3. Mission Statement
Main focus- Providing more Americans access
to affordable health care, improving quality of
health insurance, regulating the health
insurance industry, and reducing spending on
health care.
4. Background facts
Law that established program: The Patient
Protection and Affordable Care Act
President when established: Barack Obama
Date established: March 23, 2010
7. Controversial Today?
● Liberals - Still think that everyone should
have health care benefits.
● Conservatives - Still oppose and think that
this isn’t constitutional. It is now harder to
own small businesses. Don’t want to be
taxed more
8. Modifications
● Waivers giving exemptions to some
businesses (about 1,150 of them) for about a
year
● Republicans have accused the
administration of awarding waivers to allies
who supported the health care act.
● Lifting the requirement on businesses to file
a form called 1099 for a variety of
businesses expenses
9. Agency and cost
The health and human services administration
oversees what goes on with obamacare
The final premium is decided on lower than the
CBO predicted but higher than people are
[aying now. 95 fine comes out of tax returns for
not being insured, it will double the cost for 27
year old males. It is predicted to cut the deficit
by 200 billion in the first 10 years
11. The cost borne by Federal and State
Government
75% of Obamacare is borne by the Federal
Government, while 25% of the program will be
given to both States and companies within the
states. The companies mainly help to serve just
as “navigation” programs.
12. How will it be Administered?
The state government will collect through
insurance companies, with various prices
depending on which state you are in.
Companies can also choose to get rid of their
insurance program and make the associates
use Obamacare. Some companies will serve as
“navigation” programs and get people to sign
up for Obamacare , and receive funds for doing
so.
13. How will money be distributed?
The federal government will be giving funds to
all the states in order for them to distribute
Obamacare. Companies will also receive
money so that they can get people to sign up
for Obamacare.
14. Requirements for joining Obamacare
There really aren’t any requirement, the bill just
needs to be passed and the states that want to
receive the funds do, and even companies
decide if they want to give it to their employees.
The federal government offers the states grants
for running the healthcare within the states, and
again it offers companies grants for helping
people sign up for obamacare
16. Multiple Choice
1. Which of the following are not a main focus
of obamacare?
A. Improving quality of healthcare
B. Getting rid of healthcare
C. Regulating health insurance industry
D. Reducing the cost of healthcare
20. Multiple Choice
3. What government agency oversees
Obamacare?
A. Department of Education
B.The Patient Protection and Affordable Care
Act
C. Health and Human Services Administration
D. None of the above
