How Does The Affordable Care Act Work?
Вставка
- Опубліковано 21 жов 2024
- Want to learn how the Affordable Care Act works? Tune in to this episode of BrainStuff to learn all about the ACA.
Whether the topic is popcorn or particle physics, you can count on the HowStuffWorks team to explore - and explain - the everyday science in the world around us on BrainStuff.
Watch More BrainStuff on TestTube testtube.com/br...
Subscribe Now! www.youtube.com...
Watch More / brainstuffshow
Twitter / brainstuffhsw
Facebook / brainstuff
Google+ gplus.to/BrainS...
you should do a follow-up video now and talk about what really happened...
+Backpackfanatic - I hear the Obama Administration will pay $400 million to people who call us stupid on video......
Explain this to me: Why wouldn't this work? It works in Germany for example. And I am in insurance and finance. Fix your system.. It is just weird to see that a country like the US isn't able to have good public education and healthcare. In Germany 99,99% have healthcare, we habe public schools and universities which are good, next to no mass shootings, prisons arn't full, and and and we can still get rich.. Not everything is perfect, but it is a whole lot better for the general public then in the States.
@@emilytucker4607 you do realize that calling people names, doesn't work in the grown up world? Hope you will learn this when you get maturer. And it's not my fault that I am right. 😊👍🏻
@@yannicanguelov3170 In regards to the Affordable Care Act, it wanted to get more people covered and reduce the cost. It was able to get more people covered but it increased costs. There were people who couldn't afford health insurance or had limited coverage. The ACA expanded medicaid so more low income people could qualify for it, made insurance companies cover people with pre-existing conditions, and increased what health services insurance companies had to cover. This increased health costs. The ACA tried to reduce costs by mandating that everyone get insurance or pay a penalty. It added some more taxes like a 2.3% medical device, 10% indoor tanning tax, etc. But in the end, health costs still went up. And slowly they have been repealing parts of it. There is no longer a penalty if you don't have insurance and some taxes like the medical device tax have been suspended. This means costs keep going up. In addition, if you choose not to get medical insurance and then develop an illness, the ACA will allow you to be covered. So some people may choose to go without insurance until they get sick. Which all leads back to prices going up.
The US and Germany are so different it's hard to reform the US system because everyone has a different opinion on how to reform it. Our health insurance is tied to jobs because of WW2. Hospitals may charge you less if you are paying out of your own pocket instead of through insurance. It's easier to sue doctors in the US so doctors may order extra tests which increases costs and they have to get malpractice insurance which further increases prices. Medicare/medicaid don't pay out as much to doctors/hospitals as private insurance pays and there are some doctors that won't take it. And Medicare does deny people a little more than private insurance. Some people want single payer system in the US but some will look at the VA, the US version of single payer but only for veterans, and see how bad it is. There's also expanding Medicare so it covers everyone. But jobs will be lost and will it be as good? There's so many things to consider.
@@yannicanguelov3170 no black people either
Mmm, well I have a wife and two children. We were paying $1100 or so from our monthly paychecks for personal healthcare insurance. We got dropped and need to purchase new insurance. They quoted us $3550/month.
That can't be correct. But we have to have it. We can't afford that. I wanted to buy a house. I can no longer afford insurance. I did nothing wrong. We wanted to have a another baby. We make too much to get subsidized. So we can't afford insurance based on where we are at let alone to add another child.
I think this video is deceiving.
That sounds bad and i can see why you are upset. What state do you live in and did you get your quot from the Official Affordable Care website?
Here we are 5 years in the future and it's every bit a shit show huh?
Explain this to me: Why wouldn't this work? It works in Germany for example. And I am in insurance and finance. Fix your system.. It is just weird to see that a country like the US isn't able to have good public education and healthcare. In Germany 99,99% have healthcare, we habe public schools and universities which are good, next to no mass shootings, prisons arn't full, and and and we can still get rich.. Not everything is perfect, but it is a whole lot better for the general public then in the States.
"if you like your healthcare, you can keep it!" we're all seeing what an out-right lie that was. but, i'd like to raise a few points. 1. if this affordable care act is so great, then why is it a law? if it was so great, don't you think people would willingly sign up for it by the millions? 2. if ACA is so great, then why is the government exempt from signing up? 3. you people do understand that this government forcing you to sign up for ACA (which that is exactly what is going on, otherwise it wouldn't be a law) is strictly against the constitution? there is also an amendment in the constitution that expressly forbids the government to be exempt from any laws that the citizens are forced to abide.
you mean to tell me that obama doesn't follow the constitution and lies? Shocking
Yeah and these leftest TRAITORS WANT ILLEGALS TO HAVE FREE HEALTHCARE!!!$$$$ OFF OF US, MEANWHILE WE CAN'T AFFORD TO GO!! MY SON LOOKED AT A CHIEF KNIFE I GOT FOR CHRISTMAS AND ACCIDENTALLY HOT CUT BY IT BECAUSE THE SHIETH WAS OPEN ON THE END, IT'S NOT MADE RIGHT! $$$$ WE JUST GOT THE BILL the cost of seven stitches according to them is $3,000 WE CAN'T AFFORD THAT! THIS IS UNBELIEVABLE TO ME!😂🤣😂🤣🤮🤮🤮🤮
I'm from Europe myself (The Netherlands) and everyone over here has to be insured. We've got multiple health insurance suppliers, so it is a free market system. For us it is very hard to understand why al lot of Americans don't support Obamacare or some other form of health care for everyone.
Racism
Free market =/= "multiple health insurance suppliers"
That simply isn't what a free market is. A free market is when government regulatory capture isn't involved whatsoever. With all the government regulations it is clear that this isn't the case. You can argue about whether that's good or bad all you want, but you are changing the actual definition of what a free market actually is.
@@michaelshanklin6607 unregulated free market is a nightmare, companies cutting corners left and right.
@@waimeaguyz9074wrong
Because we already have Heath insurance and this doesn’t work read a book
2:55 The 80/20 rule. I like that.
Simply put, it doesn't
“The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
― Thomas Jefferson
I am a South African I now live in Poland. Coming from from a country where there is no National Health plan, although I can say proudly South Africa is in its 3rd year of a 14 year phasing in of National Health Insurance. Poland has already implemented national health plan called National Health Fund . Although there are still many challenges an affordable health plan is better for the entire country and for all citizens, than only for a select few that can afford health plan.
1:19 - "If youre happy with you plan you can keep it"
Hmm....Anyone else forced to change their plans they liked and had?
Premiums went way up for everyone and we got fined if we dared not to pay the extreme premiums.
14 years ago March 2010 began the Affordable Care ACT. (ACA) I am a Lic. Health Insurance Agent so I had to learn about the rules. Back then I was paying $450 dlls a month, for a $2000 deductible ppo plan for 5 persons all under age 50. The ACA made my "grandfathered" plan risk pool of policies illegal to accept new applicants beginning March of 2010. No more new, young healthy applicants to help my insurance plans risk pool to help stabilize the pool and reduce risk. Now 14 years later, I pay $2300 usd a month, for a $10,000 deductible for 4 people. And i'm in collections for a 9 day hospital stay due to Co***id infection. The hospital billed insurance $135.000 usd. So with discounts insurance settled, and I owe still $9000. Every year I shop the Obamacare plans, they tell me to keep the plan I have. Due to my income level, my plan is less expensive!!!
I live in a country with subsidized health care. Quality of life here currently exceeds that of the U.S.
I'm curious to know from Americans though:
You've got socialized schools, socialized roads and transportation, socialized banking, socialized religious institutes, socialized social assistance... you've already got socialized healthcare in many forms so why not just a tad bit more? Is life really that unbearable now?
A few questions out of curiosity: How did you conclude that the quality of life exceeds that of the U.S.? What standard/s are you using for your claim?
An observation:
Schools are not socialized. US has Public, Charter, Private, and Home Schools. Socialized roads? It is a pay per use system, taxed through fuel consumption. If I choose not to drive, I don't pay for other people to drive. Plus, with the infrastructure makes no logical sense to have 20 different suppliers of roads. (Same as water, power, cable, gas suppliers) Social Assistance? Yes, by definition that is socialized except I am not required to take assistance if I choose not to and it does not apply to everyone.
Businessinsider, mapsofworld, etc several studies in fact show that socialized nations have higher standards of living than the U.S.
Public schools in the U.S. are funded by taxpayers. That's socialism. Roads are built maintained through taxes. That also is socialism.
I think you might be under-defining socialism. Just because something is paid by the taxpayer doesn't automatically categorize it as "Socialism." Public services are funded by the public and managed by the representative chosen by the public. (aka. Government)
Once again, the road system is an unfair comparison because the infrastructure of roads is public, for public use, managed by the people that make up the public. (i.e. Government Representation). New roads are not built without voting (public voice), and old roads are not repaired without voting. There are also private roads and private communities that the gov. doesn't manage. To define socialism, you have to define capital first then define who controls that capital. That is how you can define socialism. Capital controlled by the State is Socialism. Capital controlled by the people is Capitalism. Socialism has very little to do with the communal properties and services overseen by the government because of its public access and use.
Government collects taxes. Taxes are then redistributed to society. Socialism is a political and economic system whereby social welfare is maintained by the system.
This is a common misconception about socialism. If socialism is what you define it as, then it really isn't that big of a deal however, you define it incorrectly. Social programs run by the government (by election of the people) and socialism are commonly confused for each other. The government only collects taxes that the people have agreed to pay, and only distributes them as the people agree to distribute them based on public voting. In that system you described, the government still relies on privately owned production (Capital) for its subsistence. Socialism is when the centralized governing body controls that capital, and therefore, production and distribution of goods/services are controlled by the same entity. We cannot have a friendly conversation about the merits of a socialized system if we do not agree on the definition of Socialism.
Is this video propaganda? We pay $817 p/ month via deductions from husband's paycheck for a family of 3. Hardly anything goes towards our deductibles so we still end up paying out of pocket for most things. How is this at all affordable?
+Renee Lanning Don NOT have any more children. Gov't policies are designed to make esp. kids broke and drive them into the Employer of Last Resort i.e. the military. We don't have a draft anymore. They print money, they don't need to tax you, they print what they need to manipulate you. They own the land and everything on it including the people. It doesn't matter who lives on the land whether Indians or modern people, they are never done bringing the land to heel. Don't have kids thinking anything will get better someday or it will all work out okay; it won't. Everyone is enslaved, used, and discarded.
I'm poor lower class American born in poverty, but since Obamacare, I have full coverage for a very low cost per doctor vieit. OBAMACARE WILL WORK FOR SOME LIKE ME, AND NOT FOR OTHERS.
That is unfortunate. Must be an issue with the company he is working for if your monthly premium is so high. Maybe joining a healthcare exchange plan would help you.
***** , Right. The people who are rewarded for not working and who get it for free or low cost (so they'll keep voting for more free shit) keep telling me I'm either lying or doing it wrong. Hard working ACTUAL citizens are being punished. While welfare leeches are rewarded. It's time for a change in this country.
But that's the problem.
Winston Churchill “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”
Bring me the blessings, you can keep your miseries.
This Obamacare thing isn't about health insurance. It's the new system to put everybody into whether you were covered in insurance or not. There were other laws included in this act that nobody talks about and if you really look into what this Obamacare thing really is about, you will know it's not about healthcare
I was about to subscribe to your channel until I watched this video. *You absolutely ignored the major flaws throughout the ACA system.* I expected a non-promotional, non-biased explanation of how the system is supposed to work, not a list of just the pros.
There are inherent flaws that you completely ignored. Suddenly these 30 million people are supposed to be able to afford healthcare? I highly doubt they chose not to have coverage because they didn't feel like it. Let's also not forget the fact that the government can't even run the DMV effectively. Now we are supposed to trust them with our health? *Even if this could work, flooding the system with 30 million extra people would surely make the healthcare system collapse.* The most important prevention is the cost. Providing everyone with healthcare would simply push the cost to others. Our federal debt is already at an all time high and now we are going to raise spending by a tremendous amount? These are only a few of the many valid problems that have been yet to be addressed.
For these reasons the Affordable Care Act will not succeed. I can propose a new law that promises everyone a new car, house, and dog, but *the reality is that there's no such thing as a free lunch.* Objects aren't free. No matter how nice it may seem, supplying 30 million people with healthcare is far too costly for the ACA to be a viable option.
I am not here to defend the Affordable Care Act, ACA, but to question a couple of the cited issues above against it. This is all about critical thinking. We have to look at premises being put before us and evaluate them properly.
1 - "Let's also not forget the fact that the government can't even run the DMV effectively." This is comparing apples and oranges. The Department of Motor Vehicle Services or Department of Driver Services or whatever your jurisdiction calls it is a function of state government not the federal government that will ultimately run ACA with the states as clients. Now I will agree that the federal government has a spotty record in some areas but if it were as incompetent as anecdotes would have you believe, we would not be the country people are dying to sneak into for the chance of a better life. Things would be more like a developing nation.
2 - "Providing everyone with healthcare would simply push the cost to others." This is generally how insurance works. Risk is shared among many people. Let's say you buy a car and as soon as you drive off the lot you hit a pole and total your car. You may have paid your first premium or not but you expect to be made whole for your loss, I'm sure. I doubt you would say, "other insured should not pay for my car." The insurance companies know how to price the products so that they can make a profit and cover the risk that they expect in a given pool.
Again, I am not here to defend the ACA or knock it. I would, however, like to see readers and contributors think critically about the issue not simply react viscerally.
Preparing ForSHTF
Thank you for taking the time to respond. I enjoyed reading your response. You bring up some solid points.
1. You're absolutely correct. The DMV is state run and it's a bit of a poor comparison now that I think more about it.
Let's take a federally run program. I'm a gun owner so ill use applying for a suppressor as an example. Let's say I want a suppressor and I have no criminal background whatsoever. I have to apply and wait for several months, sometimes up to a year, to be approved. This is how long it takes the Feds to run a background check and finish paperwork. I can't imagine a healthcare system with ~350,000 people on it running any smoother.
2. By purchasing insurance we are all accepting a bit of risk. The reason we do so is because the risk is generally lower than the risk of not having insurance.
I'll take your example. There's a much higher chance that ill crash than the insurance company go under. This is why we get insurance.
The difference between this example and ACA is now I have health insurance at a much higher cost and risk. When ACA is enabled, the govt will put a price control on available plans. This will force the company to push the cost onto us.
Here's where the problem lies. If companies can't deny someone because of preexisting conditions, suddenly a bunch of people will flood the market. The people that are now "sharing the risk" with you are sick and require a lot more money to stay alive. Most of them won't be able to pay for all of it.
Three things can happen. 1. The company will raise everyone else's rates. 2. The govt will subsides it. This in turn will raise your taxes. 3. The company collapses because of the "shared risk".
In conclusion, the ACA destroys the healthcare system of "shared risk", because it forces companies and people that are purchasing insurance from these companies to take on a much higher risk for a greater cost. It is terrible that some people can't afford insurance, but dragging everyone down to a socialist healthcare system isn't an option.
Nothing but lies with a healthy side of Bullshit my god no way has this moron read all 15,000 pages and the only thing worse than its rollout was when Coca-Cola tried to chagne its flavor UGH !!!!!!!!!!
Contact me in 5 years and we will have a discussion about whether or not Obamacare succeeded. For now though, any negative opinion of it is fueled by mainstream propaganda, wheras positive opinion is formed by a basic analysis of quality of life vs. legislation such as this. You are terribly mistaken if you think that America is the best place on Earth to live.
Gun Runnerz Need a better example than the DMV?! Try Tricare!
wow, very misinforming
Okay, we lied about you being able to keep your present coverage, and we lied about you being able to choose your own doctor, and we lied about you being able to see specialists without referrals, and we lied about premiums not going up, and we lied about not imposing taxes, and we lied about the act paying for itself, and we lied about the website being ready, and we lied about instituting mandates, and we lied about the penalties, and we lied about the deadlines, and we lied about...well, just about everything. Now, what are you going to do about it? Not much, after all, the law is the law and we can't just change it...well, we could but that would prove the Republicans were right, so shut up, drink the kool-aid and trust to us how best to manage your lives. Oh, and by the way, about all of that stuff I just said; We're real sorry (hee hee)."
I came here hoping to find some real information and got a gov't infomertial.
rfdsdf1 Yep, furthermore, if you don't have money for insurance, lets CHARGE poor people $125 a year when they don't have $125 to even see a doctor once a year LMAO! fucking shitty USA left wing progressive filth PC nightmare we are living in...
+kenmastersmaster try $695.00 as of the 2016 tax year and $325.00 this year. Also the IRS is going to start direct enforcement in 2016, meaning that instead of taking it out of our tax returns, which is bad enough, they will start sending bill collectors after us and seizing property if we can't pay.
+kenmastersmaster Actually there's a waiver for those that can't afford insurance. What was that you said about the left?
+HumanOddity69 _ It will get shit canned by 2016.
+Lightspeed a waiver? i made 10,900 in 2015, i cant afford insurance and they sure as fuck fined me 325 bux
So far this seems to be one of the most simple explanation of this complex topic. Thanks for the lack of politics in this video.
What it does is raise the price of Health Insurance for everyone. The fact that its called "Affordable" is almost comical.
I grew up in Switzerland. We have mandatory health insurance. Average price is $250/month. Switzerland has one of the highest life expediencies in the world and is regarded as having one of the best health insurances world wide.
When I see Americans saying how bad the Obamacare system is, then I don't understand what the fuck you guys are talking about. This system you now have is by any means a huge step forward.
I like the whole "finally women don't have to pay more for insurance...about time right"
Women are 30% more likely to go to hospitals than men, and that doesn't count pregnancy and lady problems. Women paid more cause they used it more. Same reason men and youth pay more for car insurance. But hey...would hate to not be considered progressive -_-
Before the affordable care act it cost 20 dollars to see a doctor in my state. Now it costs 150 dollars. Only a democrat thinks that that's a good thing
I doubt that's true, but ok 👌
Answer: Nobody knows.
Read the damn ACA you get taxed over $2000 if you're uninsured
Here in America, we believe in freedom. That's why we passed legislation that requires you to give money to private businesses if you are a living person, and we penalize you if you don't. Don't want to pay it? Well, you don't have to live......oh wait.
God you people are delusional that’s not a law anymore
@@The_king567 lol ummm this comment was made 9 years ago lol my politics have changed quite a bit since then.
@@TrippingDaizy and
@@The_king567 I support the ACA now, especially after Trump tried to get rid of it with no replacement. Lol A LOT has changed since that clown got elected back in 2016. I realized after Bernie started his campaign for President in 2016 that I'm actually a liberal. I still wish we would have got universal healthcare instead of Obamacare and still didn't like the fact that it took money out of our tax returns if we had no health insurance, but it's way better than what we had before.
@@TrippingDaizy that’s unfortunate I was hoping you would not support it I do hope we get rid of it someday tho it’s unconstitutional I know how you liberals and sanders bros hate the constitution and your fellow Americans.
The problem is not the insurances. They should not even exist. The problem that Americans don't realize (because they didn't live in other countries) is the astronomical prices of healthcare and drugs in the US compared to all other countries due to NO control on private sector. In Europe basically insurances don't exist, at least not in Italy and where they exist they don't cost very much. Why do you need insurance in countries where healthcare run by government is not expensive? For example in Italy you have a healthcare run by the government which is funded by taxes (of course nothing is free) which is very efficient. BUT in the US I pay about $1000 per month for my health insurance, in Italy there is no way that the taxes to fund the government's healthcare system is $1,000 per month, maybe it is about $200-300. Anyways there is also a private system if you want a slightly better and quicker service. So you do have choice. BUT hospitals or private specialists can't charge astronomical amounts. Yes they charge and make good money anyways but they can't charge too much otherwise everybody will go to the government system. It works for everybody.
a few months later and we find out it far worse than he described, I wonder how bad it will be a year from now
Here we are 4 years from your comment. It sucks. Stay in the past Captain.
Great video! I'm going to listen to a podcast on it.
2:42
Great how about car insurance companies stop charging men more now?
I'v been uninsured for 3 years and have not had to go to the hospital.
Bless your heart! Goodluck! I have a young grandson that doesn't have insurance right now and i really WORRY about him.
@@Bunny-8889don’t
i dont see why the federal government felt the need to intrude on private business and force individuals to pay for a product.
Health is a basic human right. Unfortunately, when those without health insurance get ill or injured, hospitals still take care of them. That cost is redistributed to paying individuals with health coverage. The mandate insures that every single person pay what they can so that cost is not placed on others. Still needs work but our country is moving in the right direction.
Health care is no more human right than eating at a 5 star restaurant. On what premise is anyone entitled to another persons wealth?
Healthcare is not a human right.
Because the progressives and democrats have been attempting to get people to vote single payer system for more then 30 years and the republicans (who have been in charge of the house and senate for years) refuse to pass it. I know when Paul Ryan finally gets hold of the medicare and privatizes it so it goes broke, a giant chunk of the republican party will finally be culled. After all, republican states collectively pay less in taxes then their states extract. Are in need of healthcare due to poor access of healthcare. Millions still stuck in the medicaid gap not so with the 31 states that did expand it. Watch the 2011 presidential debate 'republicans cheer let the uninsured die'. UA-cam it when Ron Paul was talking. That's your base and I am glad the republicans will finally cull their own party. Time to cull the ignorant.
Right. Since when should a president force his vision of healthcare upon us, AND HE DIDN't HAVE TO TAKE IT! Neither did his cabinet.
This exhibits all the failings of the system. Eye opening contrast looking back now. Crazy.
How does the ACA work? It doesn't... I think I just did a better job than this guy!
Clayton Riisoe maybe trump supporters like this type of "logic" but people with a brain expect you to back up what you say with facts
IRIS THATS THE PROBLEM IN THE USA TODAY ALOT OF PEOPLE COMING FROM THIRD WORLD COUNTRYS WERE THEY GET NOTHING AND THEN COME HERE WHETHER LEGAL OR ILLEGAL AND WANT EVERYTHING ON SOMEONES ELSES BACk.BARACK OBAMA SCREWED EVERYTHING UP BY BEING A SOCIAIST .MY INSURANE WENT UP FROM 300 deductatble to 1600 deductable.THE PREMIUMS SHOT SKY HIGH NOW TRUMP HAS A BIG MESS TO CLEAN UP THIS IS THE ONLY COUNTRY IN THE WORLD WERE POOR PEOPLE GO TO THE DOCTOR TONS AND TONS OF TIMES AND DONT PAY A PENNY.IM NOT RESPOSIBLE TO FEED CLOTH AND PAY OTHER PEOPLES MEDICAL BILLS WILL YOU PAY MINE I DOUBT IT
dude weed lmao
Actually, the people in Japan go to the doctor three times more than the people in the United States. That is the main reason their universal health care plan is having financial difficulties. We are one of the only modernized countries in the world that does not have a universal healthcare plan that is no cost to a very small cost to it's citizens. Obamacare was just trying to catch us up to the rest of the world.
I agree grs. I live in a very blue city in northern new jersey, where everyone supports the Dems only, and see any kind of border control as racist; voter ids as racist. I almost laugh when I go to vote and I just state my name. Seriously! Oh, and there is a large immigrant population and high poverty in many parts.
Great video! Just what I needed. Thanks.
They should rename it The Unaffordable Care Act
😂
Awesome simple video thanks
"Obummer, your healthcare premiums went up!"
So very helpful, thanks so much!!
ACA is a good piece of legislation. Biggest problem is that Obama over estimated the financial sophistication and possibly the intelligence of the American people to understand what needs to be done to be in compliance. Some Americans are only just realizing that healthcare is expensive. Stop quoting meaningless premiums to explain affordability if you don't express those numbers as a % of your income. If you aren't even spending about 10% of your income on it, then you're not spending enough , lol.
I have a friend who was a huge fan of ACA because they had a pre-existing condition that would now be covered. (Personal reasons). Now that they've addressed the pre-existing condition, they are upset with the cost and coverage of the ACA (because it doesn't benefit them any longer). Most of the stories I have heard that have Pro-ACA have been similar. There is no cost benefit the majority of Americans. That's why they have to illegally make it a tax. Such a duplicitious government we have. If they truly cared for the health of Americans they would have a devised a simpler plan that actually worked. But helping us was never the intent.
+Keko Moore And what are their complaints now? Too much time talking to doctors getting help?
It doesn’t pretty simple answer.
Vote libertarian 💛
"Affordable" Care Act and (best of all) "Keep" your insurance... Hahaha that's pretty funny stuff.
what makes you think anyone else would do it differently? you obviously underestimate how messed up people are. Ever hear of the Stanford prison experiment>? there are many other studies that demonstrate how situation can influence the behavior of everyday people.
I usually lean towards the left side and I agree that this is a complete failure..the middle class shouldn't schemed out of insurance just to make the lower class be able to afford it.
You tell him bro!
I am always telling the staff at my local supermarket that the 50% extra free with the corn flakes isn't really free!
this video is outdated. a lot of the "good" points hes saying turned out to be misleading or flat out lies. thumbs DOWN
Hallellujiah someone who gets it
Joseph Chiappetta What would you propose as a solution?
VoyagerOne Free market solutions. Google: "free market healthcare solutions"
Boat I fail to see how that will solve the issue. The underlying notion of the free market is a business principle. Health care in not a business because it's in regard to quality of life. I really don't understand why we're comfortable with treating healthcare under a business model.
VoyagerOne because when we leave stuff up to the government, they make it way worse and are never held accountable like the free market is. Don't like your free market plan change it, someone else will take your business, don't like your governments plan because it doesn't think you need the treatment, too bad.
there is NOTHING affordable in the care act for me. my premium is 3x from my private, lost doctor, worse coverage, higher deductable....haven't had insurance since i got kicked of my private plan because i can't afford it! was $269 with the "affordable care act" it went up, yes UP, to $780.
This is super bullshit. I'm a full time college student working 20 hours a week. My rate went into 45 dollars to 970 dollars in January. Affordable my ass
So here is the latest..it has been 10 years since you posted. I have a Canadian Student client who went to enroll at University of Southern Cali***nia and live off campus. The Student Health Department won't let her enroll in classes until she signs up for the compulsory Student Health Insurance. It is $5800 Dlls a year. She had a major medical insurance already, but they told her it is not Affordable Care ACT Compliant therefore can't be accepted by their University. It is the fall of 2024.
Health plans that were discontinued under the ACA were plans that did not comply with basic minimal coverage. Lots of young healthy people had cheap insurance because it didn't cover much. Those plans could (and did) have low overall limits on coverage, the ability to exclude folks with preexisitng conditions, not cover maternity care etc. The whole point was to help spread risk by raising the floor of what "minimal" insurance looked like while expanding the risk pool by mandating that everyone get coverage. Overall, costs and the number of uninsured have come down.
It doesn't work.,Ask the millions in the medical field losing their jobs.
This vid deserves an award just for discussing Obamacare without devolving into a ranting and raving hate-fest. (See some other comments around here from accounts with real-sounding names and no pictures. Cough >sock puppets!< Cough!) Thanks for the facts, Brainstuff. I'll make my own choices on whether the ACA is good or bad. Rock on.
I'm surprised this video is still up. To date, being able to keep the doctor or plan you like ended years ago, lifetime maximums have been implemented, insurers have dropped out of the marketplace due to catastrophic losses, medical facilities face payment delays and government intervention in what care the patient should/should not receive, and while many are put into the risk pools at minimal premiums many others are dropping out due to exorbitantly high premiums and inability to obtain any benefits
I love the video and believe in order for any program to work you must use it. If you do not know how find information on the use of the program its coverages and, providers ask for help. Many people have benefited from the Affordable Care Act and many more will benefit from the implementations. Keep me informed thanks.
Just force people to pay. That's right, that's how free market works....
Free market is a myth lol
Hello, I am looking for a forced health insurance plan which will
regularly accept my skyrocketing premiums while setting a deductible so
high that I cannot possibly ever make use of the plan I have been paying
for. I'm not too picky, so a plan of tribute to a private company by
government decree, but not actually having the first thing to do with my
health or with actual insurance would be such a blessing. Just
something with the word "Affordable" and/or "Care" in the name would be
nice. I absolutely adore pretty labels Any suggestions?
He is all happy that woman won't have to pay more for healthcare yet men still have to pay more for car insurance.
This is because, across the board, men have a statistically significantly higher risk of causing or being part of an accident. Women do not have a comparably higher risk of medical issues across the board. Sure, women may have a higher risk of say, breast cancer, but men have areas in which they have a higher risk than women.
***** I know it all supposed to be based on statistics,which in turn is really just stereotyping and is borderline discriminatory. Anyway woman get pregnant so I could see a difference in medical costs based on that.
Here from 2020. Turns out It’s a good thing to have and it’s pretty popular :)
If you have half a grand you don't mind losing each month. Especially with Corona pandemic and government not doing anything to work with big pharma to get prices down on that end, healthcare is just out of reach for a massive portion of Americans.
Q: How does the Affordable Care Act work?
A: It doesn't.
Explain this to me: Why wouldn't this work? It works in Germany for example. And I am in insurance and finance. Fix your system.. It is just weird to see that a country like the US isn't able to have good public education and healthcare. In Germany 99,99% have healthcare, we habe public schools and universities which are good, next to no mass shootings, prisons arn't full, and and and we can still get rich.. Not everything is perfect, but it is a whole lot better for the general public then in the States.
@@yannicanguelov3170 Your questions are all unrelated to your original question, please try again.
@@yannicanguelov3170 Careful to try not to hit one of my fellow Americans with too much rationality. It may make them angry and resentful.
I wholeheartedly agree with you.
@@yannicanguelov3170it’s stealing my money dude that’s how and it’s undemocratic read a book next I’m tired of arguing with you
@@therickestpicklerickyou know everything he said is wrong
(Not to downplay job creation from Government and business)
From what I am understanding many people that didnt have health care will and cheap. There is a variety of coverage people can choose. I heard 1/2 the people in New York are eligible for Government subsides on their health insurance. You can choose and pay accordingly. For instance buy just emergency coverage and then pay for your own doctor visits. Something like that
Can I, as a man, now pay less for car and life insurance because it isn't fair?
No, because car insurance and life insurance are luxuries. Health insurance is a necessity.
crystal clear
For fuck sake! I got bills to pay! I love how my income is calculated! It's all based on "before tax you get this much so you can already afford this much" for the love of God! Why don't the feds do this! My income as whole, -fed tax, - state tax, - SS tax, - Med tax, -food, -auto insurance bill, -auto loan, -phone bill, -cable bill, -credit card bills, -gas, and next year -penalty for not having obamacare=I'm gonna be on the street soon :)
Not sure if you know but most of the "affordable" plans carry 4-5k deductibles - so unless you spring for one of the top plans you are going to pay that $2k anyway. It only helps you if you get something serious that costs tens or hundreds of thousands to treat. Also even then you will be responsible for 10-40% of the total costs depending on the level plan you choose, so don't go getting too excited.
How could you be against this? In most European countries this is old news.
Take your ass to Europe and there then
Indeed, ACA is good due to flexibility in choice. Over here we pay 12% of total income for a universal health service and contribute about 5% to a compulsory private pension provision. Some Americans are really dumb to realize the reality that healthcare is expensive and ACA does indeed make healthcare affordable.
People need to stop acting like being uninsured is a horrible thing. Over-insurance is a major reason for the rising prices in healthcare in America! We need to go back to a free-market system.
We do have a free market system 🤦🏽♂️ That's the reason why healthcare prices are so high in the US compared to almost every nation on the planet
Free Market health care doesn't work 💀
If you like it, you CANT keep it. XD
all this video was a positive advertisement for Obama care, it did not mention any actual facts on how it works...
Thank you for this awesome summary!!
Want to learn how the Affordable Care Act works? Well, it doesn't work. Lets have a video explaining the implosion of the ACA and lets follow the money trail this time? Exactly how much money did we pay Jonathan Gruber to call us stupid? Yah. Lets do a video on THAT.
Why don't you explain why it doesn't work. Please articulate, instead of echoing the same crap you have been programmed to believe. I'm waiting with guns cocked. Please do your research first and make sure you know what you are talking about.
@@Justice777Allah - The answer is simple. You do not have a right to health care. Health care is not listed anywhere in the Constitution or the Bill of Rights. Your rights include life, liberty and the pursuit of happiness. Nothing more and nothing less. I will now explain why it doesn't work- IT IS NOT CONSTITUTIONAL.
@@robbygee2539 lmfaoooo. You waited all this time to offer up this response? Where did you grab this from? So someone told you healthcare doesn't work because it is not in the Bill of Rights???? Sorry sir, this makes no sense to me. Our political party system works, is that part of the Bill of Rights or anywhere in the Constitution? The mortgage system works, is that in the Constitution? Is the Constitution some magical panacea that determines what works? Your response makes no sense to me. The ACA works, Medicare works, Medicaid works, we just need to continue with the necessary tweaks as time progresses. Nothing is perfect. I tell you this much, the ACA is a million times better than the system we had in place. I know because I work in the industry.
Most stupid law. How could you not deny an applicant with pre-existing condition. Bullshit law
Technocrat is really just a synonym for "lying thief"
People who are near or below the poverty line will be covered by Medicaid, and therefore their insurance is covered by payroll taxes, just like they've always been. The only people who will be fined are those that explicitly choose to not purchase health care and are not covered by work related insurance plans. The fine is designed to recoup some of the cost related explicitly to people who rely on emergency rooms as their primary health care option. They are also responsible for 100% of costs.
Hrrrmmmm.....regurgitating what MSM has said for the "umpteenth" time. Hilarious how he makes the fines and fees sound so cool and summarizes 2000 plus page legislation in less than 5 minute like thats all you need to know lol...rrrrright
Chau Nguyen you can read the 2000 pages yourself, have FUN!
The info in this video is out of date. The penalty for not having insurance is $2000 a year. In 2016 it is expected to be $2800.
.you forgot to mention...signed into law by a proven LIER!
Yes, I know he is a lier. He has reclining chairs all over the Whitehouse!!! I have even seen pictures of him reclining. Recorded proof.
Lier(noun) ones who reclines. a person or thing that lies, as in wait or ambush.
But I rather him relax and recline than be a liar. : P
Oh, because you are above reproach?
It's JUST a small fee at the end of the year. We're JUST penalizing you for living here.
and it increases every year after implementation.
Basically if you're poor as shit or need certain treatment. The government will provide said treatment. You're not paying their fucking wages, you're just helping those and yourself to get treatment at a lower cost and examinations practically for free. Yes it's a small fee so that your broke ass country doesn't look like africa, riddled with medical complications and malignant people.
trollercoaster99 Malignant people? Are they like malignant tumors?
mikeleeisback malignant= diseased
trollercoaster99 Incorrect.
so im going to be paying 10 times more not cool
Some inaccuracies in this video. Many people couldn't keep thier plans because the law set minimum requirements for what plans had to cover, making many plans invalid. Some employers filed lawsuits over the kinds of coverage required and the costs involved.
Also the marketplace approach didn't work as it was dependent on states expanding Medicaid, which many didn't because they couldn't afford it. When I went online to buy health insurance the marketplace literally told me I was too poor to afford any of the options on the site and I should be on Medicaid. It tells you that if your income is below the poverty line (mine is a family of five so $30000 per year). The problem with that is Missouri didn't raise thier Medicaid cut off for adults so if household income is more than $4800 per year (one sixth of the federal minimum to buy health insurance for my family) my wife and I are too rich to be covered. My kids are covered by Medicaid but I'm too rich for my wife and I to get Medicaid but too poor to buy health insurance according to the website's algorithms.
The law was dependant on too many others making voluntary changes that didn't so it utterly fails to do what was intended.
The USA has the best doctors in the world, this is because we require an EXTREME amount of work for them to become a doctor. The main reason people go through this stressful process is for pay. Obamacare cuts the pay of doctors and requires them to pay additional expenses. That in theory will lower the quality of our doctors as less people will be motivated to go through the hard work to become one. Small practices will be shut down and bought by big companies.
How you like the hope / change
f**king headache
Sorry I promise I’m focusing, but I have the biggest crush on this man.
This is a pretty funny video. Now that the ACA is out an mostly implemented it is funny to look back on the videos parroting what Obama and the Dems said was going to happen and then look at what actually happened. Keep your doctor or plan? Negative. Affordable? Negative. More competition in the marketplace? Negative.
Here we are 2 years later from your comment and it's even worse.
All I know is that my insurance has already gone up 75%...
just heard this guy say if you like your plan you can keep it. Pah what a joke. Biggest fail in american history to date
if you have a plan that you like you can keep it. That was what was said, no matter how hard you try and spin it, that is what was said. And that is not all, the plan forces many more people onto medicaid than would normally not be qualified to push medicaid bankrupcy faster. Not only is that fun, but how many young adult males will sign up for a plan that forces them to cover birth control pills for them in case they get pregnant? Nice try with the spin, go back to liberal fantasy land
crawl back under the rock from which you came, and maybe take a look at the document that we have to pass to see what is in it again
No but you obviously havent either, nor have you seen the huge destructive impact it has had on those who pay for their own insurance. There is a reason that obama is desperately trying to delay the bill until after 2016, because i could run for the senate this year saying i appose obamacare and dethrone any democrat. Its a huge fail and your too stupid to realize that. MSNBC is calling, i think you got a job based on your idiotic left wing spin. Make sure George Soros is paying you for this stupidity
Dude you sound like your talking from august of 2013 before the bill was actually implemented. Take a look at soaring deductibles and other costs that are rising through the roof right now thanks to this. Or maybe you would like to use the democrats new strategy of being unemployed because of obamacare is a good thing. And no this isnt freedom, last time i checked freedom isnt forcing someone to get insurance or pay a fine for not getting the insurance. And you really dont want to start on the whole freedom thing there liberal who wants to ban just about everything and have government tell you what to do because if you had a braincell in that hot air balloon you call a head you would just shut up now before more stupidity of yours is exposed
I dont have to respond to this, you have cemented in internet hell how stupid you are for believing all of this crap. You even brought up the race card and helping terrorism because you think this law actually works hahahahaha. It's people like you that make me mad that everyone in the country has an equal opinion in our government and elected officials. I hope you don't reproduce you country destroying moron
There is a big problem with preventative care. A few years before my grandmother died, while she was on medicaid, she was scheduled for 4 breast exams. She was having other health issues at the time and wasn't concerned with breast cancer and even requested them not to schedule her any more breast exams. Why did her doctors make these appointments? Because the tax payers would be the ones paying for it easy cash. Putting an elderly woman in her final years go thru a breast exam, despicable.
Wait, I haven't started the video. Let me guess. You go to the hospital, you pay the bill, I collect the money, everybody is happy. That's how it works. Right?
Such payments shall not be used as general revenues for an entity described in subsection (a)(2)(B)(i). The Secretary shall develop a mechanism to monitor the appropriate use of such payments by such entities.
My god this is so great. Thank you so much
John Santos what you don't get is if you are under the poverty line you don't pay anything. If you're 4times under the poverty line you get heavy subsidies. So if you're a 20 something makes 30k a year, $16 an HR, you still get subsidies. The poverty line is $11,170 for a single person. So you do the math.
It doesn’t work and we should get rid of it
Doesn't every other country have this too
You don't appear to have any understanding of the situation. The bill that the Senate passed (multiple times) was already a compromise between the two parties. The House, however, refused to vote on that budget if the measure to defund ACA wasn't left in it as they wanted. And defunding it is exactly what they're trying to do, they simply reduced for how long. So now they stubbornly refuse to do anything, to save face.
But why did my premium skyrocketed after introducing obamacare?
Thank You
Yes... The $95/year he talks about is a tax on anyone who does not have health insurance. Once you sign up for insurance, you are still required to pay a monthly premium... For me (a 24y/o, non-smoker, with no history of health issues, making less than 30K), I would owe the insurance company $234 Monthly Premium. And that doesn't include the Dental
golly , this barrycarrie sounds great and it really seems affordable ...almost free
,how do I sign up?
Ok. I get that. Don't we also have to all purchase auto insurance? I don't ever hear complaints about that. But when we all have to have health insurance, there's a huge uproar about it. Am I missing something?
what was the logic in charging the uninsured
I’m a dual citizen living in Detroit and I just cross over to Windsor to see my Dr, dentist and get my glasses I have never had to pay out of pocket for any of these and now that I know the prices, how can people afford this living in the United States I’m sorry, but if I was an immigrant, and I could choose any country to live in, it would definitely be Canada although it’s very expensive to buy houses. Even going out to restaurants are almost double but at least our medical expenses are paid for that since I’m Native American everything is paid for for me dental eyeglasses all my prescriptions so I guess I’ve been pretty lucky
(4) USE OF PAYMENTS- Amounts paid to a participating employment-based plan under this subsection shall be used to LOWER costs for the plan. Such payments may be used to REDUCE premium costs for an entity described in subsection (a)(2)(B)(i) or to reduce premium contributions, co-payments, deductibles, co-insurance, or other out-of-pocket costs for plan participants. (cont.)
Seems pretty damn good to me..
This is actually more expensive and worse coverage than what I had before I got unemployed. For me to have something somewhat comparable covering the same percentage but twice the premium, I have to pay $480 a month for me and my son (not including wife), I think since I have never been able to get past the enrollment process. My other insurance, I pay $350 a month for a better insurance. Ur employers pay most of the bill, here you pay all.