Unless you’ve been under a rock, on a deserted island, you’ve heard by now that the Supreme Court upheld the Healthcare Reform law yesterday. If you want to read the actual law, you can peruse the 974 pages of the reform over at healthcare.gov.
To say that opinions are divided would be an understatement.
I’ll be honest and say that I haven’t read the law beginning to end (I don’t imagine anyone has, really) and I certainly don’t claim to be an expert of any sort, but I fail to see how having this law is worse for our country than not having it.
I’ve heard a lot of grumbling about how this will impact the middle class. As a part of the lower-middle class, I don’t personally see it. Yes, we have health insurance. Yes, we pay greatly for it. We also use the heck out of it. My daughter’s surgeries two years ago totaled over $60,000. Thankfully, our insurance covered almost all of it. Under the reform, not only do we get to keep our insurance, but we also get tax credits for having it.
Prevention – This is an area that can save tax payers HUGE money. Ladies – those annual exams? Totally fun, right? What about the uninsured women who don’t have those? How many medical issues, diseases and complications could having insurance that is required to cover those exams prevent or catch in the early stages? How much money do you think hospitals lose every year treating medical conditions that could have been avoided with preventative care? Personally, I was pretty darn thrilled to not have to get a referral to see my midwife just so I could get a physical.
Big time medical issues? You won’t have to worry about hitting a lifetime maximum. And, your insurance company won’t be able to drop you because of an honest mistake on your part. Also, your kids – they can stay on your plan until they are 26. You child also can’t be denied coverage for a pre-existing condition and as an adult, you’ll have options for pre-existing conditions too, including pregnancy.
I don’t see the downside here. If you think we aren’t already paying for healthcare for everyone who’s uninsured, I think you’re mistaken. We pay for it every time we make an insurance payment, pay a co-pay or a medical bill of any kind. I think this is definitely a place where regulation will help us more than it will hurt us.
What’s you opinion? Help me see your side. Please link to any specific research you may have to share, and please be respectful if you choose to comment. This is a hot topic for sure and I’d love your feedback.