I remember when Obamacare was first talked about publicly. The online community lit up the Web with rumors at a rate I was previously unfamiliar with. Whether sweet or toxic, there was no end to the stream of comments regarding the President’s plan for healthcare reform.
That’s when the misconceptions began. Citizens weren’t sure what the difference was between Obamacare and the Affordable Care Act (hint: there is none) or universal healthcare. They weren’t sure how this law would affect Medicare and Medicaid.
So, after considering the stigma that weighs down the healthcare plan (you know, the one about Obamacare just being for those that can’t afford insurance), they began to wonder about their options, one of them being private insurance.
The first thing I want to say is that private insurance is an option. Many will lead you to believe that the system President Barack Obama has put into effect will leave you without choices, but that’s not the case. Obamacare, or the Affordable Care Act, is not a single-payer system and thus does not rule out the possibility of you buying insurance from a private broker. You still can. In fact, Obamacare, with its health insurance marketplace, can help you find the perfect private partner.
In terms of actual coverage, there are a few notable differences between the healthcare settings. For example, for those who simply can’t afford the more expensive private option, they will likely have to settle for the mandatory benefits given out by the Affordable Care Act. Those who can afford to spend more money, in comparison, will get the choice to receive more coverage and select services. Thus, private insurance is probably the better option of the two for this group.
In truth, the only ones that should be considering Obamacare are those citizens who feel that they cannot afford the higher rates of the competitive private market. It may not be overwhelming, but the Affordable Care Act will still offer them “necessary coverage,” a term that will surely be augmented month after month.
One thing to keep in mind, though, for those already dismissing the notion of Obamacare, is the likelihood of universal healthcare becoming a reality. With President Obama outright calling his plan one of “universal healthcare,” this could lead a citizen to believe that this is the direction the country is headed towards. So buckle up, ladies and gentlemen, and cross your fingers for a mostly smooth ride at best.