ObamaCare is an assistant service to those who do not have health insurance with reason being either they cannot afford it or they have been rejected by insurance companies for many reasons such as their medical condition history. There are many details in this law but the most commonly asked and most important facts to the people is that when you want to apply for health insurance and you are making certain amount of money, based on number of people living under the same household and the total income you have, you might be qualified either to receive Premium Assistant, Cost Sharing, or Medi-Cal (In California). However it doesn't change the way insurance is obtained, one can still buy private insurance, get employer based insurance, or get insurance through a government program like Medicaid or Medicare. ObamaCare does add a new way to purchase insurance. Insurance can now be purchased through State Health Insurance Marketplaces where shoppers can receive cost assistance and get apples-to-apples comparisons of plans. However, would it might be too good to be true? If one takes the time to look closer within the lines one will find his/herself trapped in what is an economical trap.
Nearly 50 million Americans are uninsured, tens of millions more are struggling to maintain coverage and hundreds suffer from inadequate care. Americans have been demanding change, question is; it is believed that America is finally ready for Health Care Reform (HCR) however with a change so drastic and so sudden questions are raised over how efficient this new reform might be. In March 2010, President Obama signed the PPACA and Healthcare and Education Affordability Reconciliation Act of 2010. The basic overall idea is to solemnly and purely have an almost universal coverage. Opponents of Obama Care suggest replacing it with reforms such as; cross-state purchasing, Health Saving Accounts, small business pooling, tort reform, etc.