Obama Care VS Romney Care—Learn the Facts
Many Americans are confused about what Obama Care means for them, or what Romney Care would mean should he be elected. There are many misconceptions about these two very different healthcare plans.
In order to make an informed decision this election, it is important to understand fully the details of these two takes on healthcare reform. Not only may this effect your decision for the presidential election, but it may also affect your position on other positions up for election in November in your home state or community. What you will find here is only a summary of information. You should research both plans for yourself using unbiased sources of information to fully understand your choices.
Obama Care—A Helping of Liberal Ideas
Obama Care means a lot of different things, but here are some highlights.
- Children cannot be denied insurance for preexisting conditions. A program is available for adults with preexisting conditions until 2014, when healthcare coverage must be provided to everyone regardless.
- No lifetime cap on how much coverage you have. Annual caps will be eliminated in 2014.
- Children will be able to stay on their parent’s insurance until the age of 26.
- Small businesses get big tax breaks for offering health insurance options.
- Women receive free birth control and preventative services. The cost for Obama Care over ten years is $940 billion, paid for by a payroll tax, taxes on unearned income, a tax on employers who do not offer adequate health insurance, and taxes on insurance companies, as well as government funding.
- Obama Care will reduce the deficit by $1.2 trillion over ten years.
There are many other things that are covered by Obama Care. One additional thing to note is that those who have the ability to purchase private insurance will have to do so or pay a tax. Those who do not have the ability to pay for private insurance will be able to gain coverage through the Health Care for America Plan.
Romney Care—Shying Away from the Conservative Standard
Romney Care refers to the healthcare reform that took place in Massachusetts while Romney was governor.
It is strikingly similar to Obama Care.
- Provides health insurance to those who cannot afford it.
- Health insurance coverage premiums are based on income and a sliding scale. If you are too poor, you pay nothing.
- Finances are reevaluated each year, and rates are adjusted accordingly.
- The difference in the actual cost of healthcare coverage and what people actually pay is covered by subsidies.
Romney Care proved that healthcare reform could make a difference. Premiums are at a significant low in Massachusetts, and the number of people covered is very high. More businesses are offering insurance to their employees, and the program has proven to be quite cost effective. Unfortunately, Romney’s plans for America, should he be elected, are quite different from what he signed into law in Massachusetts. He feels that states should be in control of their own healthcare reform, based on the needs of the state.
What Should Win the Contest?
It could be argued that Romney Care is a better way to handle getting everyone on insurance. However, it could prove difficult on a national level. While allowing individual states to be in control of their own reform may seem like a good thing, there are problems with this concept. In the end, only you can decide which one you think should win the election.