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ObamaCare is among one of the largest medical reforms that we are witnessing until now. This act has affected millions of Americans, several states of the US, and lead to an expenditure of millions of dollars. The republicans have not been able to come up with a unanimous conclusion about the bill. You can find the word ObamaCare everywhere- in discussions, newspapers, online articles, print media, and even TV news channels.
Do you understand the impact of ObamaCare on your insurance? Let us find out some important aspects of the ObamaCare Act.
Impact of ObamaCare on Small Business
One of the most debatable aspects of ObamaCare is the fact that small-sized business owners are not required to offer health insurance to their part-time workers. In one of the letters received by the House and Senate Democratic Leadership, it was mentioned that the ObamaCare cannot only shatter the health benefits of Americans, but it can also destroy the 40-hour workweek culture of the American families. There are chances that small business owners might shift towards higher part-time opportunities that the regular full-time jobs.
The good news is that the employer mandate has been postponed until 2015, which will allow businesses to continue their regular work-hours to avoid the extra health insurance cost. ObamaCare has made it mandatory for businesses with more than 50 full-time employees to offer health insurance to their workers.
Impact of ObamaCare on Health Care Workforce
According to the records, America will have a shortage of 91,500 professional doctors by 2020 (the Association of American Medical Colleges). The findings of a survey conducted by The Doctors Company are even more overwhelming. According to the survey, more than 60 percent of the doctors feel that the pressure to increase volume, quality, and lower cost of Medicare will affect the quality of patient care in the upcoming years.
On the contrary, ObamaCare will create more employment opportunities in the health care industry and improve the quality of Medicare facilities. There will be more than 485 new constructions (245 completely new) and repair works to improve more than 190 facilities throughout the country. The Act will serve more than 4 million people and create around 19,000 job opportunities in the medical sector.
ObamaCare and the awareness among Americans
More than 24 percent of the Americans are unaware of the ObamaCare law at all. Further, the percentage of people supporting the law stands at 35 percent against 40 percent who are not in favor of the ObamaCare Act.
The good news is that ObamaCare is happening already. You can register at the state-run health insurance centers for subsidized health coverage. The eligibility will depend upon the family income and the size of the family. The ObamaCare law will supposedly help more than 50 million Americans in achieving better Medicare facilities.