Performance standards are being enhanced to improve patient care and reduce injury or deaths from medical or hospital errors, a serious problem in the US. The network of community federally-funded health centers is already being expanded. The health care provider industry is among the fastest growing sectors of the American economy, contributing to our recovery from recession and providing millions of good-paying jobs that can't be outsourced to other countries. For example, one young adult I know is completing training as an assistant physical therapist and another just received certification as a massage therapist.
In January 2011, a requirement became effective that insurance companies spend 80% of premiums dollars on direct care, not on administrative costs, CEO salaries and profits. If they fail to spend 80% they have to return the extra money to consumers. Already insurers have had to return $1.3 billion to consumers they overcharged.
Worried about our national debt? Obamacare is beginning to slow the growth in health care spending. Medicare projections of cost increases are $70 billion lower than predictions before Obamacare. As a matter of fact, the Congressional Budget Office reported that, because it contained a number of cost control measures, repealing the act would add significantly to Medicare and Medicaid costs. Repeal would add to our national debt.
And, in case your sympathies lie with the insurance companies, their profits have never been better and, if the law were repealed, they would lose $1 trillion in future revenue. In place of 32 million more customers, they have to meet reasonable standards that protect those customers from abuse.
Still hate that "mandate" even though it hasn't become effective? Well, if you have insurance, as 60% of Americans do, it won't even apply to you at all. And, when it becomes effective, all it will amount to is a penalty on your income taxes that is less than the amount you would pay in insurance. For the tax penalty you would get nothing, but for the health insurance you might get care you would not have otherwise received.
Before the Patient Protection and Affordable Care Act was enacted, 70% of Americans wanted health care reform that would cover everyone. When it passed, Republican leaders said they supported 80% of it. Now, they want to repeal the whole thing and replace it with what? They now say they'll replace it with nothing, nada, zip for millions of Americans. What reason do they give for wanting to repeal it? Again, none except an irrational hatred for our President with such a passion that you and I and our welfare have become irrelevant to them.
Here's the point of the whole thing. Millions more Americans are now able to go to a doctor or be hospitalized or buy medicine and get health care THEY WOULD NOT OTHERWISE have received without Obamacare. How many lives do you suppose have already become healthier, longer or happier? Anyone's guess, but it's sure to be many. For those who would do away with Obamacare, what is it about healthier, longer and happier that you don't like?
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).