Ever since its introduction to the public in 2010, Obamacare has had people confused about how this legislation will affect them. A reason for this confusion has been that the act was 100-pages long and was pretty difficult to comprehend for an average person who is not used to the legal jargons. But it’s not just the difficult language that caused widespread confusion among the public rather it has to do with the act itself being overly complex.

For your free Obamacare in Poinciana FL consultation please call us at 407-344-1228 or email us at [email protected]. 

So even if Obamacare was written in simpler language, it would still take time for someone to completely get a hang of it. Therefore, before you find out if Obamacare affects you, first, let’s take a look at what it entails.

What is Obamacare About?

Obamacare in Poinciana, FL is basically a healthcare reform meant to change the way that health insurance plans work in the US. Even though it is referred to as Obamacare, due to it being designed by the Obama administration, the actual law that was eventually produced was called the Patient Protection and Affordable Care Act.

Even though the law was to come into effect in full force by the start of 2011, its strict enforcement was eventually done in 2014. The part which raised concerns for many people was that it placed more taxes on people that didn’t abide by the new reforms. This was a major issue of contention by the opposing party in the house as they feel this was impinging on the basic liberties of the people.

Purpose of Obamacare

The basic purpose of introducing Obamacare in Poinciana, FL was to ensure that people who were still without any healthcare insurance were somehow accommodated under the Patient Protection and Affordable Care Act. It aims to increase the people who were insured for healthcare while improving the quality of care provided generally. It also hoped to curtail the skyrocketing healthcare costs that had been a huge area of concern for a large number of Americans.

These rapidly increasing healthcare costs were a big source of bankruptcies in the US, which made it a problem that needed to be addressed urgently. Medicaid, despite being a great program, did not cover most Americans and it left a big gap which needed to be filled quickly before the healthcare crisis got out of hand.

Now let’s discuss who Obamacare in Poinciana, FLwill affect.

I Have Healthcare Covered Through My Employer, Will Obamacare Affect Me?

The short answer is no. If your employer is already providing you with Healthcare benefits as part of your compensation then you most probably won’t be affected by the Patient Protection and Affordable Care Act. Although this answer is not uniform for everyone who is being covered by their employer, it is still valid for most people. This depends on whether the healthcare benefits provided to you by your company are classified as affordable and considered to be providing minimum value.

The criteria for how it will be classified as affordable and providing minimum value will be decided by Obamacare in Poinciana, FL. However, generally, most people who are receiving healthcare benefits from their employers will most likely meet these criteria.

My Healthcare Is Covered Under Medicaid or CHIP, Will I Be Affected?

People who are already receiving healthcare benefits through the Medicaid program or through the CHIP (Children’s Health Insurance Program) or are eligible for them will not be affected by Obamacare in Poinciana, FL. A reminder here that Obamacare is a law that is meant to bring people who don’t have any medical insurance or sufficient benefits into a program that is deemed sufficient by the government. Hence, people who are already receiving some form of assistance by the government don’t come under its purview.

So if your children are eligible for Children’s Health Insurance Program (CHIP) then please avail the benefits and ensure that your children are covered because Obamacare in Poinciana, FL will not be of any use to you.

I am a Legal Immigrant, Am I Going to Be Affected Under Obamacare?

Surprisingly, if you are a legal immigrant in the US who is living below the Federal Poverty Line then you will be positively affected by Obamacare in Poinciana, FL. This means that individuals who are not citizens of the US can indeed benefit from the provisions in the Patient Protection and Affordable Care Act.

This is because, in the past, there were plenty of problems when legal immigrants who were very poor and could not afford healthcare coverage were admitted in emergency rooms. By law, everyone has to be admitted into the emergency room even if they cannot afford it. But the problem was that after recovering, these immigrants were unable to pay the high bills that the hospital charged them.

Eventually, most of them declared bankruptcy which left them ineligible for many credit programs that they desperately needed. It also left the hospital in a loss because they were mostly unable to recover the full amount from such patients. This also caused many hospitals to shut down because it was not financially sustainable to keep them running due to such incidents.

This was an alarming situation as Emergency rooms are an essential part of medical care and if they keep shutting down then it would seriously deteriorate the quality of care provided in the US.

This is why it was very important to provide Obamacare in Poinciana, FLto such groups because it was impacting the quality of care in many hospitals. Moreover, it is also essential to protect such disadvantages groups who just could not afford health insurance.

People Aged 65 and Above, Will Obamacare Affect Them?

Although there is no minimum or maximum age limit for Obamacare in Poinciana, FL, senior citizens who are 65 years old or above will not be affected by it. This is because they are already eligible for premium-free Medicare Part A. This is actually a better plan to be on because Obamacare in Poinciana, FL only gives a subsidy on your premium payments but you still have to pay some amount every month. Whereas, the premium-free Medicare Part A gives them access to free healthcare coverage.

Alternatively, these citizens can opt-out of premium-free Medicare Part A and then avail the subsidy provided by Obamacare in Poinciana, FL but they will in the process also forfeit access to their social security benefits.

Another thing to note is that people over the ages of 65 who do not have enough work history in the US are affected by Obamacare in Poinciana, FL. These people are not eligible forpremium-free Medicare Part A and hence can take advantage of the premium subsidies provided under Obamacare, given that they meet the income requirements.

I am Living Just Above the Federal Poverty Line; Will I Be Affected by Obamacare?

If you or your household income is just above the Federal Poverty Line then you will be affected by Obamacare in Poinciana, FL. Anyone who’s income is between the Federal Poverty Line and 4 times the Federal Poverty Line is eligible to receive premium subsidies under Obamacare in Poinciana, FL. This is the main group of people that have been targeted by the Patient Protection and Affordable Care Act to make access to healthcare affordable for them.

I am Living Just Below the Federal Poverty Line; Will I Be Affected by Obamacare?

This is a problem that Obamacare in Poinciana, FL still has to solve because people who live below the Federal Poverty Line are not eligible to access affordable healthcare. This group of people was deliberately not included in the people to benefit from Obamacare in Poinciana, FL because it was thought by the administration at that time that Medicaid will be available to them. But this was halted by the Supreme Court who ruled that the Federal Government cannot force the States to expand Medicaid to include people who live below the Federal Poverty Line.

My Income is 400% of the Federal Poverty Line; Will I Be Affected by Obamacare?

No, these people will not be impacted by the Patient Protection and Affordable Care Act. Unfortunately, this means that individuals or households whose income is just above this cap will not be eligible to receive premium subsidies under Obamacare in Poinciana, FL.

Will I Face Penalties After Obamacare Comes into Affect?

Initially, in the original act passed, people who were eligible for Obamacare in Poinciana, FL and did not avail a health insurance program would be fined a penalty in their tax returns. These excluded people who wanted to stick to their old insurance plans as long as they had healthcare insurance coverage.

However, in 2017, the Trump Administration removed these penalties so now nobody will face a penalty because of Obamacare in Poinciana, FL.

I Need Cosmetic Surgery; Will I Be Affected by Obamacare?

If you want to get a cosmetic surgery that is not medically required then you will not be affected by Obamacare in Poinciana, FL. These types of procedures are usually not covered by health insurance providers and they are not covered under Obamacare either.

So, if you are being affected by Obamacare in Poinciana, FL, it is not bad news. Just make sure you figure out how to make use of any subsidies that are being provided to you.

For your free Obamacare in Poinciana FL consultation please call us at 407-344-1228 or email us at [email protected].