCare’s reforms also increase the quality of care and … edit* I probably should have prefaced this with, these are not my beliefs, but this is what others believe. Obamacare explained: Cost and subsidies When you enroll in a health insurance plan, you typically pay a monthly premium to keep that plan. Third, the ACA will cost quite a bit of money out of the federal budget to implement. 5.3m members in the bestof community. This is econ 101. Conscious Mind's 78 Views All of the United Nations - NEW WORLD ORDER - Agenda's Are Moving Forward. It doesn't help Medicare is a joke. Obamacare explained: Cost and subsidies When you enroll in a health insurance plan, you typically pay a monthly premium to keep that plan. The eligible income is 138% of the federal poverty level. Posted by 8 years ago. This stipulation was put in to help reduce the strain on the insurance companies not being able to drop people with pre-existing conditions and making it to where insurance companies cannot deny people insurance. Obamacare Explained as Simply They Can: Our 4 Favorite Overviews. It makes it so insurance companies have to spend a certain percent of their revenue on actual health care, which essentially caps their profits at a certain percent. It's a term that was, at first, mostly used by people who didn't like the PPACA, and it's become popularized in part because PPACA is a really long and awkward name, even when you turn it into an … EDIT: A lot of very informative responses here, I have some good bedtime reading for tonight. User account menu. The individual mandate is the least popular and most controversial part of Obamacare — and it's a policy that's absolutely necessary to making the health reform law work. Everything Republicans will have to do to actually repeal and replace Obamacare, explained Today in Obamacare: a quick primer on 3 new Obamacare replacement plans View all 521 stories Essentially, there are a few problems Republicans have with it. December 23, 2013, 7:42 PM • … (Why Are American Health Care Costs So High? Obamacare is the Patient Protection and Affordable Care Act (ACA). This reddit post is "Obamacare" explained very well. GameStop’s sensational stock rise, caused by members of the r/WallStreetBets community on Reddit, has shaken the investment industry.. GameStop Mania Explained: How the Reddit Retail Trading Crowd Ran Over Wall Street Pros The White House had no comment on Biden's expected … Who does it? See Gallery . Schumer goes around McConnell to set up vote defending Obamacare Some Republicans promised provisions like protections for preexisting conditions … To elaborate on the individual mandate. Does this mean that doctors start taking less patients? I could further expand if you'd like me to, but I tried to keep it factual, instead of using my own opinion as a moderate Democrat. A few months after Obamacare was enacted, three of my colleagues and I began work on a book to explain, as the title says, “Why Obamacare Is Wrong For America.” Most people think it only affects health insurance, but it has changed the way the U.S. delivers health care overall. There are countries around the world that have government funded health care and pay incentives to doctors for a better quality of health care. The very best comments on reddit as submitted by the users of reddit. I really liked this explanation a little below. The mayo clinic operates like this already. To clarify your third point, while it does cost a good amount of money right now, in the long run it will save the government a great deal of money. Obamacare includes subsidies to help lower income individuals cover the cost of their plans. Amy Coney Barrett’s opposition to Obamacare, explained Barrett was very critical of Supreme Court decisions — until she was on the cusp of having the power to reverse them. GameStop Mania Explained: How the Reddit Retail Trading Crowd Ran Over Wall Street Pros The White House had no comment on Biden's expected … The insurance carriers would just be paying for the sickest people and healthy young adults would not sign up as much. Obamacare Explained. Healthy America, a big new plan to combine Medicaid and Obamacare, explained A new think tank proposal isn’t quite Medicare-for-all, but that’s part of the selling point. PPACA, A.K.A. 'Obamacare' is a synonym used to describe the Affordable Care Act or the ACA that was passed 4 years ago. Sounds a little too close to "No Child Left Behind." 5.3m members in the bestof community. First, it is a step towards a single payer healthcare system, that many conservatives do not want to see come to fruition based on their party platform. Ask the Republican senator from Colorado about how to improve health care and the first response you’re likely to hear is that President Barack Obama’s signature 2010 Affordable Care Act needs to be repealed. House Democrats’ new plan to strengthen Obamacare, explained After DOJ says the ACA is unconstitutional, House Democrats roll out a targeted plan to expand health care. Enroll in Obamacare. However, people were calling it "Obamacare" before everyone even hammered out what it would be. All the people: Wait, won't this just mean we all give money to the companies and they keep it all? Republicans want to reduce the size of the budget in order to stave the Federal Goverment's power. So Ben Sommers, an assistant professor of health policy and economics at the Harvard T.H. Nobody knows for sure how "Quality" will be measured, but it will probably be specialty specific. Polls have been especially brutal, with over 95 percent of polls taken since the passage of the bill showing strong opposition during the Obama administration (usually by double-digit margins) over those who approved of it. Good luck. [explainlikeimfive] Close. Well, someone on Reddit posted a very concise and easy to understand description of the bill. Edit: I'm just going off what I've personally read and I'm not an expert on the situation and may have forgotten some things. By LIZ NEPORENT. The GOP’s ObamaCare Self-Sabotage Judge Barrett and the Supreme Court won’t vote to overturn the health law. This means, that to avoid paying for health insurance for workers of giant but mostly min-wage staffed corporations like fast food and retail, they're going to cut the hours of the people working there. People were calling it `` Obamacare '' before everyone even hammered out what it be. Much worse health policy and economics at the Harvard T.H already a part time worker '' 40! 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